Team StartupCity

• YesMadam is set to raise Rs 20 crore in a profitable funding round without equity dilution.
• The company has crossed Rs 200 crore in annual revenue and Rs 20 crore in PAT.
• It serves over 2 lakh paying customers monthly across 60+ Indian cities.

YesMadam, the on demand beauty and wellness platform, is preparing to raise Rs 20 crore in a funding round this year without giving up any equity. The company, which has grown steadily since its launch in 2016, is already profitable, with a PAT (profit after tax) of Rs 20 crore and annual revenue crossing Rs 200 crore.

Founder and CEO, Mayank Arya, shared the news in a LinkedIn post, reflecting on the company’s journey from a small, bootstrapped startup to a trusted national brand. Arya emphasized that this upcoming funding round is not just about capital, but about celebrating customer trust and the brand’s sustainable growth path.

YesMadam provides a wide range of beauty and grooming services at home, including waxing, facials, makeup, spa treatments, manicures, pedicures, and male grooming. With over 2 lakh monthly paying customers, the platform has built a loyal user base that continues to grow.

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The company currently operates in over 60 cities, including major hubs like Delhi NCR, Mumbai, Bengaluru, Hyderabad, Pune, and Chandigarh. It plans to expand its services to more than 100 Indian cities within the next three years.

With its unique mix of profitability, customer trust, and smart growth, YesMadam is positioning itself as a leading player in the beauty tech and home service space, offering convenience, quality, and transparency to users across the country.