BigBasket co-founder Abhinay Choudhari’s LaundryMate raises $6.25 mn
LaundryMate.in, an online laundry services brand founded by BigBasket co-founder Abhinay Choudhari, has raised $6.25 million in a pre-Series A funding round from Blume Founders Fund and several high net worth individuals and top industry executives. These include Ola co-founder Ankit Bhati, Deepak Goyal, managing partner, BCG, USA, and Charudatta Deshpande, managing director, Cilix Capital. Other investors include Jignesh Bhate, chief executive, Molecular Connections, Karan Singh, co-founder, Trilegal and Sandeep Gupta, managing director, Broad Peak Investment Advisors, Singapore.
The funding would help the Bengaluru-based firm scale up operations. It would help in its mission to roll its services across 30 cities in the next 10 years.