India, May 25 -- At-home salon startup Yes Madam has raised Rs.50 Cr (about $5.2 Mn) in its maiden institutional funding round from Info Edge Growth Fund.

The investment will fuel Yes Madam's next phase of expansion, which includes accelerating presence into new markets across Indian cities. It is also looking at enhancing its technology stack, deepening its partner network, and enhancing customer experience.

Founded in 2016 by Mayank Arya, Aditya Arya, and Akanksha Vishnoi, Yes Madam provides at-home salon and spa services for both male and female customers, with waxing and facials being the key anchor services. It also appeared on TV show Shark Tank India in 2024.

It operates its services through a network of over 12,000 partner prov...