KorinMi Raises ₹3 Crore, Turns Profitable, Expands D2C & Clinics
In the world of beauty and skincare, innovation and technology are constantly evolving, and KorinMi, India’s first Korean skin clinic, is at the forefront of this revolution. Founded in 2024, KorinMi has made a significant mark in the Indian market by blending Korean technology with Indian skin needs. The clinic has recently received a major boost with a pre-seed funding round of ₹3 crore from esteemed investors, including Vikas Agarwal, ex-CEO of Kaya UAE, and Vivek Kumar from Venture Garage.
This funding has not only propelled KorinMi’s growth but also solidified its position as a profitable business within just six months of its inception. The clinic is now all set to expand its operations, with plans to open 25 more clinics across the country, in addition to its existing two centers.
KorinMi’s success can be attributed to its unique approach of combining Korean skincare technology with Indian skin concerns. The clinic’s team of experts uses a holistic approach to diagnose and treat skin issues, offering customized solutions that cater to individual skin types and needs. This personalized approach has resonated well with Indian consumers, who are increasingly seeking effective and results-driven skincare solutions.
In addition to its clinic-based services, KorinMi is now venturing into the e-commerce space with a direct-to-consumer (D2C) platform. This move is aimed at making professional Korean skincare products accessible to Indian consumers across the country. The D2C platform will offer a curated range of Korean skincare products, which will be sourced from renowned brands and carefully selected to meet Indian skin requirements.
The D2C space is rapidly growing in popularity, and KorinMi’s entry into this market is likely to give it a significant competitive edge. The clinic’s expertise in skin diagnosis and treatment will enable it to offer personalized product recommendations to its customers, making it a one-stop solution for all their skincare needs.
KorinMi’s plans to expand its clinics and D2C platform are a testament to its commitment to revolutionizing the Indian skincare industry. The clinic’s founders are passionate about bringing the best of Korean skincare technology to India, and their vision is to make KorinMi a household name in the country.
The funding received by KorinMi is a significant vote of confidence in the clinic’s business model and growth potential. The investors, including Vikas Agarwal and Vivek Kumar, bring a wealth of experience and expertise to the table, and their support is likely to be instrumental in KorinMi’s future success.
In conclusion, KorinMi’s pre-seed funding round of ₹3 crore is a major milestone in the clinic’s journey towards becoming a leading player in the Indian skincare industry. With its unique blend of Korean technology and Indian skin needs, KorinMi is well-positioned to capitalize on the growing demand for effective and results-driven skincare solutions. The clinic’s plans to expand its clinics and D2C platform are a testament to its commitment to innovation and customer satisfaction, and we can expect to see exciting developments from KorinMi in the months to come.
Source: https://startuptalky.com/news/korinmi-raised-pre-seed-funding-round/
