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Indian beauty startup Yes Madam raises $5.2m

Yes Madam, a Gurugram-based at-home beauty and wellness platform, has raised 500 million rupees (US$5.22 million) from Info Edge Growth Fund in its first institutional round.

The company had operated as a bootstrapped, profitable business since it was founded in 2016.

Yes Madam said it operates in more than 55 Indian cities.

It plans to use the funding to expand into more cities, invest in technology, expand its service partner network, and improve customer experience while staying profitable.

The startup said revenue rose to 2 billion rupees (US$20.4 million) in fiscal year 2026 from 940 million rupees (US$9.81 million) in fiscal year 2025, and 450 million rupees (US$4.7 million) in fiscal year 2024.

It added that monthly bookings reached nearly 300,000, up from about 70,000 when the company appeared on Shark Tank India in 2024.

Since launch, Yes Madam said it has processed more than 6.5 million bookings.

🔗 Source: YourStory

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