Revivo
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Overview
Revivo is a tech-driven, direct-to-consumer laundry and dry-cleaning startup that has revolutionized garment care in India. Founded in 2022 by Khushboo Gupta and Vikas Agarwal, Revivo employs an asset-light business model that leverages advanced technology and local partnerships to deliver efficient and sustainable laundry services. Based in Gurugram, India, Revivo has been rapidly expanding its services to major urban areas, with a strong focus on sustainability and customer convenience.
Recent Developments
- January 2025: Revivo successfully completed a Pre-Seed Series A funding round led by Inflection Point Ventures. The exact amount raised remains undisclosed, but the funds are earmarked for enhancing technology, strategic branding, and workforce expansion, which underscores Revivo’s ambition to capture a $1 billion market share in India's largely unorganized $47.9 billion laundry market.
- 2024 Developments: The startup processed over 5,000 orders monthly and handled 300,000 garments, significantly solidifying its presence in the Gurugram and Delhi regions. Revivo's commitment to eco-friendly practices was enhanced with the introduction of reusable packaging, reducing their environmental footprint.
- 2023 Highlights: Revivo was selected for the Gurukul Accelerator Program, which provided pivotal growth opportunities. The company was also included in Entrepreneur Today’s “35 Under 35” list, which recognizes promising ventures and innovators.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2022 |
| Headquarters | Gurugram, India |
| Founders | Khushboo Gupta, Vikas Agarwal |
| Revenue | Not Disclosed |
| Profits | Not Disclosed |
| Key Investors | Inflection Point Ventures |
| Industry | Laundry and Dry-Cleaning Services |
| Number of Employees | 11 to 50 |
Early History
Revivo began its journey in 2022 with the vision of eliminating the hassles of traditional laundry services by adopting a tech-first approach. The founders, Khushboo Gupta and Vikas Agarwal, both bring robust industry expertise—Gupta in analytics and people management, and Agarwal in marketing and business development. This combination facilitated the launch of a sustainable, efficient laundry service utilizing tech-driven solutions in the Gurugram and Delhi area. Through strategic investments and a clear vision, Revivo quickly filled a niche in a fragmented industry, focusing on customer satisfaction and eco-friendly practices.
Company Profile and Achievements
Revivo has positioned itself as a leading contender in India's laundry service market through its innovative practices:
- Direct-to-Consumer Model: Revivo streamlines operations by directly handling services between customers and processing partners, cutting out middlemen to ensure lower costs and higher efficiency.
- Sustainability Initiatives: The company emphasizes eco-friendly practices, using non-toxic cleaning materials, reusable delivery boxes, and minimal-impact packaging.
- Technological Innovation: Revivo has incorporated advanced technology for operational procedures, customer interface, and logistics management, enabling a quick, reliable service with a unique 6-hour ironing turnaround.
- Industry Recognition: Its participation in esteemed programs like the Gurukul Accelerator attests to Revivo’s strategic growth and industry potential.
- Customer-Centric Approach: By focusing on a high-quality service with competitive pricing, Revivo has succeeded in increasing order volume and customer retention, aiming to capture a significant market share in the coming years.
Current Operations and Market Position
Currently, Revivo operates in the bustling laundry markets of Gurgaon and Delhi. The company leverages a scalable, asset-light model with over 15 trusted processing partners and a dedicated logistics fleet. This framework allows for efficient operations and scalable growth, setting the stage for Revivo to potentially dominate the largely unorganized laundry market in India. The strategic focus on integrating cutting-edge technology, a commitment to eco-conscious practices, and dedicated customer service are driving Revivo’s competitive edge in the market.
Conclusion
Revivo has rapidly emerged as a transformative player in India’s laundry and dry-cleaning industry, with its tech-first, sustainability-driven approach. As it continues to expand and innovate, Revivo is poised to redefine garment care in India, making laundry services more accessible and environmentally friendly. With ambitious plans to increase market share and enhance service efficiency, the company is set on a trajectory towards substantial growth, potentially becoming a key leader in the industry.