PickMyLaundry - About the company
PickMyLaundry is a seed company based in Gurugram (India), founded in 2015 by Samar Sisodia, Gaurav Agrawal, Ankur Jain and Bhupender Beniwal. It operates as an Online on-demand laundry service. PickMyLaundry has raised $300K in funding from GHV Accelerator, with a current valuation of ₹*****. The company has 17 active competitors, including 2 that are funded. Its top competitors include companies like MyWash, DoorMint and Wish2wash.
Company Details
Online on-demand laundry service. It provides washing and dry cleaning services with doorstep pickup and delivery. It allows users to place orders using the mobile application. The application is available for Android and iOS devices in the Google Play Store and Apple Store.
- Website
- pickmylaundry.in
- Social
- Phone Number
- +91 **********
- Registered Address
- C-44A, Freedom Fighter Enclave Comman Con., Neb Sarai, South Delhi, New Delhi, Delhi, India, 110068
Key Metrics
Legal entities associated with PickMyLaundry
PickMyLaundry is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PML SOLUTIONS PRIVATE LIMITED CIN: U74120DL2015PTC280480 , India, Active | May 20, 2015 | $220K (As on Mar 31, 2019) | 3 (As on Aug 31, 2021) |
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PickMyLaundry's funding and investors
PickMyLaundry has raised a total funding of $300K over 2 rounds. Its first funding round was on Aug 25, 2015. Its latest funding round was a Seed round on Oct 31, 2016 for $*****. 6 investors participated in its latest round. PickMyLaundry has 1 institutional investor and 7 angel investors.
Here is the list of recent funding rounds of PickMyLaundry:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 31, 2016 | 5323914 | Seed | 5808048 | 4815101 | 1531614 | 1032186 |
Aug 25, 2015 | 4712493 | Seed | 1204861 | 4671479 | 6065665 |
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PickMyLaundry's founders and board of directors
Founder? Claim ProfileThe founders of PickMyLaundry are Samar Sisodia, Gaurav Agrawal, Ankur Jain and Bhupender Beniwal. Bhupender Beniwal is the CEO of PickMyLaundry.
Here are the details of PickMyLaundry's key team members:
- Samar Sisodia: Former Co-Founder of PickMyLaundry. They serve on the board of 1 company.
- Gaurav Agrawal: Former Co-Founder of PickMyLaundry and founder of 1 other company. They serve on the board of 1 company.Contact Info: 2 phone numbers
- Ankur Jain: Co-Founder & COO of PickMyLaundry. They serve on the board of 1 company.
- Bhupender Beniwal: Co-Founder & CEO of PickMyLaundry and founder of 1 other company. Contact Info: 1 email address
PickMyLaundry's Board of Directors
PickMyLaundry's board has 2 active members. Varun Gupta and Bhupender are independent board members.Here is the list of PickMyLaundry's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
hhqysoj | Team | - | Past | 9y 8m |
cpfcqqy | Team | - | Past | 5y 5m |
tcbskip | Team | - | Past | 4y 3m |
Independent board member | - | Current | 5y 3m | |
hysy{uv | Independent board member | - | Current | 3y 6m |
uwslbxy | Independent board member | - | Past | 3y 9m |
khpg{qx | Independent board member | - | Past | 1y 7m |
View details of PickMyLaundry's Founder profiles and Board Members
PickMyLaundry's employee count trend
PickMyLaundry has 27 employees as of Mar 26. Here is PickMyLaundry's employee count trend over the years:
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PickMyLaundry's Competitors and alternates
Top competitors of PickMyLaundry include MyWash, DoorMint and Wish2wash. Here is the list of Top 10 competitors of PickMyLaundry, 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 | 40/100 | ||
2nd | PickMyLaundry 2015, Gurugram (India), Seed | Online on-demand laundry service | $300K | 37/100 | |
3rd | Mobile based platform for on demand laundry services. | $3M | 31/100 | ||
4th | Aggregator for offline Laundry service businesses | - | - | 31/100 | |
5th | _1566302110429.png?devicePixelRatio=2&height=30&width=30){kind=logo} Dhobilocker 2017, Bengaluru (India), Deadpooled | Digital locker based laundry services provider | - | - | 30/100 |
6th | Provider of laundry and dry-cleaning services with pickup and delivery | - | - | 28/100 | |
7th | _1577782484208.png?devicePixelRatio=2&height=30&width=30){kind=logo} Laundry Spin 2017, Pune (India), Unfunded | Online own fleet laundry service provider | - | - | 24/100 |
8th |  The Laundry House 2016, Vadodara (India), Unfunded | Provider of an online laundry service | - | - | 23/100 |
9th | On-demand laundry services | - | 23/100 | ||
10th | Online platform for financial planning and management | - | - | 23/100 |
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PickMyLaundry's Latest cap tables and shareholding
Founders (largest shareholder) own 70.00%, Funds own 25.00% and Angels own 5.00%. The net worth of PickMyLaundry's founders is INR 9.31Cr as of Dec 09, 2016.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 70.00% | 9.31Cr | 3940683 | 4069024 | 7693740 | 4089254 |
7589586 | 7568840 | 2573256 | 2720333 | 5105224 | 8477110 | |
5303426 | 7103274 | 1485929 | 1771051 | 6361928 | 3959341 | |
8995499 | 5727906 | 7361502 | 2863304 | 2189579 | 3624555 | |
Fund | 25.00% | 3.32Cr | 7684430 | 6818535 | 9936740 | 3491520 |
2321291 | 3190671 | 9851719 | 1226009 | 1407125 | 8795270 | |
Angel | 5.00% | 66.5L | 28318 | 74872 | 65944 | 49200 |
7 | 7 | 4 | 5 | 8 | 5 | |
Total | 100.00% | 13.3Cr | 8268481 | 2598924 | 3788968 | 1391049 |
To unlock detailed Cap Table of PickMyLaundry Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of PickMyLaundry's Shareholding
PickMyLaundry's Investments and acquisitions
PickMyLaundry has acquired OneClickWash. PickMyLaundry has not made any investments as of now.News related to PickMyLaundry
•
Women-focused media startup POPxo raises $2.7 mn from GREE Ventures, othersVCCircle•Mar 16, 2017•POPxo, Gree Ventures, Kalaari Capital, IDG Ventures India and 3 others
•
PickMyLaundry acquires OneClickWash in an all-cash dealIndiatimes•Mar 16, 2017•PickMyLaundry, OneClickWash
•
On-demand Laundry Startup Raises $200K in Angel FundingEagleEye Research & Media•Jan 04, 2017•PickMyLaundry
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