Laundry & Drycleaning service sector is fragmented with about million establishments, 98% of which are micro-sized laundries with fewer than 10 workers. The organised segment comprises a mere 2-3% of the entire laundry market in India.
The Indian Laundry Industry is estimated at USD 76 Billion with an expected growth rate of about 30% YOY.
India is witnessing the influx of many startup in this sector in form of aggregators thru mobile apps.
Few start up are quitting laundry services, points to the fact that challenges of Pricing, logistics, manpower, process, pick up & delivery timings, quality consistency & customer satisfaction
Vashkleen Laundry Services Private Limited-- The largest corporate laundry service provider for premium Hospital under the brand name of Mediklenz & Hotel industry along with catering to Individual House Holds/boutiques under the brand name of Glofab in Bangalore.
Vashkleen has successfully implemented linen rental service – First of its kind in India to a premium Japanese Hospital in Bangalore.
Vashkleen has developed a sustainable recession proof operation model required by the laundry industry at large which is benefitting both the Service provider & the end user which can be replicated across India.
Serving more than 35 Premium Hospitals (Mediklenz Brand), Hotels (Vashkleen Brand) & house holds (Glofab Brand) with employee base of 220. Business growth being 30% YOY since inception; Market valuation of about Rs. 128 Cr; Strong core team with about 14 Years experience in Laundry industry.