Even as India’s economy loses steam, the country’s nascent beauty and wellness industry is growing rapidly, and catching the interest of private-equity and venture-capital investors. Mirror tells all: An Indian woman gets her hair styled during the 2009 launch of Loreal’s Colour Lounge salon in Amritsar. These investors are looking to fund the expansion plans of India’s salons, spas and other companies that provide skin and hair treatment and slimming and fitness services.
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