Grooming & Wellness Platform Raising Funds In Ahmedabad
About Business
The company provides a one-stop destination for all things beauty and relaxation, offering more than just an online booking platform. It is revolutionizing the grooming and wellness industry with tech-driven solutions that make beauty and wellness services accessible and affordable. The platform addresses key market gaps by connecting customers with trusted salons and professionals, offering a seamless experience. After three years of research and insights, the company has gained strong early traction and received positive feedback, proving the platform’s value and scalability. With the increasing demand for digital solutions, It's is well-positioned to transform the industry.
Clientele type
It consists of Salon, Spa, and Salon academy owners within the grooming and wellness industry.
Premises
The premises are leased.
Asking Price Includes
The deal will include CCPS (Compulsory Convertible Preference Shares) and equity sharing, with the terms decided by both parties. This allows flexibility and opportunities for future growth and cooperation.
Asking Price
INR 1.00 Cr
Minimum ticket size
INR 75.00 L
Reason
The founders are focused on expanding their business and creating a leading digital brand in the grooming and wellness industry.
More Details
The grooming and wellness market, particularly in India, is growing rapidly, driven by younger consumers, social media influence, international trends, and eCommerce. The industry is valued at $25 billion, with a CAGR of 28%. It is positioning itself to capture 3% of the serviceable available market (SAM), estimated at $7.5 billion, leading to a target SOM of around $225 million. The focus is on digital solutions for salons, spas, and salon academies, catering to the increasing demand in urban regions.
Keywords
Business Tags
₹10 to ₹200 Cr
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