Transforming lives, one home at a time
YesMadam, a profitable home beauty service, used its compelling social impact story and strong financials to secure a deal on Shark Tank India.
YesMadam did not come into the Shark Tank India Season 3 with just a business idea. They came with thousands of tales. Accounts of professionals who earn with pride. Testimonials of clients who have at last found reliable beauty and wellness services at home.
Founder Akanksha was aware that her pitch was people, numbers second. When they started YesMadam, they had already been generating 50 crore in annual revenue, and they had 60,000 customers per month.They were profitable, self-funded, and steadily growing.
There was the Shark Tank effect then The next year after the episode, the number of customers increased to 2 lakh per month as compared to 60,000..
The Sharks observed the power of this model. Peyush Bansal admitted that he started listening with scepticism but was convinced by the exceptional figures.
The EBITDA run rate of the company has increased to 18 crore as compared to 1 crore prior to Shark Tank.
On the stage of Shark Tank and doorsteps of India, the YesMadam story shows that business can grow and make a social impact simultaneously. And this is only the beginning of them.
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