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Reading: Revivo Raises undisclosed quantity in PreSeed Collection A Spherical Led by Inflection Level Ventures
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StockWaves > Business > Revivo Raises undisclosed quantity in PreSeed Collection A Spherical Led by Inflection Level Ventures
Business

Revivo Raises undisclosed quantity in PreSeed Collection A Spherical Led by Inflection Level Ventures

StockWaves By StockWaves Last updated: January 10, 2025 6 Min Read
Revivo Raises undisclosed quantity in PreSeed Collection A Spherical Led by Inflection Level Ventures
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Contents
About RevivoAbout Inflection Level Ventures and Physis Capital
  • Revivo is revolutionizing India’s $47.9 billion laundry and dry-cleaning trade by way of a tech-first, asset-light D2C mannequin, making certain comfort, transparency, and sustainable practices.
  • The funds might be utilized for know-how upgrades, branding, and group constructing to drive operational effectivity and scale market attain.
  • Thus far, Inflection Level Ventures (IPV) has invested over INR 800 Cr throughout 210+ startups.

Gurugram, ninth January 2025 – Revivo, tech-first laundry and dry-cleaning startup has efficiently raised undisclosed quantity in a PreSeed Collection A Spherical led by Inflection Level Ventures (IPV). The funds will drive know-how enhancements, strategic branding efforts, and expertise acquisition to speed up development and strengthen market positioning.

Revivo is disrupting the fragmented laundry trade with its D2C mannequin, leveraging superior know-how and strategic partnerships with native service suppliers. With operations throughout Gurgaon and Delhi, Revivo processes over 5,000 orders month-to-month and manages 3 lakh clothes each month, all whereas prioritizing sustainability with eco-friendly packaging and reusable supply containers.

REVIVO is co-founded by Khushboo Gupta, an FMS alumna with experience in analysis, analytics, and folks administration, and Vikas Agarwal, an IIT-IIM graduate with over a decade of expertise in advertising and enterprise improvement. Their mixed imaginative and prescient drives REVIVO’s strategic development and operational excellence.

Mitesh Shah, Co-Founder, Inflection Level Ventures, says: “Laundry and dry-cleaning trade has at all times been an essential a part of city tradition. Households are busy caring for youngsters, elders, companions, and demanding careers; this usually leaves restricted time for family chores.

Recognising this, Revivo assists a whole lot of urbanites handle their laundry, dry cleansing, premium laundry, ironing, carpet and fabric cleansing, and so on, proper from pick-up to supply at a extremely aggressive worth. We imagine this concept has loads of potential for rising India the place folks wish to prioritise productiveness greater than ever.”

Revivo stands out with its technology-driven, asset-light, and extremely scalable enterprise mannequin. Supported by 15+ trusted processing companions and a devoted logistics fleet, Revivo ensures seamless and dependable garment care companies.

Khushboo & Vikas, Co-Founders, Revivo, say: “At REVIVO, we’re revolutionizing the laundry trade by combining comfort, high quality, and eco-conscious practices. As pioneers in introducing fast commerce ironing companies to fulfill day by day wants, we’ve set a brand new benchmark with our 6-hour turnaround time.

Leveraging unorganized gamers whereas making certain constant high quality and well timed supply, we’re dedicated to simplifying on a regular basis chores with trusted, progressive options. REVIVO is not only a service—it’s a promise to make life simpler, one completely laundered piece at a time.”

The startup has achieved important milestones, together with being chosen for the distinguished Gurukul Accelerator Program, introducing an progressive 6-hour ironing service, and incomes recognition in Entrepreneur As we speak’s 35 Beneath 35 checklist.

India’s laundry and dry-cleaning market, valued at $47.9 billion, stays largely unorganized, with 95% of gamers working independently. Revivo goals to seize $1 billion in market share over the following decade.

About Revivo

Based by Khushboo and Vikas, Revivo is remodeling India’s laundry trade with a Direct-to-Shopper (D2C) mannequin. The startup leverages know-how and strategic partnerships to supply clear, dependable, and sustainable garment care options.

About Inflection Level Ventures and Physis Capital

Inflection Level Ventures (IPV) is an angel investing platform with over 23,500+ CXOs, HNIs, and Professionals to collectively spend money on startups. The agency helps new-age entrepreneurs by offering them with financial & experiential capital and connecting them with a various group of traders.

IPV has launched a $50 Mn CAT 2 VC fund, Physis Capital, to spend money on Pre-Collection A to Collection B growth-stage start-ups. The fund has already deployed capital in two startups to this point, with just a few offers in superior phases of pipeline.

Disclaimer:- This story has not been edited by SugerMint workers and supplied by the company. SugerMint is not going to be accountable in any manner for the content material of this story.



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