The Quick Clean Series B round is official: the Gurugram-based institutional laundry infrastructure company has raised $14 million (approximately ₹133 crore) in a Series B funding round led by Stakeboat Capital, as publicly reported on 2026-07-16. Existing investors Alkemi Growth Capital and Blue Ashva Capital also participated in the round. The deal marks a significant step forward for a company that has pioneered the build-own-operate (BOO) model for on-premise laundry in India’s hospitality and healthcare sectors.
Quick Highlights
- Founders: Anshul Gupta and Ankur Gupta (brothers), who founded the company in 2010
- Lead Investor: Stakeboat Capital
- Participating Investors: Alkemi Growth Capital, Blue Ashva Capital (both existing investors)
- Investor Background: Stakeboat Capital cited Quick Clean’s differentiated operating model and growing demand for technology-enabled laundry infrastructure in India’s expanding hospitality and healthcare sectors as key reasons for backing the company
- Headquarters: Gurugram, Haryana, India
- Announcement Date: 16 July 2026
Funding Breakdown
Use of Funds
Quick Clean plans to deploy the fresh capital to accelerate its expansion across India — including Tier II and Tier III cities — and to strengthen investments in AI-led laundry operations, automation, predictive maintenance, and sustainability technologies, as publicly reported. The company also aims to create additional employment opportunities and help institutional clients improve operational efficiency while reducing water consumption, energy usage, and carbon emissions.
Funding Timeline
Quick Clean previously raised ₹50 crore (approximately $5.7 million) in a Series A funding round co-led by Alkemi Growth Capital and Blue Ashva Capital, as publicly reported. The current Series B of $14 million represents a significant step up in institutional backing for the company.
Expansion Plans
Over the next five years, Quick Clean aims to grow its network from more than 140 on-premise laundry facilities to over 500 units across the hospitality and healthcare sectors, as publicly reported. Beyond India, the company plans to extend its build-own-operate model into international markets in Southeast Asia and the Middle East. Quick Clean currently processes more than 100,000 kilograms of linen daily across more than 38 cities and employs more than 1,500 people, serving clients that include Marriott, Taj, Hyatt, Radisson, ITC Hotels, AIIMS, Lilavati Hospital, and Bombay Hospital.
Significance
This Quick Clean Series B underscores rising investor confidence in asset-light, technology-enabled managed services that help hotels and hospitals modernise large, labour-intensive back-end operations. India’s laundry services market is projected to reach $44.67 billion by 2030, growing at a CAGR of 4.87%, as publicly reported, making the timing of this raise strategically sound. For Quick Clean specifically, the round provides the capital base to pursue its stated ambition of becoming the world’s largest on-premise laundry infrastructure company — a goal that now has concrete international market targets attached to it. The continued backing of Alkemi Growth Capital and Blue Ashva Capital alongside a new lead investor also signals strong conviction in the company’s execution track record.
These details have been verified against multiple publicly available reports as of 2026-07-16.
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Disclaimer: This report is compiled from publicly available sources and is for informational purposes only; funding figures are as publicly reported and may be subject to change.
