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.
- Website
- mywash.in/order_schedule
- 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
Investors
Ranked
1st among 21 active competitors
Employee Count
29 as on Aug 31, 2026
Legal entities associated with MyWash
MyWash is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MYWASH TECHNOLOGIES PRIVATE LIMITED CIN: U72200KA2014PTC077625 , India, Active | Dec 05, 2014 | - | 52 (As on Oct 31, 2015) |
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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 |
View details of MyWash's funding rounds and investors
MyWash's founders and board of directors
Founder? Claim ProfileHere are the details of MyWash's key team members:
- Silus Reddy Chintapalli: Founder of MyWash and founder of 2 other companies, WINDO and WINDO. They are also an angel investor in 3 startups.Contact Info: 1 email address
- Balaji Ashok: Founder of MyWash.
- Raghu Bharat: Founder of MyWash.
View details of MyWash's Founder profiles and Board Members
MyWash's employee count trend
MyWash has 29 employees as of Aug 26. Here is MyWash's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online laundry and dry-cleaning services | $1.43M | 39/100 | ||
2nd | PickMyLaundry 2015, Gurugram (India), Seed | Online on-demand laundry service | $300K | 37/100 | |
3rd | Mobile based platform for on demand laundry services. | $3M | 34/100 | ||
4th | CleanCraft 2018, Delhi (India), Unfunded | Provider of laundry and dry cleaning services | - | - | 32/100 |
5th | Aggregator for offline Laundry service businesses | - | - | 30/100 | |
6th | Dhobilocker 2017, Bengaluru (India), Deadpooled | Digital locker based laundry services provider | - | - | 30/100 |
7th | Online platform for financial planning and management | - | - | 29/100 | |
8th | Provider of laundry and dry-cleaning services with pickup and delivery | - | - | 29/100 | |
9th | The Laundry House 2016, Vadodara (India), Unfunded | Provider of an online laundry service | - | - | 28/100 |
10th | Provider of laundry and dry cleaning services | - | - | 23/100 |
Looking for more details on MyWash's competitors? Click here to see the top ones
MyWash's Investments and acquisitions
MyWash has made no investments or acquisitions yet.
Reports related to MyWash
Here is the latest report on MyWash's sector:
News related to MyWash
•
An open letter to laundry entrepreneurs and investors from a fellow founderYourStory•Sep 21, 2016•Wassup Laundry, DoorMint, , MyWash
•
•
India’s Housejoy Makes First Acquisition Following $23M Round Led By AmazonTechCrunch+•Feb 03, 2016•Amazon, MyWash, HouseJoy, RTP Global and 5 others
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