Company Name : Tooler
Funding Amount : Undisclosed
Investor(s) Raghu Khanna Sameer Gupta. .
Funding Round : Pre-Series A
Delhi-based Tooler, which offers laundry care services has raised an undisclosed amount in Pre Series A round from a group of Angel Investors led by Raghu Khanna, Founder, CASHurDRIVE and Sameer Gupta, Ex-GM Paytm.
Founded in June 2015 by Himanshu Arora, Vishal Gupta and Sukanth Srivastav, Tooler provides curated process of washing clothes. It provides users with informed tracking of professionals with different stages of the process, two sided mobile logistics with location based capabilities and standardized pricing of laundry in kilograms.
Tooler claims to handle 100 orders per day and is growing at almost 2x on weekly basis with close to 80% repeat orders. The company will focus on new marketing and customer experience strategies after the recent raised funds.
The e-laundry startup is planning to come up with front-end outlets in areas of Delhi, Gurgaon and Ghaziabad. Within the next 6 months, the company targets to deliver 10,000 orders in a month and cross GMV over Rs.30-35 lakhs per month.
Currently, the company is focusing on expanding its market reach and after integration with Paytm Wallet, the company will enable Ola Money in the company’s app.