Gurugram-based skin clinic KorinMi has raised Rs 10 crore from Ayurvedic beauty and skincare brand Lotus Herbals’ Innovation Fund. The fund has a corpus of $50 million to invest in early-stage beauty and wellness startups in India. Lotus Herbals also acquired a 32% stake in skincare brand Fixderma in October 2021.The fresh funds will be deployed to open new clinics and expand into cities such as Mumbai, Bengaluru, and Hyderabad, KorinMi said in a press release.

According to KorinMi, it focuses on both facial and hair treatments. It launched its first clinic in Gurugram in October 2024 and has served over 3,000 clients so far. The treatment cycle is typically 30–45 days, and to support customers throughout their skincare journey, the company has launched a range of products.

KorinMi’s D2C products are manufactured in Korea and, according to the company, are specifically designed for Indian skin types and weather conditions. The clinic also uses equipment and products sourced from South Korea. In May last year, the startup raised Rs 3 crore from former Kaya Skin Clinic (UAE) CEO Vikas Agarwal and other angel investors.

About KorinMi

KorinMi has been Co-founded in 2024 by Reshbha Munjal and Jenovia Daun Jung. KorinMi is a startup blending authentic Korean skin science with clinical, customized treatments tailored for Indian skin. The brand operates advanced physical clinics and offers direct-to-consumer (D2C) skincare products.