Korean-beauty clinic KorinMi raises Rs.10-Cr from Lotus Herbals

Gurugram-based skin clinic KorinMi has raised INR 10 crore in a funding round from the innovation fund of Ayurvedic beauty and skincare brand Lotus Herbals via its Lotus Innovation Fund. The fund maintains a USD 50 million corpus dedicated to investing in early-stage beauty and wellness companies in India.Founded in 2024 by Jenovia Daun Jung and Reshbha Munjal, KorinMi operates as a Korean beauty clinic that provides skin and hair treatments. The company also offers a range of direct-to-consumer (D2C) skincare products.The company plans to use the newly raised funds to open new clinics and expand its footprint into Mumbai, Bengaluru, and Hyderabad.