Quick Clean bags $14 Mn Series B led by Stakeboat to scale laundry infra
The on-premise institutional laundry player, serving hotels like Marriott, Taj and ITC plus hospitals such as AIIMS and Lilavati, raised $14 Mn (Rs 133 crore) in Series B. It runs 140+ facilities across 38+ cities, processes 100,000 kg linen daily, and targets 500 facilities in five years alongside international expansion.
What happened
Quick Clean, an on-premise institutional laundry infrastructure company serving hotels and hospitals like Marriott, Taj and ITC Hotels, raised $14 Mn Series B
Key facts
- $14 Mn Series B
- Rs 133 crore
- 140+ facilities
- 38+ cities
- 100,000 kg linen daily
- 500 facilities target
- Rs 50 crore Series A
Why this matters
A funded consolidator targeting 500 facilities signals sector roll-up momentum—worth watching for tuck-in M&A of regional laundry operators and potential linen-management partnership entry points.
What to watch
- Facility count crossing 200 and 300 milestones vs timeline
- Daily processing volume growth beyond 100,000 kg
- New anchor contract announcements (hotel groups, hospital chains)
- First international facility launch or overseas partnership
- Any acquisition of regional laundry operators
- Signs of margin/unit-economics disclosure or bridge financing needs
- Concentrate new facilities around existing Marriott/Taj/ITC and AIIMS/Lilavati footprints to maximize route density
- Sign multi-property master agreements with hotel chains to lock recurring volume
- Invest in energy/water recovery and automation to defend thin per-kg margins at scale
- Hire regional ops leadership and build a hub-and-spoke logistics model for linen pickup/delivery
- Pilot 1-2 international facilities tied to existing hospitality clients before broad overseas push
Also reported by
- Entrackr — Same time