BeYouPlus, a startup that is aiming to standardize beauty treatments by partnering with the local clinics, has now secured $3.2 million in the funding round led by the IvyCap Ventures, along with the participation from the Singapore Angel Network and Madison Capital.
The startup focuses on the dermatological treatments and works with the local clinics to set up process rooms that treat customers at a fixed price. Present largely in the Delhi NCR region, BeYouPlus plans to use the funds to aggressively expand across geographies.
“Dermatology clinics are today okay with having someone else manages treatments on their premises. Rather than having to incur high cost for devices, this becomes a revenue stream for them,” said Vikram Gupta, founder, and managing director at IvyCap Ventures. “It’s similar to an Oyo model, even if that’s an overused term today.”
