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Pressto to invest Rs.20 crore on expansion

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Dry-cleaning and laundry service chain Pressto plans to reach the 100-store mark in the next 2-3 years. It currently has 12 stores – eight in Mumbai and four in Delhi.

Speaking to IndiaRetailing, Esther Lennaerts, executive chairperson, Pressto, said, “The company would invest around Rs.20 crore to fuel its expansion plans.”

Talking about the USP of Pressto, she said, “We clean in the store itself, ensuring complete hygiene, personalised attention, quality and speed. We can clean the most difficult garment in just two hours.”

In this calendar year, Pressto plans to double the store count to 25 and to expand to cities such as Pune and Bangalore.

–Payal Kapoor

 

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