Beauty and wellness startup MyGlamm secures ₹100 cr funding

Must Read

Sanju Samson to replace Shikhar Dhawan in T20 series against WI

Sanju Samson will replace injured Indian opener Shikhar Dhawan in the T20s series against West Indies starting from next...

Supreme Court lashes out on Centre & Delhi govts for Rising Pollution

The Apex Court of the Country, the Supreme Court on Monday lashed the Central and State Government for their...

Harbhajan Singh wishes BCCI Prez Sourav Ganguly to change Selection Panel

The Indian off-spinner Harbhajan Singh on Monday urged Sourav Ganguly, President of BCCI (The Board of Control for Cricket...

MyGlamm, a Noida-based on-demand beauty and wellness service has raised an investment of ₹100 crore, led by Bessemer Venture Partners, and the Mankekar family office, valuing the company at Rs 500 crore.

While, L’Occitane, which is also an existing investors, also participated in the round.

“We believe that there is a complete dearth of beauty brands in India and the new millennial customer is looking to discover her brand online and on social media,” said Darpan Sanghvi, founder, MyGlamm.

MyGlamm is a direct-to-consumer beauty firm, which differentiates itself on content and celebrity-led marketing. It is an online platform that enables users to book and get on-demand beauty and wellness services for women.

The firm has a Rs 60-crore annual run rate, with customer retention rates of over 50%. It plans to launch in the Middle East and Southeast Asia this year.

Whereas, some of the significant beauty and wellness startups constitutes StayGlad, GetLook, Purplle, BigStylist, Belita, VanityCube, Zyloon, and among others.


Please enter your comment!
Please enter your name here

- Advertisement -

Latest News

JNU Professor develops Braille model to teach visually-impaired students chemistry

A Jawaharlal Nehru University Professor BS Balaji has developed a braille model to teach chemistry to his visually-challenged students....

485 out of 812 candidates with Hindi as mother tongue passed 2018 civil services exam

Hindi, which is the unofficial language of India had been chosen by 485 candidates as their mother tongue who were selected through the Civil...

‘Happy Hardy and Heer’: Himesh Reshammiya starrer gets a new release date

The upcoming release of singer, composer, and actor Himesh Reshammiya Happy Hardy and Heer has got a new date. The film was earlier slated...

Fortnite Chapter 2 Week 9: Challenges list and guide to find the bridges.

Fortnite is about to start its Christmas challenges. The Christmas Challenges will start after week 10 of Chapter 2. Meanwhile, Epic Games rolled out...

Rocket League update 1.70 finally replaces shops with loot boxes

Loot Boxes have been a hot topic of discussion in the recent past. Earlier this year, Microsoft, Nintendo, and Sony announced that they are actively encouraging all...
- Advertisement -

More Articles Like This