February 26, 2025: In two notable developments in the Indian healthcare sector, Quick Clean, a leading provider of professional linen management solutions, has successfully raised Rs 50 crore ($5.7 million) in its Series A funding round, while MOC Cancer Care, a cancer daycare chain, has secured $18 million in investment. Both companies are set to leverage these funds to expand their operations and enhance healthcare services across India.
Quick Clean‘s funding round was led by Alkemi Growth Capital and Blue Ashva Capital, with an additional Rs 10 crore ($1.15 million) credit line from Venture Debt Cos. The company plans to use the raised capital to extend its reach within the healthcare and hospitality sectors. The funds will be instrumental in strengthening the firm’s position in India’s $36 billion commercial laundry industry, particularly focusing on improving hygiene and infection prevention standards in healthcare facilities.
Founder and CEO, CA Anshul Gupta, emphasized the importance of hygiene and quality in healthcare, stating, “When it comes to a customer or patient, there’s no room for compromise. Linen quality and hygiene must unnegotiably be ensured through researched processes, novel chemistry, and cutting-edge technology.” With over 3,000 installed machines across more than 120 five-star hotels and healthcare institutions, including Taj, Marriot, and AIIMS, the healthcare firm has already processed over 600 million kilograms of linen.
The company aims to reduce hospital-acquired infections by offering hygienic laundry solutions that adhere to the highest safety protocols. Currently operating in 36 cities with a team of over 750 employees, the firm also boasts an ARR of Rs 800 million. The company’s commitment to sustainability is evident, having saved over 210 million liters of water and reduced carbon emissions by 60 million kg.
Quick Clean and MOC Cancer Care Expands Operations
Meanwhile, MOC Cancer Care, a chain of cancer daycare centres, has raised $18 million in funding, led by Elevation Capital. This follows an earlier investment of $10 million from Tata Capital Healthcare Fund in 2023.
Founded in 2018 by Ashish Joshi, Vashishth Maniar, Pritam Kalaskar, and Kshitij Joshi, the Cancer Care provider operates in 24 centres across Maharashtra, Gujarat, and other parts of India. The company plans to use its new funding to expand operations in Delhi NCR, establish a molecular oncology lab, and offer preventive oncology services.
The Cancer Care services provider is committed to delivering personalized cancer care, utilizing advanced technology, clinical research, and evidence-based practices. Chief Operating Officer, Manish Jobanputra, explained the company’s goal, saying, “Making advanced, effective cancer care accessible to everyone is our top priority.” The funding will not only enhance infrastructure but also support large-scale clinical trials and the exploration of new therapies to improve patient outcomes.
The cancer care landscape in India is currently facing significant challenges. With 1.5 million new cancer cases annually and an inadequate healthcare infrastructure, there is a pressing need for more accessible and affordable cancer treatment. Elevation Capital’s investment in the firm reflects the firm’s confidence in the company’s ability to scale its operations and improve cancer care standards across the country.
With these strategic investments, both Quick Clean and MOC Cancer Care are poised to play a significant role in enhancing healthcare services in India, ensuring better patient care, and addressing the evolving demands of the healthcare and hospitality sectors.
