IIT-IIM Founder Led Laundry Startup Revivo Raises Undisclosed Amount in Funding Led by Inflection Point Ventures

Tech-first laundry and dry-cleaning startup, Revivo has successfully raised an undisclosed amount in a PreSeed Series A Round led by Inflection Point Ventures (IPV). Reportedly, the funds will be utilised for technology upgrades, branding, and team building to drive operational efficiency and scale market reach. Notably, Inflection Point Ventures (IPV) has invested over INR 800 Cr across 210+ startups.

About Revivo

Co-founded by Khushboo Gupta and Vikas Agarwal, Revivo is transforming India’s $47.9 billion laundry and dry-cleaning industry through a tech-first, asset-light D2C model, ensuring convenience, transparency, and sustainable practices. 

Khushboo Gupta is an FMS alumna with expertise in research, analytics, and people management while Vikas Agarwal is an IIT-IIM graduate with over a decade of experience in marketing and business development. 

Their combined vision is taking the startup to a new high disrupting the fragmented laundry industry with its D2C model capitalising on advanced technology and strategic partnerships with local service providers.

With operations across Gurgaon and Delhi, the dry-cleaning startup 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.

Accolades and recognitions

Revivo has been selected for the prestigious Gurukul Accelerator Program, introducing an innovative 6-hour ironing service and the founders have been included in Entrepreneur Today’s 35 Under 35 list.

In a joint statement, the cofounders Khushboo & Vikas shared, “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. Leveraging unorganised players while ensuring consistent quality and timely delivery, we are committed to simplifying everyday chores with trusted, innovative solutions. REVIVO is not just a service—it’s a promise to make life easier, one perfectly laundered piece at a time,” they further said.

India’s laundry and dry-cleaning market, valued at $47.9 billion, remains largely unorganised, with 95% of players operating independently. Revivo aims to capture $1 billion in market share over the next decade.

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