Nail Care Startup O’2 Nails India Raises $150K in Seed Funding

O’2 Nails India, a rapidly expanding nail care start-up in India, has received $ 150K in seed funding from Real Time Angle fund and AIC- BIMTECH. O’2 Nails India will be able to increase its presence in the nation’s expanding nail care market thanks to this strategic funding.

O’2 Nails India was founded in 2021 by Aparna & Vikram to address a Rs 1 Billion market imbalance in nail services. The nail care market is estimated to be worth $15 billion globally. One of the B2C sectors with the highest growth rates in India is the nail care industry. The start-up now has 30 stores spread across 15 cities in India, serving 7 states, and has aspirations to open 100+ outlets throughout the fiscal year 2023–2024.The brand aims to grow its retail footprint and customer base by 500% and 10X, respectively, on YoY. It has 90% of female staff members at O’2 Nails India. It has glamorized 1 million nails since its inception.

Speaking on occasion, Aparna Singh, CEO, of O’2 Nails India said, “This strategic investment in O’2 Nails India is a testament to the company’s commitment to providing quality nail care services and expanding its reach. We are extremely thankful and happy to be backed by these renowned industry leaders in our journey ahead. We plan to utilize these funds for technological advancement and expanding our stores and retail presence. With a strong commitment to accelerate women empowerment, we have 20 women-led franchises.”

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