Liquidity Events
Digital brands aggregator GlobalBees acquires skincare player Prolixr
New Delhi-based GlobalBees, an aggregator of digital brands, has acquired Gurugram-based skincare brand Prolixr. The founders and the 25+ member team of Prolixr will become a part of GlobalBees. At present, the company is listed on 25+ marketplaces like Nykaa, Amazon and Purplle. Prolixr aims to develop high-quality, affordable and international standard products with progressive formulations that cater to Indian skin types. Its products include detoxifying sea algae face masks, scrubs, moisturisers and serums.
From the Venture Intelligence Angel Investments Database: In Nov-20, Prolixr had raised funding from Divij Bajaj, Alfa Ventures and Dhianu Das. From the Venture Intelligence PE-VC Deal Database: In Apr-21, GlobalBees raised $150-M from SoftBank Corp, TPG Capital, PremjiInvest, Chiratae Ventures, Lightspeed Ventures, ChrysCapital and others.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
