The company plans to add 30 more new locations with the fresh capital and also invest in clinical technology and equipment, strengthen management and operations
Bodycraft Clinic and Salon has secured Rs 120 crore funding from Singularity AMC, a Mumbai-based private equity firm focused on growth-stage and pre-initial public offering (IPO) investments in India. The investment will support the company’s next phase of expansion across India as demand for organised beauty, wellness and aesthetic care services continues to grow.
Bodycraft operates 67 premium wellness and medical aesthetic clinics and salons across the country and plans to add 30 more new locations with the fresh capital. It will also invest in clinical technology and equipment, strengthen management and operations, improve efficiency through artificial intelligence (AI) and enhance customer experience across the network.
“This fundraise marks the beginning of an exciting new chapter for Bodycraft. The capital from Singularity will enable us to accelerate expansion, deepen our clinical and technological capabilities, and continue investing in the talent and infrastructure required to build a category-leading business,” stated Sahil Gupta, Chief Executive Officer (CEO), Bodycraft Clinics and Salons.
Quest Profin Advisors acted as the exclusive investment banker to Bodycraft on the transaction, while ALMT Legal, Advocates & Solicitors served as legal advisors. The company said that industry estimates suggest India’s clinical aesthetic market could grow from around USD 2 billion in 2024 to more than USD 7 billion by 2033, while the broader beauty and personal care market is expected to expand from about USD 27 billion in FY25 to nearly USD 39 billion by FY30.
“We have been very impressed with how the Bodycraft team has thoughtfully built out both the Clinic and Salon businesses over the last few years. The hybrid model of clinics and salons under one roof is differentiated, and Bodycraft has successfully executed it at scale. Singularity’s investment will enable the Bodycraft team to expand their business in more cities across India,” said Sandeep Bapat, Co-Chief Investment Officer, Singularity AMC.
The company pointed out that rising incomes, increasing spending on wellness and personal care and growing demand for specialised treatments continue to support the sector’s growth.
