 "Taxiforsure co-founder Aprameya Radhakrishna invests in Vyomo")
Taxiforsure co-founder Aprameya Radhakrishna has invested an undisclosed amount in mobile beauty and wellness platform Vyomo during the seed round. This is Radhakrishna’s maiden investment after his exit from Taxiforsure following its acquisition by bigger rival Ola for around $200 million (Rs 1,200 crore) in March this year.
“The beauty and wellness industry is a large market, ripe for disruption. I decided to invest in Vyomo based on the extremely focused and effective core team led by Abhinav Khare and Poonam Marwah - they have built an intuitively smooth mobile platform that is way ahead of the competition,” said Radhakrishna.
Last month, cricketer Yuvraj Singh had also invested an undisclosed amount in Vyomo, through his start-up fund Youwecan Ventures.
“Having Radhakrishna as our investor and a member of advisory board is a great validation for our ‘mobile only’ strategy. We are looking to replicate the success of the on-demand cab industry and thus having him will only enhance our execution even further,” said Abhinav Khare, Founder & CEO.
According to a report by KPMG, beauty and wellness industry in India will be $13 billion by 2017.
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“The beauty and wellness industry is a large market, ripe for disruption. I decided to invest in Vyomo based on the extremely focused and effective core team led by Abhinav Khare and Poonam Marwah - they have built an intuitively smooth mobile platform that is way ahead of the competition,” said Radhakrishna.
Last month, cricketer Yuvraj Singh had also invested an undisclosed amount in Vyomo, through his start-up fund Youwecan Ventures.
“Having Radhakrishna as our investor and a member of advisory board is a great validation for our ‘mobile only’ strategy. We are looking to replicate the success of the on-demand cab industry and thus having him will only enhance our execution even further,” said Abhinav Khare, Founder & CEO.
According to a report by KPMG, beauty and wellness industry in India will be $13 billion by 2017.
Vyomo has already roped in 1,500 salons and spas, it said in a statement.
Vyomo has already roped in 1,500 salons and spas, it said in a statement.