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On-demand laundry player,Wassup, on Thursday announced its launch of Hyderabad operations following the acquisition of Ezeewash in the city, in a full-equity deal. This is the second acquisition for the laundry service provider. Earlier, it had acquired Chamak. The company is also in the process of negotiating three more acquisitions. Ezeewash has been operating in […]
08 Apr 2016
Investors and industry insiders have been cautioning entrepreneurs about the coming ‘winter’ in investments for some time now. In the last week of October, 23 companies raised $87 million. In the first week of November, the value was less than half ($39.5 million) that of the previous week. This difference can be chalked down to […]
09 Nov 2015
Hybrid laundry platform Wassup has acquired angel funded Chamak for an undisclosed amount in all equity deal (no cash involved in transaction). With this, the acquiree also announced its foray into Mumbai, Pune, Cochin and Delhi. Wassup offers laundry, dryclean, shoes and bag refurbishments in 11 territories. The company claims to have 30 pickup points […]
03 Nov 2015