Richfeel to expand clinic network, plans entry in Middle East

Richfeel, which runs a chain of hair and scalp care clinics, plans to expand its network to 100 clinics and enter the West Asian market in the next two years.
"Currently Richfeel has 75 clinics plus two SPAs in 25 Indian cities and will launch 12 more in this financial year. In next two years, our network will increase to over 100 clinics, including the ones that are planned for Dubai and Abu Dhabi," Richfeel Founder Apoorva Shah told PTI here.
Richfeel reported a turnover of Rs 115 crore last year, but the exponential growth in the market will take this figure to Rs 175 crore in the next two years, Shah said.

The company has presence in cities such as Ahmedabad, Bengaluru, Chandigarh, Delhi, Gurgaon, Hyderabad, Kolkata and Mumbai, Nagpur.
The company has a number of technology collaborations with partners from around the world, to bring the best in the field of trichology, the company said.
Mibelle from Switzerland offers plant stem-cell based products. Italy-based Biotech supplies the latest medical equipment for services while Ailesbury London provides the hair transplants with no pain or cuts or scars. At the same time, scientists from Israel offer instant permanent scalp cover and 'Anacover', which is an innovative service for totally bald people.
The hair and scalp care market in the country is estimated at USD 3 billion, even though trichology services are a small part of it, which is growing fast. Every second Indian has some kind of hair problem and the number is increasing, he said.

Established in 1986 by Apoorva Shah and Sonal Shah, Mumbai-based Richfeel employs over 800 people and more than 150 medical trichologists.