KorinMi Raises ₹3 Crore, Turns Profitable, Expands D2C & Clinics
In the rapidly evolving world of beauty and wellness, startups are constantly striving to innovate and disrupt the market. One such startup that has made significant waves in the Indian skin care industry is KorinMi, India’s first Korean skin clinic. Founded in 2024, KorinMi has been making rapid strides, having successfully raised a pre-seed funding round of ₹3 crore from investors such as Vikas Agarwal, ex-CEO of Kaya UAE, Vivek Kumar of Venture Garage, and others. This milestone marks a significant achievement for the startup, which has already turned profitable within just six months of its inception.
A Unique Blend of Korean Tech and Indian Skin Needs
KorinMi’s innovative approach lies in its fusion of Korean technology and Indian skin needs. The startup’s founders recognized that while Indian skin types are distinct from those in Korea, the country has been a hub for skincare innovation. By combining Korean technology with Indian skin concerns, KorinMi aims to provide customized solutions to Indian consumers.
The startup’s mission is to make high-quality, professional Korean skincare accessible to Indian consumers, who often struggle to find products that cater specifically to their skin types and concerns. KorinMi’s range of products is designed to address Indian skin issues such as hyperpigmentation, acne, and dark spots, among others.
Expanding Clinics and Entering the D2C Space
With its pre-seed funding, KorinMi plans to expand its clinic network to 25 locations across India, in addition to its existing two clinics in Delhi and Gurugram. The startup aims to establish a strong presence in key cities, providing convenient access to its services and products.
In addition to expanding its clinic network, KorinMi is also venturing into the direct-to-consumer (D2C) space. The startup has launched a range of professional Korean skincare products, which will be available online and in-store at its clinics. This move will enable KorinMi to reach a wider audience and provide Indian consumers with a seamless shopping experience.
A Strong Team Behind the Startup
KorinMi’s success can be attributed to its strong team of experts, led by its founders, who have extensive experience in the beauty and wellness industry. The team includes dermatologists, estheticians, and skincare professionals who have a deep understanding of Indian skin types and concerns.
The startup’s founders are passionate about providing exceptional skincare services and products to Indian consumers, and their commitment to quality and customer satisfaction has been instrumental in KorinMi’s rapid growth.
A Promising Future Ahead
KorinMi’s pre-seed funding and rapid expansion plans are indicative of the startup’s potential for growth and success. With its unique blend of Korean tech and Indian skin needs, KorinMi is well-positioned to capture a significant share of the Indian skin care market.
As the startup continues to expand its clinic network and enter new markets, it is likely to disrupt the traditional skincare industry and provide Indian consumers with innovative, effective, and accessible skincare solutions.
News Source:
https://startuptalky.com/news/korinmi-raised-pre-seed-funding-round/
