Aesthetic Dermatology Startup 'Assure Clinics' gains Rs. 15 crore in Seed round
Assure Clinics, an innovative healthcare provider revolutionizing the dermatological and hair restoration landscape, has raised Rs. 15 crore in a seed round from India’s leading integrated incubator Venture Catalysts, Sathish Subbiah, Founding Partner of Fiducia Capital LTD, DIFC, Dubai, and Indresh Shah of Honor's Group UAE.
Founded by Dr. Abhishek Pramod Pilani and Dr. Priyanka Pilani, Assure Clinics has established itself as a frontrunner in providing innovative dermatological and hair restoration services through its network of 15 centers across India and Dubai.
The company offers a comprehensive range of services, including advanced hair transplantation techniques, skin treatments, and specialized hair and skincare products, serving a growing patient base with a team of over 250 employees.
The company's comprehensive service offerings include advanced hair transplantation techniques such as Follicular Unit Extraction (FUE) and Direct Hair Implantation (DHI), alongside innovative treatments like Platelet-Rich Plasma (PRP) therapy and mesotherapy. Their skin treatment portfolio encompasses acne treatment, anti-aging solutions, laser treatments, and various other specialized procedures.
Assure Clinics is positioned in a rapidly expanding market with significant growth potential. The hair transplant market in India, estimated at USD 180 million in 2022, is projected to reach USD 560 million by 2032, growing at a CAGR of 12%. The global haircare market is expected to reach USD 211.1 billion by 2032, with a CAGR of 10.4%, while the skincare market is anticipated to grow at a CAGR of 6.68% during the same period. Moreover, India's medical tourism industry is expected to reach USD 35 billion by 2027, driven by cost-effective treatments and state-of-the-art facilities.
Dr Apoorva Ranjan Sharma, Co-Founder and Managing Director, Venture Catalysts, said, “Assure Clinics represents the convergence of healthcare excellence and market opportunity in India's growing aesthetics sector. The company's impressive track record of serving patients across 15 centers, combined with their innovative treatment approaches and strong leadership team, positions them perfectly for rapid scaling. With India's hair transplant market alone projected to reach USD 560 million by 2032, we see immense potential in Dr. Pilani's vision of creating a global network of premium dermatological care centers. This investment aligns with our strategy of backing companies that are transforming traditional sectors through innovation and excellence.”
Dr. Abhishek Pilani, Founder of Assure Clinics, said, “At Assure Clinics, we view this fundraising journey as a vital step toward amplifying our mission to transform lives through exceptional hair and skin care. With the support of our investors, we are poised to enhance our innovative services, expand our reach, and invest in cutting-edge technologies that will redefine patient care. Together, we are committed to fostering an environment of trust, excellence, and compassion, ensuring that every individual receives the confidence-boosting treatments they deserve. We are grateful to our investors for believing in our vision and joining us in this exciting venture.”
The seed funding will enable Assure Clinics to further expand its presence in key markets, enhance its innovative service offerings, and strengthen its position as a leader in the dermatological and hair restoration industry. The company plans to focus on technological advancement and geographical expansion while maintaining its commitment to personalized patient care.
As the demand for high-quality dermatological and hair restoration services continues to grow, driven by increasing disposable income and greater awareness of personal care, Assure Clinics is well-positioned to capitalize on these opportunities while maintaining its focus on patient satisfaction and clinical excellence.
Founded by Dr. Abhishek Pramod Pilani and Dr. Priyanka Pilani, Assure Clinics has established itself as a frontrunner in providing innovative dermatological and hair restoration services through its network of 15 centers across India and Dubai.
The company offers a comprehensive range of services, including advanced hair transplantation techniques, skin treatments, and specialized hair and skincare products, serving a growing patient base with a team of over 250 employees.
The company's comprehensive service offerings include advanced hair transplantation techniques such as Follicular Unit Extraction (FUE) and Direct Hair Implantation (DHI), alongside innovative treatments like Platelet-Rich Plasma (PRP) therapy and mesotherapy. Their skin treatment portfolio encompasses acne treatment, anti-aging solutions, laser treatments, and various other specialized procedures.
Assure Clinics is positioned in a rapidly expanding market with significant growth potential. The hair transplant market in India, estimated at USD 180 million in 2022, is projected to reach USD 560 million by 2032, growing at a CAGR of 12%. The global haircare market is expected to reach USD 211.1 billion by 2032, with a CAGR of 10.4%, while the skincare market is anticipated to grow at a CAGR of 6.68% during the same period. Moreover, India's medical tourism industry is expected to reach USD 35 billion by 2027, driven by cost-effective treatments and state-of-the-art facilities.
Dr Apoorva Ranjan Sharma, Co-Founder and Managing Director, Venture Catalysts, said, “Assure Clinics represents the convergence of healthcare excellence and market opportunity in India's growing aesthetics sector. The company's impressive track record of serving patients across 15 centers, combined with their innovative treatment approaches and strong leadership team, positions them perfectly for rapid scaling. With India's hair transplant market alone projected to reach USD 560 million by 2032, we see immense potential in Dr. Pilani's vision of creating a global network of premium dermatological care centers. This investment aligns with our strategy of backing companies that are transforming traditional sectors through innovation and excellence.”
Dr. Abhishek Pilani, Founder of Assure Clinics, said, “At Assure Clinics, we view this fundraising journey as a vital step toward amplifying our mission to transform lives through exceptional hair and skin care. With the support of our investors, we are poised to enhance our innovative services, expand our reach, and invest in cutting-edge technologies that will redefine patient care. Together, we are committed to fostering an environment of trust, excellence, and compassion, ensuring that every individual receives the confidence-boosting treatments they deserve. We are grateful to our investors for believing in our vision and joining us in this exciting venture.”
The seed funding will enable Assure Clinics to further expand its presence in key markets, enhance its innovative service offerings, and strengthen its position as a leader in the dermatological and hair restoration industry. The company plans to focus on technological advancement and geographical expansion while maintaining its commitment to personalized patient care.
As the demand for high-quality dermatological and hair restoration services continues to grow, driven by increasing disposable income and greater awareness of personal care, Assure Clinics is well-positioned to capitalize on these opportunities while maintaining its focus on patient satisfaction and clinical excellence.
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