Yes Madam raises Rs 50 crore in funding from Info Edge Growth Fund

Yes Madam, a home salon and wellness service platform, has successfully raised ₹50 crore in its inaugural institutional funding round, backed by Info Edge Growth Fund. This significant investment marks a new chapter for the company, which aims to expand its services, enhance its partner ecosystem, and invest in technology to elevate customer experiences. Founded in 2016 by Aditya Arya, Mayank Arya, and Akanksha Vishnoi, Yes Madam has operated profitably without external funding until now. The company has ambitious plans to utilize this new capital for rapid city expansion, increased technology investments, and improved customer service, all while maintaining operational efficiency. Currently active in over 55 cities and collaborating with more than 12,000 women service professionals, Yes Madam has reported impressive growth figures. The company has achieved a remarkable 100% year-on-year growth for three consecutive years and saw its revenue soar from ₹45 crore in FY24 to ₹195 crore in FY26. Monthly bookings have surged to nearly 300,000, a significant rise from around 70,000 bookings when the company featured on Shark Tank India in 2024. The growth is attributed to strong customer retention and word-of-mouth referrals. Aditya Arya, co-founder and CEO, emphasized the company's commitment to building a sustainable business model and empowering women. He stated, "This investment allows us to accelerate our vision and gives back to our partners by providing free education for their children, helping to break the cycle of gig economy challenges for many families." Co-founder Mayank Arya shared his vision of creating a reliable platform for high-quality beauty and wellness services at home while addressing industry issues. He noted that this funding will fortify their foundation and introduce innovative practices to disrupt the industry further. For Info Edge Growth Fund, this investment highlights the increasing investor interest in organized at-home service platforms that are scaling efficiently while remaining profitable. Partner Amit Behl remarked, "It's uncommon to find such capital efficiency in a consumer tech firm, which underscores the strength of Yes Madam’s value proposition and its real customer dependency." Rishabh Katiyar, another partner at the fund, commended the company’s focus on beauty and wellness, noting its role as a reliable source of income for many service partners while driving operational innovation and enhancing customer satisfaction.