Bodycraft Secures Rs 120 Crore in Series A Funding for Expansion

Bodycraft, a beauty and wellness platform, has successfully raised Rs 120 crore (approximately $12.6 million) in a Series A funding round led by Singularity AMC, a private equity firm based in Mumbai that focuses on growth-stage and pre-IPO investments in India. This marks Bodycraft’s first significant funding round in close to nine years. Back in 2017, the firm raised Rs 18 crore at a pre-money valuation of Rs 55 crore.

The newly acquired capital will facilitate the company’s efforts to broaden its reach across India, invest in clinical technology and equipment, enhance management and operational efficiency, implement AI-driven improvements, and elevate customer service quality.

About Bodycraft’s Operations

Founded in 1997 by Manjul Gupta, Bodycraft operates a comprehensive network of clinics and salons that provide a range of beauty, wellness, and medical aesthetic services. The business employs a combination of company-owned and operated (COCO) and franchise-owned and operated (FOFO) models.

Currently, Bodycraft manages a total of 67 outlets, which include 33 clinics and 34 salons, spread over more than 10 cities. As part of its growth strategy, the company has plans to introduce 30 new locations.

Financial Performance

According to the company’s reports, it concluded FY25 with a revenue of Rs 98 crore while sustaining an EBITDA margin of 11–12%. Bodycraft anticipates an increase in revenue to Rs 130 crore in FY26, maintaining a similar profit profile.

Leadership and Market Potential

Bodycraft is guided by CEO Sahil Gupta and Medical Director Dr. Mikki Singh, who oversees the clinical aesthetics segment of the firm. The company indicated that the clinical aesthetics market in India is projected to surge from approximately $2 billion in 2024 to over $7 billion by 2033, presenting considerable opportunities for established players within the industry.