HomeInsightFUNDING NEWS- Newly Funded Startups 2024 makeO Secures $16 Mn Investment From 360 ONE, Others

[Funding alert] makeO Secures $16 Mn Investment From 360 ONE, Others

In its most recent round of fundraising, MakeO secured $16 million, or Rs 135 crore, with the help of 360 ONE (previously IIFL Wealth) and Ashish Kacholia's investment office.

In its most recent fundraising round, MakeO secured $16 million, or Rs 135 crore, with the help of 360 ONE (previously IIFL Wealth) and Ashish Kacholia’s investment office.

The round was also joined by current investors, such as Paramark Ventures and Eight Roads Ventures.

Read also – PensionBox Partners with Pocket HRMS to Change Employee Investment

“Our mission is to ensure that clinical-grade makeovers are more accessible, affordable and convenient to every Indian. The capital will enable us to strengthen our online and offline footprint, offering customers the convenience of accessing our services at their doorstep or through our physical experience centres,” said Dr Arpi Mehta, co-founder and chief executive, makeO.

The business will use the funding to grow its knowledge centres around the nation and its geographic reach.

Read also – [Funding alert] Sexual Wellness Startup MyMuse Secures $2.7 Mn in Pre-Series A Funding

In 2022, the business launched ‘MakeO’ to offer skin, smile, and hair enhancements. The brand added Toothsi and Skinnsi as subbrands.

“Their approach is truly unique. The technology platform, coupled with physical and digital expert access at every stage, allows makeO to offer customised dental and derma solutions to its customers,” said Ashish Kacholia.

Read also – [Funding alert] Manufacturing Platform Karkhana.io Secures $6.3 Mn in Series A Round

About makeO

makeO is a digitally-first clinical cosmetic transformation platform that provides dental, skin, and hair treatment options to its clientele. The company was founded in 2018 by Arpi Mehta Shah, Pravin Shetty, Manjul Jain, and Anirudh Kale, and it launched its main clear aligner brand, teethsi.

Read also – [Funding alert] Warehouse Robotics Platform Accio Robotics Raises $1.8 Mn Pre-Series A Funding

Viestories

RELATED ARTICLES
- Advertisment -

Most Popular

- Advertisment -

Also Read

- Advertisment -