Chinese on-demand laundry service Edaixi has announced the completion of their B Plus round of funding led by Chinese detergent manufacturer Libai Group. Libai is joined by Chinese conglomerate Profit Palace Group as well as several other unnamed investors. Edaixi did not specify the size of the funding, only saying that the round is worth hundreds of million RMB.
Edaixi, born out of laundromat franchise Rong Chain Laundry, is one of the top on-demand laundry pickup services in China.
According to the firm, the new funding is earmarked for expanding businesses along the laundry industrial chain and quality management.
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