Skin Health and wellness startup BeYouPlus, formerly MyDermacy has raised USD 3.2Mn in the fund round led IvyCap Ventures. The fund was invested by a clutch of investors including IvyCap. The round included participation of Mandison Captial and Singapore Angel Network as well.

The startup based out of Delhi offers solutions for skin related issues, by closely working with dermatologists. It provides various dermatology treatments at a fixed price which can be availed from recommended skin clinics.

The company which is currently present in Delhi NCR, plans to expand the presence in over 15-20 cities in next 2 years. It also aims to extend the product portfolio in other segments like gynaecology and gastroenterology in the upcoming years. The received amount might also be used to standardize the distribution model of daily care products nad elective medical procedures in India.

Vikram Gupta, Founder & MD, IvyCap Ventures said “How skin care clinics are inclined to give their premises on rent to someone else for managing the treatments. Rather than having to incur high cost for devices, this becomes a revenue stream for them.”

Gupta exclaimed, “To some extent, standardization has to take place at hospital level, while players like Narayana Hrudayalaya and HCG have teamed up with other hospitals to run their heart care and cancer care wards, However, not many players globally have been able to replicate that on the clinics front.”

The company previously raised USD 77.03k from Dalit Singh, Fortis Heatlhcare and the existing investor, in April last year.