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Funding · Commerce & Consumer Brands

Yes Madam raises ₹250 crore for market expansion

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Yes Madam logo
Date
Company
Yes Madam
What it does
At-home salon and wellness services
Kind
Funding
Amount
₹250 Cr
Stage
growth
Founded
2016
Sector
Commerce & Consumer Brands

What they do

Yes Madam provides at-home salon and wellness services, focusing on hygiene, transparent pricing, and the use of single-use products for customers

What happened

The company secured ₹250 crore in a growth-stage funding round led by Xponentia Capital Partners and Riverwalk Holdings, with participation from Info Edge…

Why it matters

This capital injection aims to intensify competition in the home-services market, where the company currently operates across 55 cities with 12,000 service…

The details

  • Yes Madam raised ₹250 crore in a new funding round to fuel its expansion.
  • The round was led by Xponentia Capital Partners and Riverwalk Holdings.
  • Existing investor Info Edge Ventures also participated, contributing approximately ₹100 crore to increase its stake.
  • The company reached a post-money valuation of approximately ₹1,900 crore following this investment.
  • The fresh capital will be used to intensify competition within the home-services market.

The bigger picture

  • The company has seen rapid growth, with revenue rising from ₹45 crore in FY24 to ₹195 crore in FY26.
  • It currently reports an annualised revenue run rate of approximately ₹450 crore.
  • Yes Madam has achieved profitability, reporting earnings of ₹1-2 crore.
  • The firm operates in over 55 cities and supports a network of 12,000 service professionals.

About the business

  • Yes Madam offers at-home salon and wellness services like waxing and facials.
  • The platform differentiates itself through lower commissions and hygiene-led service standards.
  • It utilizes single-use or mono-dose products to ensure safety and transparency for clients.
  • The platform currently fulfills over 3.5 lakh bookings per month.
  • It competes with other players in the sector including Urban Company, Snabbit, Pronto, and Dazzl.

What happens next

  • The company plans to use the funds to intensify competition in the home-services market.

The deal

Type
funding

Investors

  • Xponentia Capital Partners (lead) — New investor providing the bulk of the capital.
  • Riverwalk Holdings (lead) — New investor providing the bulk of the capital.
  • Info Edge Ventures (existing) — Existing investor increasing its stake.

Founders

  • Mayank Arya, Co-founder
  • Aditya Arya, 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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