Yes Madam: Empowering Women, Beautifying Homes
Imagine a world where salon-quality pampering arrives at your doorstep, customized to your desires and delivered by trained professionals. That’s the magic of Yes Madam, India’s leading home salon platform.
Gone are the days of squeezing into busy salon schedules or risking unhygienic practices. Yes Madam brings the convenience and comfort of a personal spa experience directly to your home. Whether you crave a relaxing massage after a long day, a trendy new haircut, or a complete beauty makeover, their extensive menu caters to every whim.
But Yes Madam goes beyond just pampering. They empower women by providing flexible work opportunities to skilled beauticians, many of whom were previously homebound. With transparent earnings and comprehensive training, they’re building a community of empowered entrepreneurs who bring their magic touch to your doorstep.
Join us as we explore the fascinating world of Yes Madam, where self-care meets social impact, and beauty flourishes within the comfort of your own home. Stay tuned to discover their innovative services, inspiring stories, and valuable tips for achieving your personal best, one pampering session at a time.
Ready to say “Yes Madam” to a new level of self-care? Start your journey today!
- About The Company – Yes Madam
- About The Pitcher
- Yes Madam Pitch Details
- Solutions Offered
- Lesser Known Facts About Yes Madam
- FAQ's
- What services does Yes Madam offer?
- How does Yes Madam ensure hygiene and safety during services?
- Can I choose the beauty products used for my service?
- How are Yes Madam professionals vetted?
- How does Yes Madam contribute to the empowerment of women?
- What makes Yes Madam different from other at-home beauty service providers?
- Business Profiles
- Video
About The Company – Yes Madam
Startup / Company Name | Yes Madam |
Industry | Salon Service Industry |
Founder | Aditya Arya, Mayank Arya, Akansha Vishnoi & Arpit Gupta |
Product / Service | Home Salon Service |
Revenue | 32 Crore (22-23) |
About The Pitcher
Number of Presenters | Four presenters |
Name of Presenters | Aditya Arya, Mayank Arya, Akansha Vishnoi & Arpit Gupta |
Pitchers City | Delhi |
Pitchers State | Delhi |
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Yes Madam Pitch Details
Shark Tank Episode | Episode 19 |
Original Ask Amount | ₹ 1.5 Crores for 0.5% equity |
Original Ask Equity | 0.5% Equity |
Original Valuation | 300 Crores |
Offer Received | 1) 1.5 Crores for 2% Equity + 2% Royalty until 1.5 Crores is Recouped. (Aman Gupta, Peyush Bansal, Ritesh Agarwal, and Vineeta Singh) |
Final Deal Amount | 1.5 Crores |
Total Deal Equity | 2% equity with 2% royalty until INR 1.5 crores is recouped. |
Sharks in Deal | Aman Gupta, Peyush Bansal, Ritesh Agarwal, and Vineeta Singh |
Solutions Offered
Yes Madam isn’t just another beauty brand; it’s a revolution in home salon services. They offer a unique blend of convenience, personalization, and social impact, catering to both your beauty needs and your desire to support meaningful initiatives. Here’s a breakdown of the solutions they provide:
- Wide Range of Services: From haircuts and facials to manicures, pedicures, and massages, Yes Madam offers a comprehensive menu to pamper every part of you. They also cater to specific needs with services like bridal makeup and pre-wedding packages.
- Convenience and Flexibility: Skip the salon hassle! Book appointments at your preferred time and date, from the comfort of your own home. Enjoy services tailored to your schedule, not the other way around.
- Transparency and Trust: All service providers are trained and verified, and product usage is transparent. Choose single-use disposables for added hygiene or bring your own preferred products.
- Personalized Experience: Discuss your needs and preferences directly with your service provider. Choose from various product options based on your budget and skin type.
- Affordable Luxury: Enjoy salon-quality services at competitive prices, making self-care accessible to a wider audience.
- Flexible Work Opportunities: Earn a living while working from home, setting your own hours and schedule. This empowers women to achieve financial independence and balance their personal lives.
- Training and Support: Yes Madam provides comprehensive training to equip beauticians with the necessary skills and knowledge. They also offer ongoing support and guidance to help them excel.
- Fair Compensation: Transparent earning structure with competitive commission rates ensures service providers are fairly compensated for their work.
- Community and Recognition: Become part of a supportive community of female entrepreneurs. Yes Madam recognizes and rewards top performers with incentives and accolades.
- Empowering Women: They create opportunities for women to become financially independent and build successful careers.
- Promoting Hygiene and Safety: Single-use disposables and trained professionals ensure a safe and hygienic salon experience at home.
- Building Trust and Transparency: Their commitment to open communication and product information fosters trust with customers and service providers.
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Lesser Known Facts About Yes Madam
- Founded in 2016 by four individuals with diverse backgrounds: Mayank, Aditya, Akanksha, and Arpit.
- Started with a mission to provide safe and hygienic home salon services after founder’s wife experienced issues with traditional salons.
- Grew from a single city to 45 cities across India, serving over 2500 beauticians.
- Boasts a 80% customer repeat rate, showcasing high customer satisfaction.
- Offers a unique “Gold Partner” program, providing additional benefits and higher earnings for top-performing beauticians.
- Has been approached for acquisition by two unnamed strategic players, highlighting the potential of the business.
- The founders presented on Shark Tank India Season 3, seeking Rs. 1.5 crore for 1% equity.
- Impressed the Sharks with their strong numbers: Rs. 50 crore annual revenue, 70000 monthly bookings, and profitability.
- Stood out for their focus on empowering women beauticians and providing transparent pricing.
- Negotiated skillfully, securing a deal with four Sharks for Rs. 1.5 crore with a mix of equity and royalty.
- Their passion, vision, and commitment to social impact resonated with the Sharks and viewers.
- The company name “Yes Madam” is a playful and empowering twist on the traditional “Yes Sir” used in salons, symbolizing their focus on female customers and service providers.
- The founders faced challenges in the early days, including an arm robbery in Africa and product disruptions. However, they persevered and built a successful business.
- They have created their own line of salon products, demonstrating vertical integration and potential for future growth.
- Their focus on regional expansion suggests an understanding of the diverse needs and preferences of the Indian market.
FAQ’s
Business Profiles
Video
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