KorinMi raises ₹3 crore, turns profitable, expands D2C & clinics
In a major milestone for the Indian skincare industry, KorinMi, India’s first Korean skin clinic, has successfully raised ₹3 crore in pre-seed funding from a group of esteemed investors. The funding round was led by Vikas Agarwal, the former CEO of Kaya UAE, along with Vivek Kumar of Venture Garage, and other prominent investors. This significant investment is a testament to the clinic’s innovative approach to skin care and its potential for growth.
Founded in 2024, KorinMi has been making waves in the Indian market by blending cutting-edge Korean technology with a deep understanding of Indian skin needs. The clinic’s unique approach has resonated with consumers, and its profitability is a remarkable achievement, especially considering it has been operational for only six months.
A New Era in Skin Care
KorinMi’s success can be attributed to its commitment to providing high-quality, result-oriented skin care treatments using Korean technology. The clinic’s team of experts, led by Dr. Rohit Shah, has extensive experience in the field and has worked extensively with Korean skincare brands. KorinMi’s treatment protocols are designed to address a range of skin concerns, from acne and hyperpigmentation to aging and skin laxity.
The clinic’s services include a range of treatments, such as facial rejuvenation, skin tightening, and hair removal, all of which are designed to deliver optimal results. KorinMi’s team of dermatologists and aestheticians work closely with each patient to create personalized treatment plans that cater to their unique skin concerns and needs.
Expansion Plans
The funding received will be used to expand KorinMi’s operations, both online and offline. The clinic plans to open 25 new clinics across India, with a focus on major metropolitan cities and tier-2 towns. This expansion will not only increase KorinMi’s footprint but also provide more consumers with access to its innovative skin care treatments.
In addition to its clinic-based services, KorinMi is also entering the direct-to-consumer (D2C) space with a range of professional Korean skincare products. These products will be available on KorinMi’s e-commerce platform, allowing consumers to experience the benefits of Korean skincare in the comfort of their own homes.
The Future of Skin Care
KorinMi’s success is a testament to the growing demand for innovative skin care solutions in India. The clinic’s commitment to blending Korean technology with Indian skin needs has resonated with consumers, and its profitability is a significant achievement.
As KorinMi continues to expand its operations, it is likely to play a key role in shaping the future of the Indian skin care industry. The clinic’s focus on providing high-quality, result-oriented treatments will likely inspire a new generation of skin care professionals and entrepreneurs.
Conclusion
KorinMi’s ₹3 crore pre-seed funding round is a significant milestone for the Indian skin care industry. The clinic’s commitment to blending Korean technology with Indian skin needs has resonated with consumers, and its profitability is a testament to its innovative approach.
As KorinMi expands its operations, both online and offline, it is likely to play a key role in shaping the future of the Indian skin care industry. With its focus on providing high-quality, result-oriented treatments, KorinMi is poised to become a leader in the Indian market.
Source
https://startuptalky.com/news/korinmi-raised-pre-seed-funding-round/
