Yes Madam Shark Tank India Season 3: Shark Tank India has given a voice to the entrepreneurs to shout loud about their innovative ideas and products. Yes Madam is one such startup that has unleashed the salon industry with its creative thinking and at-home service approach. To learn more about Yes Madam Shark Tank India Season 3, stay tuned with us till the end.
Yes Madam Shark Tank India Season 3
Yes Madam is a Home Salon Service provider that operates through its App Yes Madam where you can book a service for yourself. The founders of Yes Madam presented their business model to the Sharks and they were all very impressed with the great work they have done till now.
With the Yes Madam mobile application, you can book desired services for yourself and the Yes Madams expert will reach you out at your home. Yes, Madam also gives you the option to buy products from your end and just pay for the service to Yes Madam. This maximizes the transparency between customers and the Salon.
Founders Of Yes Madam
Mayank Arya, Aditya Arya, and Akanksha Vishnoi are the founders of Yes Madam, India’s most affordable & highest-rated Home Salon and they appeared on Shark Tank India Season 3 to present their business model to the Sharks.
Mayank Arya completed his schooling at Translam College of Education in 1999 and then earned a diploma in Nautical Studies from Singapore Polytechnic in 2004. He started his professional career journey at Tanker Pacific Management in 2000 and worked till 2009. In 2017, he co-founded Yes Madam.
Aditya Arya completed his schooling at Dayawati Modi Academy Meerut and 2005 and then earned a diploma in Nautical Sciences from Tolani Maritime Institute in 2006. He started his professional career journey at Anglo Eastern as a Third Officer in 2006 and he worked here till 2010. In April 2011, he joined Hal Offshore Ltd for 7 months and left in October 2011 and joined Halani Shipping Pvt Ltd in December as a Dynamic Position Operator.
In 2013 he joined Seamec as a Dynamic Position Operator and worked till April 2014. In 2017, he co-founded Yes Madam along with Mayank Arya.
Akanksha Vishnoi holds a Bachelor of Law degree in her formal education but her will to take a stand for women in India led her to join Yes Madam so that she can create employment and serve the women through her Salon Services. She joined Yes Madam in 2020 as a Co-Founder, before that, she was studying law.
Meet: All the 12 Shark Tank India Season 3 Judges.
Yes Madam Shark Business Deal
Yes Madam on Shark Tank India Season 3 episode aired on 15 February 2024. The founders of Yes Madam presented their business model to the Sharks and they were all impressed very much. They asked for Rs 1.5 Crore in exchange for 0.5% equity.
Peyush Bansal, Vineeta Singh, Aman Gupta, and Ritesh Agarwal gave them a combined offer which was Rs 1.5 Crore in exchange for 3% equity along with 2% royalty on net sales until Rs 1.5 Crore is recouped. The founders made a counteroffer which Rs 1.5 Crore in exchange for 2% equity along with 1% royalty on net sales until Rs 1.5 Crore is recouped but finally, the deal was locked at Rs 1.5 Crore in exchange for 2% equity along with 2% royalty on net sales until Rs 1.5 Crore is recouped.
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Final Words
In this write-up, I have shared all the crucial details about Yes Madam Shark Tank India Season 3 including the business model and founders. The Founders of Yes Madam are on a mission to revolutionize the Salon industry by integrating innovative approaches to it. Currently, Yes Madam is serving 50+ cities in India with 2000+ beauty professionals.
Hope this Yes Madam Shark Tank business deal was learnable for you and the content I have shared was also useful for you. To get instant updates about Shark Tank India Season 3, stay connected with us. Thanks for reading.
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FAQs
Who is the founder of Yes Madam?
Mayank Arya, Aditya Arya, and Akanksha Vishnoi are the founders of Yes Madam, India’s most affordable & highest-rated Home Salon.
What is the legal name of Yes Madam?
Notion Online Solutions Private Limited is the legal name of Yes Madam Brand.
