Business · Companies · 3 hrs ago

Toothsi Parent MakeO Raises ₹90 Crore for Expansion

Toothsi Parent MakeO Raises ₹90 Crore for Expansion

MakeO, the parent company of teeth-aligner brand Toothsi, raised ₹90 crore in a funding round led by Singularity AMC.

The Mumbai-based company plans to use the money to expand its offline business across India and Southeast Asia and invest in manufacturing, clinics, customer experience and technology.

MakeO’s expansion follows acquisitions including Singapore-based Zenyum and Indian clinic chain Apple Dental, which broadened its reach.

The combined group says it has more than 60 clinical centres and around 1,100 partner dentists across 10 countries.

MakeO also says its combined business has crossed ₹500 crore in revenue and become EBITDA profitable earlier this year.

It aims to double revenue in the next two to three years and is considering further acquisitions in India and Southeast Asia.

Sources

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