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Yesmadam Bags Rs 1.5 cr Funding from Shark Tank India

02/19/24, 7:08 AM

Location

noida

Money raised

₹15 million

Industry

information technology

Round Type

pre-seed

Investors

Ritesh Agarwal, Founder And Group Ceo, Oyo, Peyush Bansal, Co Founder And Ceo, Lenskart, Vineeta Singh, Ceo, Sugar Cosmetics, Aman Gupta, Co Founder And Cmo, Bo At

Yesmadam has successfully secured Rs 1.5 crore in funding from investors featured on Shark Tank India (Season 3), resulting in a 2 percent equity stake and a 1x royalty agreement. The funds will catalyze Yesmadam's ambitious expansion plans, enabling deeper penetration into the retail beauty landscape across India.

Company Info

Company

Yesmadam

Location

noida, uttar pradesh, india

Additional Info

YES MADAM is India's Most Affordable Home Salon and a tech-enabled platform for beauty and wellness that brings salon and spa services to customers' homes. With over 1 million+ customer, 2000+ beauty professionals, and a presence across 35+ cities of India, we strive to be the one-stop-Salon and Spa for a consumer. Starting our journey in 2017, we embarked on a mission to serve & save one billion individuals against overpricing and duplicate product refills across various online & offline beauty platforms. We significantly impacted the beauty and salon industry with our mono-dosages and unique pricing model that starts at Rs. 6 per minute

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Trends

	Raised	Growth The data in the raised column shows reported funding for this location/industry over last 90 days. The data in the growth column indicates the % increase or decrease of the last 90 days vs. the previous 90 days. Please note: one or more large fundings, especially for a location/industry that doesn't historically receive much funding, can have a significant impact on the increase or decrease percentage.
noida	$43.2 M	159.8%
information technology	$11.3 B	12.1%