Bodycraft, a leading beauty and wellness platform, has secured a substantial funding round of Rs 120 crore (approximately $12.6 million) led by Singularity AMC, a prominent private equity firm in India. This significant investment marks Bodycraft's first major funding round in nearly a decade, highlighting the company's resurgence and potential for growth. The funding will be strategically allocated to expand Bodycraft's presence across India, invest in cutting-edge clinical technology and equipment, enhance management and operations, leverage AI-driven efficiencies, and elevate the overall customer experience.
Founded in 1997 by Manjul Gupta, Bodycraft operates a robust network of clinics and salons, offering a comprehensive range of beauty, wellness, and medical aesthetic services. The company employs a hybrid model, combining company-owned and operated (COCO) and franchise-owned and operated (FOFO) outlets, showcasing its commitment to accessibility and expansion. With 67 outlets, including 33 clinics and 34 salons, across more than 10 cities, Bodycraft is poised for further growth.
The company's strategic expansion plans involve adding 30 new locations, solidifying its position as a leading player in the Indian beauty and wellness industry. Bodycraft's financial performance is impressive, with a revenue of Rs 98 crore in FY25 and an EBITDA margin of 11-12%. The company projects a revenue growth of Rs 130 crore in FY26, maintaining its strong profitability. This consistent financial success, coupled with its innovative approach, has undoubtedly attracted the attention of investors.
The clinical aesthetics market in India is experiencing rapid growth, with projections indicating a significant expansion from around $2 billion in 2024 to over $7 billion by 2033. This presents a lucrative opportunity for organized players like Bodycraft, which is well-positioned to capitalize on this market trend. The company's leadership, including CEO Sahil Gupta and Medical Director Dr. Mikki Singh, is instrumental in driving Bodycraft's success and innovation in the clinical aesthetics sector.
In conclusion, Bodycraft's recent funding round is a testament to the company's resilience, innovation, and market potential. With strategic investments in technology, operations, and customer experience, Bodycraft is poised for continued growth and success in the dynamic beauty and wellness industry. As the company expands its footprint and enhances its services, it is likely to solidify its position as a leading player, offering exceptional experiences to its customers and driving the industry forward.
