Bengaluru-based daily car washing startup CleanseCar has raised around ₹3.5 crore ($500,000) in angel funding from investment platform Venture Catalysts.
The angel investors from Venture Catalysts network who participated in the round included Omphalos Venture India, Rishabh Mahimtura, Anil Patel, Vishal Brambhatt and others.
The fresh funding is expected to accelerate the growth, as it looks to expand services to other cities.
CleanseCar was founded by Kalyandar Vinukonda and Pratibha Shalini early this year. It offers quality end-to-end car cleaning services to its customers at their doorsteps at competitive prices. The startup provides environment-friendly waterless car wash available to customers through mobile its mobile app, ensuring flexibility.
The startup offers car and bike wash packages based on different car models, including services like wet and dry cloth wash, external water wash, interior vacuum cleaning, dashboard and console cleaning, and tyre/rim cleaning.
CleanseCar is currently operational in Bengaluru and Chennai, with plans to roll out its services in other cities of South India in the next one year.
Talking about the investment, Apoorv Ranjan Sharma, Co-founder and President, Venture Catalysts said, “Daily car wash is one of the basic requirements of consumers in urban areas and this service is not always easy, affordable or reliable. CleanseCar is disrupting this high-potential segment by introducing standardisation and the use of technology.”
Earlier in September 2018, CleanseCar raised an undisclosed amount of seed funding from angel investor Dhianu Das.
Other players in the car wash segment competing with CleanseCar include Mumbai-based Refreshed Car Care, Gurugram-based Carpathy, and Bengaluru-based Pitstop, among others.
Indian automotive industry is expected to touch ₹16-18 trillion by 2026, according to an IBEF report. With the citizens becoming more environmentally conscious, they are expected to look for more environment-friendly car care solutions, driving the auto servicing industry towards clean solutions.