Fund News
Accel, Bessemer & Prosus exit Good Glamm board
The representatives of Accel, Bessemer Venture Partners and Prosus have stepped down from the board of Mumbai based content to commerce platform, The Good Glamm Group . As per the regulatory filings, Accel’s partners Anand Daniel, Bessemer’s partner Vishal Gupta and Prosus’ Gaurav Kothari resigned as independent directors in December. This follows the startup announcing salary delays and potential layoffs.The Good Glamm Group was founded in its current form in September 2021 after Darpan Sanghvi-founded D2C band MyGlamm came together with Priyanka Gill-founded digital media platform POPxo and Naiyya Saggi-founded online parenting startup BabyChakra. Since then, the unicorn has acquired nearly a dozen brands, including ScoopWhoop, Organic Harvest, and Sirona.
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