MakeO raises ₹90 Cr to expand dental care, integrate Zenyum

MakeO, the parent company of clear-aligner brand Toothsi, has raised ₹90 crore ($9.4 million) from existing investors to expand its dental-care business across India and Southeast Asia. The funding will strengthen its Mumbai manufacturing and technology facility, integrate operations following its acquisition of Singapore-based dental startup Zenyum, and grow its offline clinic network through both organic expansion and further acquisitions, co-founder and group CEO Arpi Mehta told a business publication.

Earlier reports in October 2026 mentioned a similar funding amount for MakeO, which may indicate staged capital infusion or phased disclosure. The raise coincides with broader activity in the dental-care sector, where startups and established players are exploring new models to address gaps in oral-care access.

The Zenyum acquisition positions MakeO for potential expansion in Southeast Asia, where dental-care infrastructure varies widely. Mehta’s focus on manufacturing and tech integration suggests an effort to build greater control over the supply chain, though this approach may require significant upfront investment. The company’s ability to scale its clinic network—whether through partnerships or acquisitions—could shape its competitive standing in a market with both digital-first and traditional players.

With ₹90 crore in fresh capital, MakeO appears to be aiming for a larger role in dental care across the region. Execution will be key, particularly in merging Zenyum’s operations, scaling manufacturing, and converting clinic growth into sustainable revenue.

Sources: economictimes.indiatimes.com