Gurugram-based Korean skincare clinic KorinMi has raised Rs 10 crore from Lotus Herbals' innovation fund to expand from 3 clinics into Mumbai, Bengaluru and Hyderabad, while growing its D2C product range tailored for Indian skin. The strategic backing pits it against Kaya and Nykaa-backed beauty plays.

ET Retail · 6/1/2026, 11:40:58 AM

The Gurugram-based Korean skincare startup, founded in 2024, will use the capital from Lotus Herbals' Innovation Fund to open new clinics in Mumbai, Bengaluru and Hyderabad. KorinMi has served over 3,000 clients and operates as both a clinic chain and D2C skincare brand.

Entrackr · Newsletter · 6/1/2026, 10:45:16 AM