More About Yes Madam
Yes Madam offers more than what a salon offers in the comfort of your home. Users can schedule an appointment through their website or app and get various services including Therapies, Massage, Spa, Led Facial Services, Male Grooming, and Keratin Hair Spa, and more.
Here are some additional insights about Yes Madam:
- 3000+ trained and verified professionals
- Top leading and branded products are used
- Satisfactory pricing for the customers
Founders of Yes Madam
Aditya Arya, Mayank Arya, Akanksha Vishnoi, and Arpit Gupta are the co-founders of Yes Madam, India’s most trusted and transparent home salon.
Yes Madam Shark Tank Pitch and Updates
Aditya, Mayank, Akanksha, and Arpit appeared on Shark Tank India season 3 and shared details about their platform Yes Madam.
The founders started their pitch by sharing the issues faced by people while finding a salon, visiting it, and getting a service from them. The local salons usually have untrained professionals and low-quality products. And, the premium salons cost so much that not everyone can afford them.
To help people with a better alternative, they started Yes Madam, a home salon brand.
As per the founders, all their products are of high quality and come from reputed brands. Also, they allow users to use their products while booking their services. The founders also shared that they are empowering more than 2500 women by providing them with better work opportunities.
After that initial pitch, the founder demanded INR 1.5 Crores for 1.5% equity at a valuation of INR 300 crores.
After that, the Sharks started asking various questions about their business:
- Vineeta Singh asked them about their backgrounds and how they came together to start a business in this industry.
- Peyush Bansal and Vineeta Singh asked them about their equity split to which the founders shared the complete details. Peyush also asked them about their competitor and how they are different from them.
- Radhika Gupta asked the founders about their services and product scope.
- Ritesh Agarwal asked the founders about the major cities that they are focusing on at present and how they are growing.
- Aman Gupta appreciated their numbers and the fact that they are running the company profitably.
After all the discussion, the founders received a combined offer from four of the Sharks. In the end, the founders accepted the offer after some changes in the deal.
| Company Name | Yes Madam |
| Founders | Aditya Arya, Mayank Arya, Akanksha Vishnoi, and Arpit Gupta |
| Headquarters | Noida, Uttar Pradesh |
| Founded Year | 2017 |
| Business | At Home Salon |
| Profitability | Yes |
| Shark Tank Episode | Season 3 – Episode 19 |
| Asked For | INR 1.5 Crores for 0.5% equity |
| Deal | INR 1.5 Crores for 2% equity with 2% royalty until INR 1.5 crores is recouped |
| Sharks Invested | Aman Gupta, Peyush Bansal, Ritesh Agarwal, and Vineeta Singh |
| Valuation Given | INR 75 Crores |
| Website | Click Here |
Yes Madam secured a deal of INR 1.5 Crores for 2% equity with 2% royalty until INR 1.5 crores is recouped from Aman Gupta, Peyush Bansal, Ritesh Agarwal, and Vineeta Singh.
Frequently Asked Questions About Yes Madam
After their appearance on Shark Tank India Season 3, people tried to find more information about Yes Madam. So here are some of the frequently asked questions about them.
1. Who Is The Founder of Yes Madam?
Aditya Arya, Mayank Arya, Akanksha Vishnoi, and Arpit Gupta are the co-founders of Yes Madam, India’s most trusted and transparent home salon.
2. Is Yes Madam From Shark Tank India profitable?
Yes, Yes Madam is a profitable salon brand and they had a positive EBITDA of INR 40 lakhs in October 2023 for a gross merchandise value of INR 9.5 crores.
3. What happened to Yes Madam after the Shark Tank?
Yes Madam was able to secure a deal on Shark Tank India and now they will be focusing on scaling their business to compete with other players in the market.
4. What Is The Valuation of Yes Madam?
Yes Madam was able to secure funding on Shark Tank India at a valuation of INR 75 crores.
