End of the road for Good Glamm Group: lenders trigger asset breakup; brands up for sale individuallyThe Good Glamm Group will dissolve as lenders enforce charges on individual brands, leading to brand-by-brand sales. The company's restruct...
Good Glamm’s cash crunch: funding delays, unpaid salaries and a major business restructuringThe troubled startup is undergoing restructuring of its operations as it faces rising financial challenges. Cofounder and CEO Darpan Sanghv...
Good Glamm restructuring talks underway, says CEO Darpan SanghviThe Good Glamm Group is facing financial difficulties, leading to restructuring discussions and brand sales. Salary delays and funding stru...
Good Glamm delays paying salaries again amid cash crunchBabita Bharati, who worked as a freelance copywriter for Good Glamm’s portfolio brand The Moms Co in March and April, took to LinkedIn to s...
Good Glamm defers April salaries; former employees await final settlementsThe Mumbai-based company has been selling or exploring the sale of various portfolio brands as part of its efforts to maintain liquidity an...
Startups must drive their own demand before relying on online marketplaces: Priyanka GillThe founder and CEO of lab-grown diamond jewellery brand Coluxe observed that, though helpful, quick commerce platforms cannot build brand ...
Lab grown diamond startup Jewelbox raises $3.2 million from V3 Ventures, othersKolkata-based lab-grown diamond jewellery brand Jewelbox plans to use the funds to expand its retail footprint across India, strengthen bra...
Good Glamm in talks to sell MissMalini for Rs 4 crore amid cash crunchGood Glamm had acquired MissMalini Entertainment in 2021, bringing in several business units including MissMalini Media, community platform...
Lab grown diamond startup Firefly raises $3 million from WestBridge Capital, othersFirefly, a lab-grown diamond startup, operates stores in Mumbai, Pune, Bengaluru, and Hyderabad, and aims to scale up to more than 20 locat...
House of cards: Roll-up ecommerce model stumbles as founders reclaim brands amid funding strugglesOvervalued acquisitions, financial mismanagement, and unmet promises have led to founders buying back brands at a fraction of the original ...
Founders on a second innings: For some, it’s a venture out; for others, a point to proveAmid a tech and venture capital reset, many founders have left their startups to launch new ventures, leveraging past experience and networ...
Good Glamm sells digital media unit ScoopWhoop at fifth of its purchase priceGood Glamm Group, facing a cash crunch, sold ScoopWhoop for Rs 18-20 crore, a fraction of its 2021 valuation. It scrapped further brand sal...
Sirona founders buy back company from cash-strapped Good Glamm GroupThe buyback, largely financed through the personal capital of Sirona's founders, Bajaj and Mohit Bajaj, is estimated at around Rs 150 crore...
Sirona founders in final stages of buying back brand from Good GlammThe buyback, which is expected to be primarily funded by the personal capital of Sirona's founders, is estimated at around Rs 150 crore, wh...
Priyanka Gill quits Kalaari Capital to launch lab-grown diamond brandThe new venture, named Coluxe, has secured early-stage funding from investors and plans to launch digitally in mid-2025, with retail expans...