Private Equity Angel Investments
D2C beauty brand MyGlamm receives investment from Bollywood actor Shraddha Kaoor
Source Mint (opens in a new tab)
Mumbai-based direct-to-consumer beauty brand MyGlamm has raised funds from Bollywood actor Shraddha Kapoor, who will endorse its products.
MyGlamm, co-founded in 2017 by Darpan Sanghvi and Priyanka Gill, offers over 600 cruelty-free products across the makeup, skincare and personal care segments. The digital-first brand also retails via 10,000 offline points of sales across 70 cities in India.
Company website ↗ (opens in a new tab)
From the Venture Intelligence PE-VC Deal Database: From Nov-15 to Mar-21, MyGlamm had raised over $48-M from Wipro Ventures, Amazon, Ascent Capital, Bessemer, Tano Capital and others.