Funding · Professional & Local Services
Yes Madam raises ₹50 Cr in Series A funding from Info Edge Ventures
By Startup Enthusiast ·
- Date
- Company
- Yes Madam
- What it does
- at-home salon and spa services
- Kind
- Funding
- Amount
- ₹50 Cr
- Stage
- Series A
- Based in
- Noida
- Founded
- 2016
What they do
Yes Madam provides at-home salon and spa services for both men and women, with waxing and facials as key services
What happened
The startup raised ₹50 Cr in its first institutional funding round from Info Edge Ventures, which will be used to expand into new cities and improve…
Why it matters
Yes Madam claims to have reported revenue of ₹195 Cr in FY26, up 107% from ₹94 Cr in FY25, and is profitable
The details
- Yes Madam, an at-home salon and spa services startup, raised ₹50 Cr (about $5.2 Mn) in its first institutional funding round from Info Edge Ventures.
- The investment will be used to expand into new cities, strengthen its partner network, invest in technology, and improve customer experience.
- Founded in 2016 by Mayank Arya, Aditya Arya, and Akanksha Vishnoi, Yes Madam operates through a network of over 12,000 partner providers.
- The startup provides services such as waxing, facials, and massages through its app or website, and uses single-use, hygienic products for each service.
- Yes Madam claims to handle over 3 lakh bookings every month and operates in 55+ cities across India.
The bigger picture
- The startup is bootstrapped and claims to be profitable, with revenue of ₹195 Cr in FY26, up 107% from ₹94 Cr in FY25.
- Yes Madam faces competition from companies like Urban Company, GetLook, and Snabbit, which have also entered the at-home beauty services space.
- The company plans to expand into the GCC and Southeast Asian markets in the future.
About the business
- Yes Madam provides at-home salon and spa services for both men and women, including waxing, facials, and massages.
- The startup operates through a network of over 12,000 trained professionals who deliver services at customers' homes.
- Yes Madam uses single-use, hygienic products for each service to ensure cleanliness and transparency in pricing.
- The company separates service and product costs for customers, offering flexibility in product choice.
- Yes Madam earns income through service commissions, product sales, and training fees for its service providers.
What happens next
- Yes Madam plans to expand into the GCC and Southeast Asian markets.
- The startup aims to strengthen its partner network and invest in technology.
- It will continue to focus on profitability and operational efficiency.
The deal
- Type
- funding
Investors
- Info Edge Ventures (lead) — The investment arm of Sanjeev Bikhchandani-led Info Edge.
Founders
- Mayank Arya, Co-Founder
- Aditya Arya, Co-Founder and CEO
- Akanksha Vishnoi, Co-Founder
About Yes Madam
- Product
- At-home salon and spa services including waxing, facials, hair care and aesthetic treatments using hygienic single-use products
- Customers
- Busy professionals and consumers seeking convenient at-home beauty and wellness services
- How it makes money
- Marketplace connecting 12,000+ trained service professionals with customers through low commission model enabling partner earnings
- What sets it apart
- Bringing non-invasive aesthetic treatments to homes with trained professionals and instant service options
Other articles talking about it
More on Yes Madam
- Yes Madam raises ₹250 crore for market expansion9 September 2026 · Funding · ₹250 Cr
- Yes Madam adds advanced aesthetic treatments at home3 September 2026 · Launch
- Yes Madam offers 0% commission to partners on Raksha Bandhan28 August 2026 · News
- Yes Madam launches instant beauty services8 July 2026 · Launch
- Yes Madam partners with Prega News for Mother's Day campaign5 May 2026 · Launch
- Yes Madam posts Rs 1.8 crore profit in FY259 March 2026 · Results
- Yes Madam empowers beauty professionals with zero commission24 February 2026 · Analysis
- Yes Madam casts Rajpal Yadav in ad film12 February 2026 · Partnership
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