Yes Madam Funding News: Startup Raises ₹50 Cr at ₹750 Cr Valuation

Yes Madam, a startup based in Noida, has successfully raised ₹50 crores (around $5.2 million) in its first round of institutional investment from Info Edge, valuing the company at roughly ₹750 crore.

Based on regulatory documents obtained from the Registrar of Companies, the board of Yes Madam approved the issuance of 264,987 preferred stock (series A) for an aggregate amount of approximately ₹50 crores at a price per share of ₹1,885 which will be used to support future growth.

The investment was made only by Info Edge via its B8 Fund. As a result of this transaction, Info Edge will now own a 6.67% interest in Yes Madam.

Founded in 2016 by founders Mayank Arya, Aditya Arya & Akanksha Vishno, Yes Madam is an at-home service platform for beauty and wellness professionals. Customers can book beauty and personal care services, such as haircuts, facials, waxing, therapeutic spa treatments, and massages via the mobile app or website. Customers pay for services through Yes Madam and receive a receipt from the professional providing the service. In turn, Yes Madam generates revenue from taking a commission from the booking made by customers.

Expansion Plans and Growth Strategy

The funds will allow for:
-expanding operations into new cities
-strengthening the company’s network of partners
-investing in technology infrastructure
-improving your overall customer experience
-and scaling the current level of operation while still being profitable

Currently, Yes Madam is in operation in over 55 cities throughout India and completes upwards of 300,000 bookings each month. The Company has also onboarded over 12,000 professionals across beauty and wellness throughout India to date.

Co-founders maintain majority ownership

After receiving funding, Mayank Arya, Aditya Arya and Akanksha Vishno collectively own 68.61% of the startup.

The company also created a 10% ESOP pool worth approximately Rs 75 crore to attract and retain talent as it continues to grow its business.

Financials

Although Yes Madam has not yet released its FY26 financial statements, the company was estimated to have generated ₹195 crores in revenue for the fiscal year ending March 26, 2026, while remaining with a profit.

The competition in the home services marketplace of India.

As a result of an increasing demand for beauty and wellness services, the market for at-home beauty and wellness services is rapidly expanding in India due to increased urbanisation and convenience-oriented consumer behaviour.

Yes Madam competes with other service providers like Urban Company (a competitor) and GetLook based in Bengaluru, and some more recent entrants such as Snabbit also play in this space.

Because of a growing amount of money invested in hyperlocal service startups and increased investor confidence in these businesses, Yes Madam can continue to build on their competitive strength within the increasing beauty technology and home services industry throughout India.

In FY25, Yes Madam generated operating revenue of ₹93 crores, representing nearly a doubling of the previous year’s operating revenue, and a profit of ₹1.8 crores.

Disclaimer:

This article is intended for informational and news purposes only and should not be considered financial, investment, or business advice. Information is based on publicly available sources at the time of publication. Readers are encouraged to verify details from official announcements before making financial or investment decisions. Company names, trademarks, and logos belong to their respective owners.