Franchise India invests in laundry startup UClean

Gurugram-based UConcepts Solutions LLP, which owns tech-enabled laundry service provider UClean, has raised $1 million (Rs 6.5 crore) from franchise and retail services provider Franchise India Holdings Ltd. US-based angel investor Anubhav Chopra also invested in this round and the startup had also raised an undisclosed amount of seed funding from Franchise India in late 2016.

UClean said it will use the fresh capital funds to launch Mint Clean, an on-demand home cleaning services provider. The target is to have 100 franchises by 2020, according to UClean founder Arunabh Sinha. Sinha, an IIT Bombay graduate, started UClean in 2016.