Bodycraft Clinic and Salon, a Bengaluru-based beauty and medical aesthetics chain, has raised Rs 120 Cr (approximately $14 million) in a Series A funding round, as publicly reported on 24 June 2026. The round was led by Singularity AMC, a Mumbai-based private equity firm. This marks the company’s first significant capital raise in nearly nine years.
Quick Highlights
- Founders: Manjul Gupta (Founder, 1997), Sahil Gupta (CEO), Dr. Mikki Singh (Founder & Medical Director)
- Lead Investor: Singularity AMC
- Investor Background: Mumbai-based PE firm managing approximately $1 billion in assets under management
- Headquarters: Bengaluru, India
- Announcement Date: 24 June 2026
Funding Breakdown
Use of Funds
Bodycraft intends to deploy the capital across four key areas: opening 30 new clinic and salon locations, investing in clinical technology and AI-led operational efficiencies, strengthening management and operations infrastructure, and enhancing the overall customer experience.
Funding Timeline
Prior to this Series A, Bodycraft had last raised Rs 18 Cr in 2017. The current Rs 120 Cr round represents a substantial step up and the company’s re-entry into institutional funding after nearly a decade of bootstrapped or self-sustained growth.
Expansion Plans
Bodycraft currently operates 67 outlets — comprising 33 clinics and 34 salons across 10 or more cities. The fresh capital will fund the addition of 30 new locations, with the company targeting a wider nationwide footprint by entering new cities across India beyond its existing presence.
Significance
This round signals renewed institutional confidence in India’s organised clinical aesthetics segment, which is projected to grow from approximately $2 billion in 2024 to over $7 billion by 2033, as publicly reported. For Bodycraft, the raise is transformational — bridging a near-decade funding gap and equipping a profitable, founder-led business to compete at national scale. Singularity AMC’s involvement, given its ~$1B AUM and PE pedigree, also lends significant operational and strategic credibility to the expansion. The deal underscores how India’s premium wellness and aesthetics sector is increasingly attracting formal private equity attention beyond early-stage venture capital.
These details have been verified against multiple publicly available reports as of 24 June 2026.
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Disclaimer: This report is compiled from publicly available sources and is for informational purposes only; funding figures are as publicly reported and may be subject to change.
