Housejoy acquires on-demand dry-cleaning & laundry startup MyWash
India’s leading home services provider, Housejoy has extended its dominance in the industry by buying MyWash, an on-demand dry cleaning and laundry company at an undisclosed amount.
Bangalore: India’s leading home services provider, Housejoy has extended its dominance in the industry by buying MyWash, an on-demand dry cleaning and laundry company at an undisclosed amount.
Talking about the acquisition, Saran Chatterjee, CEO at Housejoy said," Laundry is strategic to Housejoy. The MyWash team is a super smart team and has demonstrated the best operational know how to scale laundry. We couldn't be more excited about the possibilities. We now have the possibility to accelerate the growth in laundry beyond the current growth rate.”
Raghu Bharat, Co-Founder at MyWash said, “We see a lot of synergy between MyWash and Housejoy. This is the best opportunity for the team to scale our vision of being the number 1 Laundry player in the country. " The entire MyWash core team will be joining Housejoy and operate from their office. The company is looking to scale to 10, 000 services per day over the next year for the laundry vertical.
The combination of Housejoy's laundry operations with MyWash gives the combined entity unprecedented potential to scale and own the laundry vertical. This makes it the largest player in laundry across India and further cements Housejoy position as the leading Home Services Company in India.