A small but increasing number of angel investors have funded wellness start-ups in the recent past. Tech start-ups like Vyomo (now Naturals@home), UrbanClap, Stylofie and others have bagged adequate amount of funding in the recent past.
Realizing the difficulties faced by wellness professionals and entrepreneurs, start-up duo Sudheer and Dheeraj Koneru had conceptualized Zenoti in 2004 to ease the whole eco-system of operational tasks in a spa and salon.
Singapore’s Vanitee, which describes itself as the ‘Airbnb of beauty and wellness services,’ said it has successfully raised S$3 million (US$2.13 million) from serial entrepreneur Ivan Lee and Japanese beauty portal @cosme.
One of the major hurdles in starting or scaling up a franchise business has been of arranging funds. But of late, there has been availability of number of options for getting the funds and it has given a birth or huge push to new generation of entrepreneu
A Merisis Advisors report says that close to 900 funding deals are to be inked in 2015. As many as 890 funding deals are expected to be signed in the telecom, media and technology space (TMT) in India this year, up from 515 deals last year. Brands from wi