Korean skin clinic KorinMi raises Rs 3 Cr in pre-seed round

Here’s a detailed breakdown based on the provided information about KorinMi:

Funds

• Amount Raised: Rs 3 crore (approximately $360,000)
• Funding Round: Pre-seed round

Investors

• Lead Investors:
  • Vikas Agarwal (ex-CEO, Kaya Skin Clinic, UAE)
  • Vivek Kumar (CEO, Venture Garage)
• Other Investors: Various angel investors including CXOs and industry leaders

Startup Details

• Name: KorinMi
• Founded: 2024

Founders

• Reshbha Munjal
• Jenovia Daun Jung

Fundraising Series

• Series: Pre-seed

Date of Fundraise

• Specific date not mentioned, but the fundraising is reported in October 2024.

Additional Information

• Purpose of Funds: Technology upgrades, marketing, expansion, and product development tailored for Indian skin using Korean skincare science.
• Operational Plans: Aim to become operationally profitable within six months of launching its first clinic in Gurugram; planning to expand to 25 clinics across major Indian cities.
• Competitors: Kaya Clinic, SkinLab, various international D2C skincare brands.

If you need further details or have other inquiries, feel free to ask!

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2025-05-06 09:26:47