Revivo, a tech-first laundry and dry-cleaning startup, has raised an undisclosed amount in a funding round led by Inflection Point Ventures (IPV), a Gurugram-based angel investment firm.
The startup plans to use the raised capital to drive technology enhancements, strategic branding efforts, and talent acquisition to accelerate growth and strengthen market positioning.
What does Revivo do?
Founded by Khushboo Gupta and Vikas Agarwal, Revivo is transforming India’s laundry industry with a Direct-to-Consumer (D2C) model. The startup leverages technology and strategic partnerships to offer transparent, reliable, and sustainable garment care solutions.
With operations across Gurgaon and Delhi, Revivo claims that it processes over 5,000 orders monthly and manages 3 lakh garments every month, all while prioritizing sustainability with eco-friendly packaging and reusable delivery boxes.
Tech-driven and asset-light model
Revivo said that it operates on a technology-driven, asset-light model. “At REVIVO, we are revolutionizing the laundry industry by combining convenience, quality, and eco-conscious practices. As pioneers in introducing quick commerce ironing services to meet daily needs, we’ve set a new benchmark with our 6-hour turnaround time," Khushboo and Vikas said.
India’s laundry and dry-cleaning market, valued at $47.9 billion, remains largely unorganized, with 95% of players operating independently. Revivo aims to capture $1 billion in market share over the next decade.