Bodycraft Clinic and Salon has announced raising nearly $13 million (Rs 120 crore) from Singularity AMC, a Mumbai-based private equity firm focused on growth-stage and pre-IPO investments in India.
The development was first reported by DealStreetAsia.
The investment will support the company’s next phase of expansion across India as demand for organised beauty, wellness, and aesthetic care services continues to grow, it said in a statement.
Founded in 1997 by skincare expert Manjul Gupta, Bodycraft started as a single skin clinic and has since grown into a full-service beauty and wellness chain. It currently operates 67 premium wellness and medical aesthetic clinics and salons across the country.
With fresh infusion, it plans to add 30 more new locations. The chain will also invest in clinical technology and equipment, strengthen management and operations, improve efficiency through AI, and enhance customer experience across the network, the statement added.
“The capital from Singularity will enable us to accelerate expansion, deepen our clinical and technological capabilities, and continue investing in the talent and infrastructure required to build a category-leading business. Our ambition is to create the most trusted destination for beauty, wellness, and medical aesthetic services in India while delivering exceptional outcomes for our customers,” said Sahil Gupta, CEO, Bodycraft Clinics and Salons.
Bodycraft Clinic and Salon offers a range of services—from salon and spa treatments to advanced skincare and cosmetology clinics—all under one roof.
Established in 2016 and backed by investor Yash Kela, Singularity Growth backs companies across sectors such as energy, manufacturing, consumer, healthcare, and financial services.
In March 2025, the firm announced that its second PE fund, Singularity Growth Opportunities Fund II (SGOF II), had been oversubscribed, raising Rs 1,800 crore. Through the fund, it plans to invest about Rs 75-175 crore each in 12-15 companies to support their next phase of growth.
Over the years, Singularity Growth has built a diversified portfolio across its three funds, with past investments in leading companies such as Swiggy, Paytm, Jana Small Finance Bank, and Jawa.
