City
Epaper

Home Salon Startup Yes Madam eyes Rs 500 cr revenue in 3-5 years

By ANI | Updated: January 25, 2023 22:40 IST

As the New Year begins, companies and brands set forth new plans to power their growth over the forthcoming months. Yes Madam, a salon and wellness service offering brand that launched only a few years ago, has made an impressive mark in this industry with its exceptional methods and approach. The company makes it possible for people to avail of such services at home--and after showing tremendous progress over the past few years, they are now aiming to generate Rs. 500 crores in the next 3-5 years.

Open in App

As the New Year begins, companies and brands set forth new plans to power their growth over the forthcoming months. Yes Madam, a salon and wellness service offering brand that launched only a few years ago, has made an impressive mark in this industry with its exceptional methods and approach. The company makes it possible for people to avail of such services at home--and after showing tremendous progress over the past few years, they are now aiming to generate Rs. 500 crores in the next 3-5 years.

Co-founder Mayank Arya explains the brand's vision for the future: "This year we will focus on sustainability, growth, and technical advancement in our Home Salon ecosystem. We plan to double up our growth and revenue by 2023 through expansion into cities like Pune, Kolkata and Chennai as well as hiring more individuals--especially women--to help empower them. In addition, we have identified where we want Yes Madam to be in five years when it comes to having more than 100 offline salons all across India."

2022 was undoubtedly eventful for Yes Madam; they managed to exceed half million bookings while generating Rs 75 crore with 2000+ service professionals being empowered by their work ethic alone! Their growth not only surpasses any other previous year but also serves testament of their success.

Aditya Arya says: "One of Yes Madam's greatest strengths lies in its loyal customer base even though we are bootstrapped so far without having received external investment or spending much on marketing; still we remained profitable from day one which is something remarkable." In anticipation of taking investors aboard soon enough, he added that it has been inspiring how team efforts managed to turn things around despite all odds making him proud being self-reliant yet responsible when innovating better ideas always standing firm regardless circumstances faced along the way.

https://yesmadam.onelink.me/fhoB/PR24Jan23?af_force_deeplink=true

This story has been provided by India PR Distribution.will not be responsible in any way for the content of this article. (ANI/India PR Distribution)

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Mayank aryachennaipuneMumbai puneMadras missionMumbai & pune editionChennai chennai
Open in App

Related Stories

PunePune Crime: 70 Kg Silver Looted From Gurwar Peth Shop, Police Recover Half From Arrested Accused

PunePune Crime: Rickshaw Driver Assaulted, Robbed of Cash and Mobile in Kasarwadi

PuneGautami Patil’s Car Crashes Into Auto-Rickshaw in Pune, 3 Injured; Driver Detained (VIDEO)

PunePune Shocker: Man Seen Slapping, Kicking Woman in Shocking KK Market Assault (Watch Video)

NationalPM Modi Condoles Death of 9 Workers in Arch Collapse at Tamil Nadu Power Plant; Announces Rs 2 Lakh Ex-Gratia

Business Realted Stories

BusinessDairy plays crucial role in rural economy, says Amit Shah at inauguration of Rs 325 crore Sabar plant in Rohtak

BusinessGlobal Tourism Awards 2025: A Spectacular Celebration of Excellence in Tourism

BusinessPLI scheme for textiles: Centre extends last date for new applicants till Dec 31

BusinessRunning for Hope: Pink Power Run 2025 Unites Communities Against Breast Cancer

BusinessSwati Mishra is Miss Fabb India & Ankita Sangle is Mrs Fabb India