With this funding round, the start-up that aims to organise the daily car wash segment will be able to service 20,000 cars daily
With a consistent focus on bolstering businesses that actually address consumer needs, Venture Catalysts has now invested Rs 3.5 crore in CleanseCar through an angel funding round. The start-up aims to organise and streamline the daily car wash industry, alleviating the woes of the many car owners in apartments and gated communities. Prominent Investors from Venture Catalysts network including Omphalos Venture India LLP, Rishabh Mahimtura, Anil Patel, Vishal Brambhatt and others participated in the round. The USPs of CleanseCar are the affordability and reliability of its services which will make it a game-changer in the $3 billion market in India.
CleanseCar offers daily car wash to consumers at pocket-friendly rates and with the assurance of undisrupted services on a daily basis. It charges INR 499 for hatchbacks, INR 599 for sedans and INR 749 for SUVs per month. A mobile-app based service, CleanseCar also offers a waterless wash which makes the daily cleansing of one’s car an eco-friendly process. Manned by a team of trained professionals, the service procedures are highly standardized to deliver the same unmatched quality every time. It also offers a range of affordable service packages to suit every customer’s preferences and priorities.
The company has been founded by Kalyandhar, who has 14 years of experience in the Software industry having worked with top names such as TCS, Accenture and Thomson Reuters etc. and Pratibha Shalini who has 12 years of Accounting Software experience. She was formerly employed with Oracle.
Speaking on the investment, Dr. Apoorv Ranjan Sharma, Co-founder & President – Venture Catalysts, said, “Daily car wash is one of the basic requirements of consumers in urban areas and the service isn’t always easy, affordable or reliable to access. CleanseCar is disrupting this high-potential segment by introducing standardization and the use of technology to it. The team at the helm of CleanseCar has a clear vision of enhancing the daily convenience of customers. We are pleased to partner with the company at this junction of its growth journey and are certain that it will capture a larger market through this round of capital infusion.”
Kalyandhar Vinukonda, Founder & CEO,CleanseCar said, “With the initial seed round, we grew 100X and from 200 cars, we were able to start servicing 2000+ cars. Thanks to the confidence and support that VCats has displayed in our business model, we are looking to further amplify this growth. We are certain that with this round of funding and the key strategic guidance and mentorship of VCats, we will be able to start servicing over 20,000 cars daily.”
CleanseCar is currently operational in Bangalore and Chennai with its mobile application-based services. Going further, it aims to roll out its services in other cities of South India. Apart from the daily car wash service, CleanseCar also offers other automotive care solutions such as interior vacuum cleaning, dashboard and console cleaning and shine, interior detailing and rim dressing.
Source: BW Disrupt
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