Clean Fanatics raises $2 million seed funding led by Inflection Point Ventures

Clean Fanatics raises  million seed funding led by Inflection Point Ventures

Clean Fanatics, a premium marketplace specialising in high-quality home services has raised Rs 17 crore ($2 million) in a seed round led by angel investment platform Inflection Point Ventures, according to an official statement.

In the fresh round,  Blume Founders Fund, Let’s Ventures, Trica, TiE Angels, and other prominent angel investors also participated. 

The startup plans to use the money towards team expansion, technology enhancement, and scaling new verticals such as civil construction and home renovation.

“The home related services is a large untapped market with only a handful of companies currently addressing this gap. Given the geography of India and rise in disposable incomes, we believe that this market will continue to grow and platforms that are able to provide best in class services to their consumers and good business to their service partners will be the ultimate winners. Clean Fanatics is setting itself apart by providing on time and highly professional services to its customers and we are excited by how this market is shaping up,” said Mitesh Shah, co-founder, IPV.

Clean Fanatics was founded in 2024. It provides high-quality home services like deep cleaning, professional painting, marble polishing, and comprehensive home renovations.

“What stood out with IPV was the speed, transparency, and the will to go beyond the regular funding diligence,” says Nishant Prasad, co-founder & COO, Clean Fanatics.

IPV is an angel investing platform that supports new-age entrepreneurs by providing them with monetary and experiential capital and connecting them with a diverse group of investors. IPV has launched a $50 million CAT 2 VC fund, Physis Capital, to invest in pre-Series A to Series B growth-stage start-ups. The fund has already deployed capital in six startups so far, with a few deals in advanced stages of the pipeline.

Also Read: ‘No CV, No College’: This AI startup founder’s social media post goes viral, offering Rs 1 crore job

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *