Yes Madam
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Yes Madam - overview
Established
2016
Location
Noida, Uttar Pradesh, India
Primary Industry
Consumer Services
About
Founded in 2016 and based in Uttar Pradesh, India, Notion Online Solutions Private Limited, trading under the name Yes Madam, operates as a provider of home salon services such as facial treatments, manicures, and spas. In May 2026, Yes Madam raised INR 500 million in series A funding from InfoEdge Ventures. The company was co-founded by Mayank Arya (CEO), Aditya Arya, and Akanksha Vishnoi. Yes Madam offers a wide variety of services, including female and male grooming, spa treatments, advanced facials, makeup at home, nails, and mehendi services.
Engaged in customized solutions, they also provide services for specific needs like elderly care, post-pregnancy wellness, and pain-relief massages. Their mobile app and online platform facilitate booking and personalized customer experiences as well as customers can avail of their services at their saloon also. Yes Madam generates revenue primarily through commissions on bookings made via its platform for at-home salon and wellness services. Its model also includes service-based pricing and partner-driven earnings where professionals pay a share or commission for platform access, supported by a scalable booking-based transaction model.
The company plans to utilize the May 2026 funding to support expansion, technology upgrades, and strengthen its service network.
Current Investors
InfoEdge Ventures
Primary Industry
Consumer Services
Sub Industries
Beauty & Hygiene, Consumer Services, Fitness & Wellness Facilities
Website
www.yesmadam.com/
Verticals
Cloud Computing, Cloud Computing, Mobile Apps
Company Stage
Series A
Total Amount Raised
Subscriber access only
Yes Madam - financials
| Fiscal Year Ended | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|
| Revenue (USD) | 134,409,869 | 159,234,700 | - | - | - |
| % Revenue Growth (YoY) | - | 18.5% | - | - | - |
| EBITDA (USD) | (1,291,593) | (17,841,260.6) | - | - | - |
| Operating Income (USD) | (2,186,052) | (19,439,881.6) | - | - | - |
| Operating Margin | (1.6%) | (12.2%) | - | - | - |
| % EBITDA Margin | (1.0%) | (11.2%) | - | - | - |
| NET Income (USD) | (2,239,405) | (19,460,751) | - | - | - |
| % Net Margin | (1.7%) | (12.2%) | - | - | - |
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