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MyWash - About the company

MyWash is an acqui-hired company based in Bengaluru (India), founded in 2014 by Silus Reddy Chintapalli, Balaji Ashok and Raghu Bharat. It operates as an Online laundry and dry-cleaning services. MyWash has raised $1.43M in funding from Orios Venture Partners and M & S Partners, with last known valuation of *****. The company has 21 active competitors, including 2 that are funded. Its top competitors include companies like PickMyLaundry, DoorMint and CleanCraft.

Company Details

Provides on-demand online laundry and dry-cleaning services. Users have to select pick-up and delivery times, and an agent will pick up, wash, iron and deliver clothes. Launched in Bangalore in Oct 2014. Developing a mobile app for one click pick-up scheduling. Charging INR 19 per cloth as an inaugural offer in Oct 2014. Claims to be funded. Founding team from BITS Pilani. Claims to have completed 50k orders in July 2015. Raised $1M from Orios Venture Partners in Jan 2015. Was reported to be close to finalizing $17M funding from Naspers, later got acquired by Housejoy in Feb 2016.
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Registered Address
No. 547/548, Amarjyothi, HBCS Layout, Domlur, Above Punjab National Bank, Bangalore, Bangalore, Karnataka, India, 560071
Key Metrics
Founded Year
2014
Location
Bengaluru, India
Stage
Acqui-Hired
Total Funding
$1.43M in 2 rounds
Latest Funding Round
Last Known Valuation
***** as on Dec 17, 2015
Ranked
Employee Count
29 as on Aug 31, 2026
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MyWash's funding and investors

MyWash has raised a total funding of $1.43M over 2 rounds. Its first funding round was on Jan 2015. Its latest funding round was a Seed round on Dec 17, 2015 for *****. 2 investors participated in its latest round. MyWash has 2 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of MyWash:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 17, 2015
2601972
Seed
8553278
6201380
8681497
9480291
Jan 2015
8325502
Seed
1065009
8919324
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MyWash's founders and board of directors

Founder? Claim Profile
The founders of MyWash are Silus Reddy Chintapalli, Balaji Ashok and Raghu Bharat.
Here are the details of MyWash's key team members:

MyWash's employee count trend

MyWash has 29 employees as of Aug 26. Here is MyWash's employee count trend over the years:
Employee count trend for MyWash
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MyWash's Competitors and alternates

Top competitors of MyWash include PickMyLaundry, DoorMint and CleanCraft. Here is the list of Top 10 competitors of MyWash, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for MyWash
MyWash
2014, Bengaluru (India), Acqui-Hired
Online laundry and dry-cleaning services
$1.43M
39/100
2nd
Logo for PickMyLaundry
PickMyLaundry
2015, Gurugram (India), Seed
Online on-demand laundry service
$300K
37/100
3rd
Logo for DoorMint
DoorMint
2014, Mumbai (India), Deadpooled
Mobile based platform for on demand laundry services.
$3M
34/100
4th
Logo for CleanCraft
CleanCraft
2018, Delhi (India), Unfunded
Provider of laundry and dry cleaning services
-
-
32/100
5th
Logo for Wish2wash
Wish2wash
2014, Chennai (India), Unfunded
Aggregator for offline Laundry service businesses
-
-
30/100
6th
Logo for Dhobilocker
Dhobilocker
2017, Bengaluru (India), Deadpooled
Digital locker based laundry services provider
-
-
30/100
7th
Logo for Sanriya
Sanriya
2021, Pune (India), Unfunded
Online platform for financial planning and management
-
-
29/100
8th
Logo for Cleanz24
Cleanz24
2021, Gurugram (India), Unfunded
Provider of laundry and dry-cleaning services with pickup and delivery
-
-
29/100
9th
Logo for The Laundry House
The Laundry House
2016, Vadodara (India), Unfunded
Provider of an online laundry service
-
-
28/100
10th
Logo for Washmart
Washmart
2020, Noida (India), Unfunded
Provider of laundry and dry cleaning services
-
-
23/100
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MyWash's Latest cap tables and shareholding

Founders (largest shareholder) own 56.69%, Funds own 32.66%, Angels own 1.35% and ESOP Pool own 9.30%. The net worth of MyWash's founders is INR 23.8Cr as of Dec 17, 2015.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
56.69%
23.8Cr
6062360
8678435
1521913
4836455
8663610
8727523
8580640
2652134
6974378
8001662
7489944
6333348
8465403
1903119
7494674
6419847
16501
87143
18839
68460
77577
19340
Fund
32.66%
13.7Cr
7342711
2588038
2025772
4765113
1961696
6328414
2887342
1018169
7295065
1602349
1143
2609
2209
6426
7863
1084
Angel
1.35%
56.4L
7
7
1
4
ESOP Pool
9.30%
3.9Cr
6627653
4809069
1784687
9659320
Total
100.00%
41.9Cr
7113288
1742710
7687363
5755442
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of MyWash's Shareholding

MyWash's Investments and acquisitions

MyWash has made no investments or acquisitions yet.

Reports related to MyWash

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News related to MyWash

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