Acquisition · Healthcare & Life Sciences
makeO acquires Singapore dental firm Zenyum
By Startup Enthusiast ·
- Date
- Company
- makeO
- What it does
- Dental and beauty tech platform
- Kind
- Acquisition
- Based in
- Mumbai
- Founded
- 2018
What they do
MakeO is a dental and beauty technology company based in Mumbai. it signed an agreement to acquire Singapore-based Zenyum for an undisclosed amount. the…
The details
- makeO signed an agreement to acquire Singapore-based Zenyum for an undisclosed amount.
- Zenyum becomes a makeO subsidiary with the group headquarters in Mumbai.
- the transaction is pending customary closing conditions and regulatory approvals.
- makeO cofounder Arpi Mehta remains the group CEO of the combined entity.
- Zenyum cofounder Julian Artopé remains the CEO of the Singapore entity.
- this is makeO's second acquisition in six months following the Apple Dental deal.
- the combined entity will operate across ten countries including India and Japan.
- makeO plans to leverage economies of scale for competitive pricing and faster turnaround.
The bigger picture
- the acquisition accelerates makeO's clinical and product capabilities in the region.
- it marks a significant milestone for Indian dental technology expansion abroad.
- makeO aims to expand financing options through supply-chain efficiencies.
About the business
- makeO initially offered teeth aligners under the brand toothsi.
- it merged brands toothsi and skinnsi under makeO in 2022.
- the platform offers dental, skin, and hair treatments across multiple countries.
- makeO claims a network of over 60 dental centres across India.
- in-house clinical teams support operations to improve treatment outcomes and speed.
- the company recently turned EBITDA positive without specifying a timeline.
- makeO plans to double its dental centres to more than 120 locations.
- it explores selective acquisitions to grow scale and enhance distribution networks.
What happens next
- makeO plans to double its dental centres to more than 120 locations.
- it is exploring selective acquisitions and partnerships with dental chains.
- the company aims to enhance distribution across India and Southeast Asia.
The deal
- Type
- acquisition
Investors
- Eight Roads Ventures (investor) — venture capital firm backing makeO.
- 360 One (investor) — investment firm backing makeO.
- Paramark Ventures (investor) — venture capital firm backing makeO.
- Anushka Sharma (investor) — actor who backs makeO.
- Virat Kohli (investor) — cricketer who backs makeO.
Founders
- Arpi Mehta, cofounder and group CEO
- Shah, cofounder
- Pravin Shetty, cofounder
- Manjul Jain, cofounder
- Anirudh Kal, cofounder
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