In this blog about Yes Madam Company Profile, we will delve into the remarkable financial journey of Yes Madam, a new Indian startup that has quickly made a name for itself. Our main focus will be to provide detailed information about the company’s financials and give you insights into the company, including information like:
- About the company Yes Madam
- Details about the owner of Yes Madam Company
- Total Net Worth of Yes Madam Company
- Funding raised by Yes Madam till date
- About Investors who has put there trust and money in Yes Madam Company.
- Revenue of Yes Madam company till data
- Turnover of the company
- Total Valuation of the company and many more
Before diving into the financial details, let’s first get to know Yes Madam Company and the visionary founders behind this innovative company.
About Yes Madam Company|In Yes Madam Company Profile:
Table of Contents
- 1 About Yes Madam Company|In Yes Madam Company Profile:
- 2 Which Legal Entities Is Yes Madam Associated With?
- 3 Yes Madam Owner:
- 4 Yes Madam Net Worth:
- 5 Yes Madam Investors:
- 6 List of Investors who invested in Yes Madam company:
- 7 Yes Madam Funding:
- 8 Yes Madam Revenue:
- 9 Yes Madam Competitors:
- 10 Yes Madam Valuation:
- 11 Yes Madam Turnover:
- 12 Yes Madam Shark Tank India Overview:
- 13 FAQ question:
Yes Madam is a company that was founded in 2016 with the aim of providing beauty services in the comfort of your home. In addition to this, it also offers salon and spa treatments, with the brand primarily designed to cater to female consumers.
What Is Yes Madam?
Yes Madam is a company founded in 2016 that provides professional beauty services right at your doorstep. Specializing in salon and spa treatments, it focuses on offering women convenience and luxury from the comfort of their homes.
Whether it’s skincare or relaxation, Yes Madam is dedicated to delivering high-quality, personalized services, making beauty care both accessible and stress-free.
In the next segment of the “Yes Madam Company Profile,” let’s delve into the legal entity associated with Yes Madam Company. Understanding the legal framework and partnerships can provide insights into the company’s operations and growth strategies.
Which Legal Entities Is Yes Madam Associated With?
Currently, Yes Madam operates under the legal entity “NOTION ONLINE SOLUTIONS PRIVATE LIMITED” which was incorporated on December 12, 2016. As of March 31, 2023, this entity has been generating a revenue of $3.53 million.
Here is the table with the provided information:
| Legal Entity Name | Date of Incorporation |
|---|---|
| NOTION ONLINE SOLUTIONS PRIVATE LIMITED | Dec 12, 2016 |
Now that we’ve covered the Legal entity of Yes Madam, it’s time to move on to the next topic: getting to know the visionary owner/founder behind the creation of this innovative company by delving into the Yes Madam Company Profile.
Yes Madam Owner:
Mayank Arya is the Owner, Co-Founder and driving force behind Yes Madam, a revolutionary service brand that brings beauty, salon, and spa treatments directly to your doorstep. Founded in 2016, the company is dedicated to making luxury self-care more accessible and convenient for everyone.
Before launching Yes Madam, Mayank Arya gained nearly 9 years of corporate experience as a second officer at “Tanker Pacific Management” in Singapore, honing his leadership and operational skills.
If you want more details on the founder education, experience and and other personal info feel free to have a look on the LinkedIn profile of the owner.
Now lets move on to the next topic in Yes Madam company profile where we will be primarily focusing on the net worth of Yes Madam company.
Yes Madam Net Worth:
In a recent update from a news article published on February 26, 2024, at the end of the financial year 2023-2024, Yes Madam‘s net worth is estimated to be around $348 million, which is approximately Rs 2,900 crore.
The company achieved this remarkable net worth in just 8-9 years, a truly impressive feat for a brand that has only been in the market for such a short time. This rapid growth highlights the company’s success and potential in the beauty services industry.
Let’s dive deeper into the “Yes Madam profile” and explore the essential financial aspects crucial for its growth. In this section, we will primarily focus on the investors who have played a significant role in driving the company’s success.
Yes Madam Investors:
Yes Madam has attracted significant interest from investors Aman Gupta, Vineeta Singh, Peyush Bansal, and Ritesh Agarwal, securing $181,000 (about Rs 1.5 crore) in angel funding for a 2% equity stake. This endorsement underscores strong investor confidence in the company’s potential and growth trajectory.
List of Investors who invested in Yes Madam company:
- Aman Gupta
- Vineeta Singh
- Peyush Bansal
- Ritesh Agarwal
Now that we’ve introduced the key investors driving the growth and funding of the company, let’s move on to the next part of the blog: the total funding that Yes Madam has raised to date by digging deep into the Yes Madam Profile overview.
Yes Madam Funding:
Yes Madam has successfully raised a total of $181,000 (approximately Rs 1.5 crore) through its sole angel round of funding for 2% equity and 2% royalty till they get back the invested amount back.
This round took place on February 16, 2024, and highlights the company’s ability to attract significant investor interest. The funding reflects confidence in the company’s business model and growth prospects, setting a strong foundation for its future development.
| Date of Funding | Funding Amount | Round Name | Investors |
|---|---|---|---|
| Feb 16, 2024 | $181K | Angel | Aman Gupta, Vineeta Singh,Peyush Bansal, and Ritesh Agarwal |
Moving on to the next segment of the “Yes Madam Company Profile”, let’s dive into the revenue generated by the company. Let’s explore how Stage has been performing financially.
Yes Madam Revenue:
According to the latest update on March 31, 2023, Yes Madam reported a total revenue of $ 3.53 Million which is roughly equal to Rs 28.3 Cr for the financial year 2022-2023.
Looking at the current year’s revenue, the company has significantly surpassed its previous year’s figures and is on track to achieve the projected revenue of approximately Rs 100 crore by the end of the financial year 2024-2025.
For easier understanding, I have provided a year-by-year revenue breakdown for each year along with future targets.
- 2022: Yes Madam generated Rs 75 crore in revenue and exceeded half a million bookings.
- 2023: Revenue is projected to double and experience significant growth.
- 2024: The company is projected to reach Rs 100 crore in revenue, with a gross merchandise volume (GMV) of about Rs 200 crore.
- 3–5 Years: Yes Madam aims to achieve Rs 500 crore in revenue.
Now moving on to the next part of the blog where we will be primary talking on the competitors of Yes Madam.
Yes Madam Competitors:
Competitors are key players in determining the market landscape for any new startup. The more intense the competition, the harder it becomes to capture a significant market share, which can put a cap on your company’s growth potential.
Navigating a competitive field can challenge your strategy, but it also pushes you to innovate and stand out.
List of top 3 competitors of Yes Madam:
- MakeO
- Biguine India
- ZapLuk
Now since we have covered the competitors of Yes Madam in Yes Madam company profile lets move on to the next part on company financial that is the valuation of the company that is important in determining the over all status of the company.
Yes Madam Valuation:
After securing Rs 1.5 crore from the sharks on Shark Tank India, Yes Madam boasts an impressive valuation of Rs 75 crore.
In return for their investment, the sharks acquired a 2% equity stake and a 2% royalty until their investment is fully recouped. This deal not only reflects strong investor confidence but also sets the stage for exciting growth ahead.
Now its time to move on to our next topic where we will be primally talking about the total turnover of the company.
Yes Madam Turnover:
As of the latest update on February 26, 2024, the company is steadily achieving a turnover between Rs 40 crore to Rs 43 crore for the financial year 2023-2024. These impressive figures, particularly for a startup, are a testament to the founders’ seasoned expertise in brand-building within this sector.
But if we talk about the current targets of the company then the company is planning to achieve a turnover of Rs 100 Crore by the end of financial year 2024-2025.
Now, let’s wrap up the Yes Madam company profile by delving into the final topic that is set to have a massive impact on the company’s financial health and future growth that is the shark tank update of Yes Madam company complete overview.
Yes Madam Shark Tank India Overview:
Yes Madam Company has made an exciting appearance on Shark Tank Season 3, which began this February 26, 2024. During their pitch, they showcased their app and explain the services that they provide to customers.The details of the pitch is provided below.
Yes Madam Shark Tank Pitch:
The pitch starts with the story behind YesMadam, founded in 2016 by Mayank Arya, Aditya Arya, and Akanksha Vishnoi. When Director Garima Sharma experienced unhygienic home salon services during her pregnancy, it exposed a gap in the market for safe, reliable options.
This led to Yes Madam’s creation, offering hygienic, transparent services at home, with well-trained professionals and standardized practices.
Yes Madam Shark Tank Funding:
Yes Madam has successfully raised a total funding of $181,000 (approximately Rs 1.5 crore) through its sole angel round of funding for 2% equity and 2% royalty till they get back the invested amount back.
Yes Madam Shark Tank Deal:
It was a combined offer from four sharks — Aman Gupta, Vineeta Singh, Peyush Bansal, and Ritesh Agarwal — who collectively invested a total of Rs 1.5 crore.
Now in the last part of the blog we will be primarily talking on the most asked FAQ question related to Yes Madam company profile.
FAQ question:
Who was yes madam shark tank founder?
Mayank Arya is the co-founder and owner of Yes Madam company in shark tank India.
When was Yes Madam founded?
Yes Madam was founded in the year 2016.
What is the annual revenue of Yes Madam?
The Annual revenue of Yes Madam is $3.53 Million which is equal to Rs 26.3 Crore as on Mar 31, 2023.
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