Two year old spa and salon booking
portal, Bookmyspa has been acquired by Gomalon, a startup that lists wellness
services in Bengaluru, in an equity deal of about Rs 12 Crore. The buyout has
made Gomalon the largest appointment booking platform in Bengaluru with over
2,000 vendors. The two entities will be merged after the deal is closed.
Gomalon was founded in February as
a discovery and booking platform for wellness centres. It is currently
operational in Bangalore where it lists over 270 services across 12 categories.
Gomalon will expand to metros in next 12 months. The two year old Bookmyspa.in has operations
in Bangalore and Hyderabad. The startup also had plans to launch in Delhi,
Chennai and Mumbai.
The combined entity would compete
with the likes of BeautyBooked, Ziffi, Vyomo, Purplle, ManageMySpa and other
online ventures. India’s beauty and wellness industry has seen a lot of
investor action. India B&W sector is to be worth Rs 1 Lakh Crore this year.
Several online players that facilitate listings, discovery and booking of
wellness services have raised external capital.
Bengaluru based Vyomo Pvt. Ltd, which
runs a beauty and wellness platform had raised an undisclosed amount in seed
funding led by TaxiForSure in June. In January, Mumbai based Lifestyle Pvt. Ltd;
the company behind Purplle.com secured an undisclosed amount in Series A
funding from early to growth stage VC firm IvyCap Ventures.
No comments:
Post a Comment