Synopsis
Home salon platform Yes Madam secured Rs 50 crore in its first institutional funding. Info Edge's B8 Fund-I led the investment. The funds will fuel expansion into new cities, strengthen service partner network and enhance technology and customer experience. Founded in 2016 by Mayank Arya, Aditya Arya and Akanksha Vishnoi, Yes Madam has been bootstrapped and profitable till now, according to its press release.Listen to this article in summarized format
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.
“We raised money to create more value and, more importantly, strengthen corporate governance, given our IPO plans, said Aditya Arya, the company’s CEO.
Yes Madam claims professionals on its platform earn an average monthly gross income of Rs 52,000 which comes to a take-home income of around Rs 25,000, with the difference being spent on purchasing equipment and other products used to offer their services.
Professionals are required to make an investment of Rs 30,000 with the platform to begin with, and then pay between 0% to 20% commission on bookings. The startup has more than 12,000 partners across India.
“One of the biggest challenges we face is in hiring partners and training them to deliver services professionally. The supply constraint exists because they need to buy a kit from us,” said Aditya Arya.
Its competitor Dazzl raised $3.2 million in a round led by Stellaris Venture Partners in January, and is targeting another $10-11 million in funding, ET reported on May 20, 2026.
Snabbit, which entered the instant salon-at-home segment just last week, has doubled its valuation to Rs 2,995 crore post-money from its Rs 1,540 crore in October 2025, after raising Rs 529 crore in a funding round co-led by Susquehanna Venture Capital, Unicorn Growth Fund, and Bertelsmann India Investments.
