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Good Glamm Group Bags $150 Million Funding Led By Prosus Ventures

Nov 09, 2021about 4 years ago

Amount Raised

$150 Million

Description

The Good Glamm Group, which houses direct-to-consumer (D2C) brands in the beauty and personal care segment, has raised $150 million (Rs 1,110 crore) from investors led by South Africa's Prosus Ventures (previously Naspers) and private equity major Warburg Pincus.

Company Information

Company

The Good Glamm Group

About

The company is clocking an annualised revenue run rate of $120 million. The festive season helped the company grow its offline business 100% year-on-year.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech