Korean Skin Clinic KorinMi Raises Rs 3 Crore in Pre-Seed Funding

Korean skin clinic KorinMi has successfully raised Rs 3 crore (approximately $360K) in its pre-seed funding round, with angel investors such as Vikas Agarwal (former CEO of Kaya Skin Clinic in the UAE) and Vivek Kumar (CEO of Venture Garage) participating, alongside other CXOs and industry experts.

The funding will be allocated towards technology enhancements, marketing efforts, expansion initiatives, and the development of products specifically designed for Indian skin, incorporating Korean skincare techniques.

KorinMi was established in 2024 by Reshbha Munjal and Jenovia Daun Jung, merging Korean dermatological expertise with solutions tailored for Indian consumers. The clinic utilises Korean 3D skin analysis to evaluate more than 15 skin parameters and offers both non-invasive and invasive treatments alongside high-quality homecare products.

The brand aims to achieve operational profitability within six months of launching its inaugural clinic in Gurugram and currently has two clinics functioning in the Delhi-NCR region.

KorinMi’s Ambitious Expansion Plans

The clinic has plans to grow to 25 locations across major cities including Delhi, Mumbai, Chennai, and Hyderabad over the next three years. Additionally, it is set to enter the direct-to-consumer (D2C) sector with a line of professional skincare products specifically devised for Indian skin.

Competitive Landscape

KorinMi faces competition from other prominent players such as Kaya Clinic, SkinLab, and various international D2C skincare brands venturing into India’s expanding premium skincare sector.