Shardul Amarchand Mangaldas & Co. advises Singularity Growth Opportunities Fund II on INR 120 crore investment in Bodycraft

September 21, 2026

Shardul Amarchand Mangaldas & Co. (SAM) advised Singularity Growth Opportunities Fund II on the acquisition of approximately 20.45% of the shareholding of Bodycraft Salon Skin and Cosmetology Private Limited, through a primary subscription to Series A Compulsorily Convertible Preference Shares (CCPS) and a secondary purchase of shares from an existing investor. The transaction was valued at approximately INR 120 crores.

The investment will support the company’s expansion into 30 additional locations, while enabling investment in advanced clinical technology and AI-led operational capabilities.

The transaction represents a significant institutional investment in India’s evolving beauty and wellness sector and supports the continued scaling and institutionalisation of a founder-led platform operating at the intersection of consumer beauty, wellness and medical aesthetics.

The SAM team advising Singularity Growth Opportunities Fund II was led by Navruz Vakil, Partner, with Alena Nari Advani, Consultant; Daksh Hemnani, Senior Associate; and Vidhi Shah, Associate.

SAM acted as advisors to Singularity Growth Opportunities Fund II on the transaction.