LaundryMate is a Bengaluru-based online laundry services brand that offers dry cleaning, washing, ironing and steam iron services via doorstep pickup and 24-hour delivery. Founded in 2022 and operated by New Age Consumer Services Pvt Ltd, the startup has built its consumer and delivery apps and a proprietary laundry ERP from scratch. The company operates a large Bangalore facility that can process 65,000 garments per day. LaundryMate leverages digital technology for frictionless ordering, tracking and delivery and aims to solve the laundry chore for Indian households. The startup plans to expand across India, targeting launch in 30 cities over the next 10 years and an annual revenue run rate of $1 billion by 2033. Management says the freshly raised funds will be used to scale fast and support national expansion.

Total raised

$6M

Funding rounds

1

Latest round

Series A

Latest activity

May 2023