Amazon-backed Indian D2C Beauty Brand MyGlamm Raises

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kafa88

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MyGlamm, a direct-to-consumer beauty brand in India that sells most of its products through its own website, app and retail touchpoints.

said on Monday that The SLOTXO company raised $71.3 million in a financing round. Because the company headquartered in Mumbai wanted to scale. Business across the South Asian market

The startup raised $23.5 million in four subscription-based Series C funding rounds from Amazon, Ascent Capital and Wipro in March this year. last monday The company said it raised an additional $47.8 million as part of the round. which is now closed

Accel led the new group of investments, while existing MyGlamm investors – Bessemer Venture Partners, L'Occitane, Ascent, Amazon, the Mankekar family, Trifecta and Strides Ventures – were joined by Darpan Sanghvi, 

Posted 27 Jul 2021

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