When was VLCC founded?

VLCC was founded in 1989 and raised its 1st funding round 18 years after it was founded.

Where is VLCC located?

VLCC is headquartered in Gurugram, India. It is registered at M-14 Greater Kailash-II, Commercial Complex, New Delhi, Delhi, India, 110048.

Which legal entities is VLCC associated with?

VLCC is associated with VLCC LIMITED and 3 others.

How many employees does VLCC have?

As of Aug 31, 2025, VLCC has 7039 employees, reflecting a 21% year-over-year decline in headcount.

Is VLCC a funded company?

VLCC is a funded company, having raised a total of $27.7M across 6 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on 2007.

How much is VLCC worth?

The last known valuation of VLCC was $***** as of Feb 03, 2025.

When was the latest funding round of VLCC?

VLCC's latest funding was a $***** Conventional Debt round on Sep 03, 2026, with participation from 1 investor. Its primary sector is Clinic Chains. In India, the Clinic Chains sector has seen $109M in funding in 2026 to date.

What is the annual revenue of VLCC?

Annual revenue of VLCC is between ₹500 Cr and ₹1,000 Cr as on Mar 31, 2025

Where does VLCC rank among its competitors?

VLCC ranks 4th amongst 97 active competitors, of which 7 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was VLCC, which secured $11.6M in Sep, 2026.

Who are the top competitors of VLCC?

VLCC's top competitors include Oliva Clinics, BodyCraft and Kolors Health Care. Among them, VLCC secured the most recent funding round in September, 2026.

VLCC - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is VLCC an acquired company?

VLCC got acquired by The Carlyle Group on Jan 10, 2023.

VLCC is an acquired company based in Gurugram (India), founded in 1989 by Vandana Luthra. It operates as a Chain of skin and hair care clinics. VLCC has raised $27.7M in funding from Alpha Wave Global and Shine, with last known valuation of $*****. The company has 97 active competitors, including 7 funded and 4 that have exited. Its top competitors include companies like Oliva Clinics, BodyCraft and Kolors Health Care.

Company Details

Chain of skin and hair care clinics. It offers a range of treatments, include Wellness & Beauty Services, Laser Treatments, Body Contouring, Weight management, Personal Care Products, Skill Development, and Spa Services.

Website: vlcc.com
Social
Email ID: *****@vlccgroup.com
Phone Number: +91 **********
Part Of
Registered Address: M-14 Greater Kailash-II, Commercial Complex, New Delhi, Delhi, India, 110048

Key Metrics

Founded Year

1989

Location

Gurugram, India

Stage

Acquired

Total Funding

$27.7M in 6 rounds

Latest Funding Round

Conventional Debt, Sep 03, 2026, $*****

Last Known Valuation

$***** as on Feb 03, 2025

Investors

Alpha Wave Global & 16 more

Ranked

4^th among 97 active competitors

Annual Revenue

₹500 - ₹1,000 Cr as on Mar 31, 2025

Employee Count

7,039 as on Aug 31, 2025

Investment & Acquisitions

Happily Unmarried

Similar Companies

U.S. Dermatology Partners & 605 more

Exit Details

Acquired by The Carlyle Group (Jan 10, 2023)

View VLCC's full profile

VLCC is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
VANITYCUBE MOBILE SPA AND SALON PRIVATE LIMITED CIN: U74900MP2014PTC032983 , India, Strike off	Jul 31, 2014	0 - ₹10 Cr (As on Mar 31, 2022)	7 (As on Jul 31, 2020)
VLCC ONLINE SERVICES PRIVATE LIMITED CIN: U93000HR2016PTC058548 , India, Active	Mar 11, 2016	₹10 - ₹50 Cr (As on Mar 31, 2025)	15 (As on Aug 31, 2025)
VLCC PERSONAL CARE LIMITED CIN: U52212DL2000PLC107566 , India, Active	Sep 06, 2000	₹100 - ₹500 Cr (As on Mar 31, 2025)	360 (As on Aug 01, 2025)
VLCC LIMITED CIN: U74899DL1996PLC082842 , India, Active	Oct 23, 1996	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	2580 (As on May 01, 2026)

VLCC got acquired by The Carlyle Group on Jan 10, 2023 at an acquisition amount of $*****.

Click here to take a look at VLCC's acquisition in detail

VLCC has raised a total funding of $27.7M over 6 rounds. Its first funding round was on 2007. Its latest funding round was a Conventional Debt round on Sep 03, 2026 for $*****. 1 investor participated in its latest round. VLCC has 16 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of VLCC:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 03, 2026	4333784	Conventional Debt	1781267	6934902	5020418	2184349
Feb 03, 2025	7838502	Series B	9401987	2928316	9481781	3180591
May 16, 2024	1690855	Angel	2754090	2052355	Vikas Gupta	8661291

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View details of VLCC's funding rounds and investors

The founders of VLCC is Vandana Luthra.

Here are the details of VLCC's key team members:

Vandana Luthra: Founder of VLCC and founder of 2 other companies, VLCC and VLCC Health Care.
Contact Info: 1 email address

VLCC's Board of Directors

VLCC's board has 4 active members. Vikas Gupta is part of team and Utsav Mitra, Suresh Jayaraman and Gurveen Singh are independent board members.

Here is the list of VLCC's board of directors:

Name	Type	Representing	Status	Duration
Vikas Gupta	Team	-	Current	2y 8m
Suresh Jayaraman	Independent board member	-	Current	3y 10m
negftyx	Independent board member	-	Current	7y 4m
fyitnry	Independent board member	-	Past	1y 1m

View details of VLCC's Founder profiles and Board Members

VLCC's employee count trend

VLCC has 7,039 employees as of Aug 25. The total employee count is 21.0% lower than what it was in Aug 24. Here is VLCC's employee count trend over the years:

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Top competitors of VLCC include Oliva Clinics, BodyCraft and Kolors Health Care. Here is the list of Top 10 competitors of VLCC, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Oliva Clinics 2009, Hyderabad (India), Acquired	Chains providing dermatology and aesthetic treatments for hair and skin	$14.7M	InvAscent, http://glazebarter.com & 79 others	68/100
2nd	BodyCraft 1997, Bengaluru (India), Late Stage	Chain of beauty, wellness and skin clinic	$16M	Singularity AMC, Venture Catalysts & 5 others	63/100
3rd	Kolors Health Care 2004, Hyderabad (India), Series B	Provider of weight loss, skin, and hair care treatments. It offers a variety of services, including weight loss programs, inch loss treatments, figure correction, body therapies, and skin treatments such as fairness treatments, anti-aging treatments, and acne treatments. Hair care services encompass hair transplantation, hair regrowth treatments, and anti-hair fall treatments. The treatments utilize advanced technologies and are administered by a team of doctors, physiotherapists, cosmetologists, trichologists, and nutritionists. The company's focus is on holistic well-being and achieving both inner and outer beauty.	$28.8M	Gayi Adi Capital Management, Piramal Enterprises ... & 2 others	58/100
4th	VLCC 1989, Gurugram (India), Acquired	Chain of skin and hair care clinics	$27.7M	Thecarlylegroup.fr, BlackSoil & 15 others	52/100
5th	Vcare 2004, Chennai (India), Acquired	Chain of hair & skin clinics	-	-	52/100
6th	Assure Clinic 2016, Mumbai (India), Seed	Chain of skin and hair clinics	$2.84M	Venture Catalysts, DIFC & 3 others	49/100
7th	Kaya 2003, Mumbai (India), Public	Chain of skin clinics	-	Baring Private Equity Partners	48/100
8th	Kosmoderma 2005, Bengaluru (India), Unfunded	Provider of a multi-specialty clinic chain offering a range of dermatological and aesthetic treatments, products, and supplements for skin, hair, and body care	-	-	48/100
9th	UNCOVER Clinics 2018, Gurugram (India), Seed	Standalone skin & hair clinic	$17.4M	SRI Capital, Alkemi Growth Capital & 57 others	44/100
10th	Evoke Hair Clinic 2023, Delhi (India), Seed	Provider of hair restoration and skin treatment services	$1.75M	Info Edge Ventures, Infinyte Club & 19 others	38/100

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VLCC LIMITED, the legal entity associated with VLCC, generated between ₹500 Cr and ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of VLCC LIMITED has a compounded annual growth rate (CAGR) of -2% in the last 1 year.

Financial Statement Summary

Metrics	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Income Statement
Revenue	6018	5897	3671	6078	1967
Total Sales	8195	1983	9912	4452	6802
Total Expenses	6617	5321	3573	8576	4929
Operating Expenses	4037	5606	2758	6157	5295
Employee Expenses	9020	5828	8511	3331	7176
Marketing Expenses	7500	5509	7365	3742	2670
Operating Income (EBIT)	9601	2492	6288	4050	6014
Interest Expenses	6886	8101	8217	8522	8296
Expenses from other activities	8819	6658	7372	6995	5247
Information Technology Expenses	8929	1865	7160	1446	1498
EBITDA	2381	7834	8371	1033	8289
Taxes	1197	4081	7427	5803	5511
Net Profit	5136	5630	3776	5479	9588
Balance Sheet
Assets	9678	8413	6385	9032	4933
Cash Equivalent	4790	6559	5636	7938	3337
Accounts Receivables	6600	2978	9013	9534	3186
Inventory	8747	5429	3096	7678	1150
Liabilities	8288	5212	7961	8027	3013
Total Debt	3203	5175	7556	6029	2055
Accounts Payable	7569	5891	7747	3107	9773
Equities	2432	6327	5589	8342	4721
Cashflow Statement
Cash from Operating activities	6915	2678	1876	6583	8816
Cash from Investing activities	8167	4005	3281	1240	6333
Net cash from Financing activities	3495	4718	3447	6479	3189