Private Equity 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.
Company website ↗ (opens in a new tab)
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.