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Funding · Professional & Local Services

Yes Madam raises ₹50 Cr in Series A funding from Info Edge Ventures

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Yes Madam logo
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
Sector
Professional & Local Services

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

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

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