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SIRONA ACQUISITION
Too much, too fast, too big: Good Glamm CEO on what went wrongFounder Darpan Sanghvi's comments come days after lenders moved to enforce charges on the company’s individual brands, effectively dismantl...- Inside Good Glamm’s collapse: A timeline of how the crisis unfoldedThe Good Glamm Group’s strategy to build a ‘house of brands’ has come to an abrupt halt as lenders enforce their charge on its individual b...
- 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 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...
- 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 ...
- Good Glamm Group completes buyout of feminine hygiene brand Sirona for Rs 450 croreIn 2022, Good Glamm announced the purchase of a partial stake in Sirona for Rs 100 crore. The all-cash deal had faced legal scrutiny after ...
- 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...
- Lenskart’s IPO plans; Pay hikes at TCSHappy Monday! Lenskart is gearing up for an IPO that could value the company at twice its previous funding round. This and more in today’s ...
- Accel, Prosus, Bessemer directors quit Good Glamm board amid cash crunchAccording to filings by Good Glamm Group with the Ministry of Corporate Affairs, Anand Daniel from Accel, Vishal Gupta from Bessemer, and G...
- Good Glamm Group completes 100% acquisition of The Moms Co“In October 2021, the Good Glamm Group acquired a majority stake in The Moms Co through a cash-and-stock deal, leading to partial exits for...
- The Good Glamm Group completes acquisition of The Moms CoThe Good Glamm Group has fully acquired The Moms Co after acquiring a majority stake in 2021. The Moms Co founders have transitioned out of...
- Online festive sales at $6.5 billion; Ratan Tata’s startup storyHappy Friday! Ecommerce platforms clocked a 26% on-year jump in festive sales. This and more in today’s ETtech Morning Dispatch.
- Good Glamm initiates arbitration against portfolio company investor IAN: sourcesLegal issues have intensified for Good Glamm group as disputes over payments and investments have emerged. The company has initiated arbitr...
- Sirona Hygiene buys sexual wellness company Bleu"The acquisition of Bleu is in sync with Sirona's objective of creating a portfolio of feminine care products in the sexual wellness space,...
- Good Glamm-backed Sirona Hygiene acquires sexual wellness brand Bleu in all-cash dealThis is the second all-cash acquisition deal for Good Glamm Group-backed Sirona Hygiene in a year after it acquired self-defense brand Impo...
- Good Glamm to take beauty brands to international offline retailThe move is in line with Good Glamm wanting to compete with traditional fast moving consumer goods companies, which themselves have been ta...
- Sirona Hygiene acquires women’s safety brand Impower in an all-cash dealSirona, a fem-tech company that sells feminine hygiene products, will foray into the female safety segment with the acquisition.
- Good Glamm acquires majority stake in Sirona in Rs 100-crore dealWith Sirona Hygiene's acquisition, The Good Glamm Group will enter the female hygiene segment. It has acquired five brands—Baby Chakra, The...
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