Good Glamm Group secured $30 million in a flat valuation funding round led by Warburg Pincus and seeks an additional $35-40 million at the same valuation.
Good Glamm Group secured $30 million in a flat valuation funding round led by Warburg Pincus and seeks an additional $35-40 million at the same valuation.
03/18/24, 12:36 PM
Location
new yorkMoney raised
$30 million
Investors
Accel Partners, Bessemer India, Prosus, Warburg Pincus
Good Glamm Group raised Rs 245 crore (about $30 million) through a rights issue at a flat valuation of $1.2 billion from existing investors including Warburg Pincus, Prosus, Bessemer India, and Accel Partners. The company is now seeking to raise an additional $35-40 million at the same valuation. The funds will be used for working capital requirements.
Company Info
Location
new york, united states
Additional Info
The Good Glamm Group is South Asia’s largest Content-Creator-Commerce conglomerate that brings together the Group’s innovative and fast-growing beauty and personal care brands, powered by the Group’s proprietary digital ecosystem of content and creator assets.