Home salon and wellness platform Yes Madam has raised Rs 50 crore from Sanjeev Bikhchandani-led Info Edge, after being bootstrapped for 10 years, since inception. The fresh capital will be used to expand its presence across more cities, strengthen its partner ecosystem, and invest in technology.
Founded by Mayank and Aditya Arya, and Akanksha Vishnoi, the Noida-based startup processes over 3 lakh bookings every month, operates in more than 55 cities, and has over 12,000 professionals on its platform, per a company statement. Yes Madam competes with Urban Company, Stellaris-backed Dazzl, and Snabbit, which entered the instant salon-at-home segment just last week. NoBroker’s Zivora went live in Bengaluru in January.
