toothsi Parent makeO Acquires Apple Dental For INR 11 Cr

makeO, the parent of dental tech startup toothsi and skincare brand skinnsi, has acquired Andhra Pradesh-based dental clinic chain Apple Dental.

“This strategic acquisition marks the first step in our offline expansion strategy as we scale makeO into India’s most trusted dental and derma tech brand. With Apple Dental now part of the makeO family, we’re deepening our presence in tier II & III cities and bringing tech-enabled care closer to millions,” the startup said in a post on LinkedIn.

It didn’t disclose the financial details of the acquisition in the post. However, according to its regulatory filings on the MCA, makeO acquired 100% stake in Apple Dental for INR 10.9 Cr in a cash-and-stock deal.

makeO will also extend a loan of INR 1.5 Cr to Apple Dental at an interest rate of up to 13%.

Apple Dental runs a chain of 20 dental clinics across Andhra Pradesh and Telangana. The acquisition is part of makeO’s push to expand its offline presence beyond metro cities.

Founded in 2018 by Arpi Mehta Shah, Pravin Shetty, Manjul Jain and Anirudh Kal, makeO initially offered teeth aligners under the brand toothsi. In 2022, it merged its brands toothsi and skinnsi under makeO to offer dental, skin and hair treatments on one platform.

makeO claims to have a presence in over 21 cities across India and 5 cities across the Gulf Cooperation Council (GCC) via 30+ experience centres.

Backed by the likes of Anushka Sharma and Virat Kohli, makeO has raised over $100 Mn to date from Eight Roads Ventures, 360 One, Paramark Ventures, among others. It last raised INR 100 Cr in June 2025.

On the financial front, makeO narrowed its consolidated net loss by 32.08% to INR 149.58 Cr in FY24 from INR 220.25 Cr in the previous fiscal year on the back of improvement in its EBITDA margin.

Operating revenue rose 6.23% to INR 178.94 Cr during the year under review from INR 168.43 Cr in FY23.

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