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.

Mar 18, 2024•almost 2 years ago

Amount Raised

$30 Million

New York

Investors

Accel PartnersBessemer IndiaProsusWarburg Pincus

Description

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 Information

Company

Good Glamm Group

Location

New York, United States

About

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.

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Funding Insights

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