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PURPLLE AND MYGLAMM
Pilgrim reports four-fold jump in revenues in FY23 but losses soarIn the fiscal year 2022-23, Pilgrim, a direct-to-consumer personal care brand, reported a significant increase in operating revenue, soarin...- Beauty brand Pilgrim’s revenue grows four-fold, losses tripleThe D2C personal care brand’s net loss tripled as expenses almost touched Rs 100 crore.
- What's powering Good Glamm Group's buying spree?In the last 12 months alone, The Good Glamm Group has mopped up almost Rs 1,885 crore across three funding rounds and acquired nine brands,...
- Reliance readies Nykaa rival using two of its startup acquisitionsReliance Industries’ omnichannel beauty platform, which will rival Nykaa, is being jointly developed by two of its recent acquisitions—reta...
- D2C brand Mamaearth acquires content platform MompressoThis comes on the back of a spate of consolidation in the broader D2C segment led by The Good Glamm group which has acquired a bunch of sma...
- 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...
- The Good Glamm Group acquires talent management network MissMaliniThis is the fifth acquisition by the group this year after The Mom’s Co, Baby Chakra, ScoopWhoop and PopXo.
- Good Glamm Group bags $150 million funding at $1.2 billion valuationThe funding round catapults the consumer brand firm into an ever-growing tribe of Indian unicorns, which are privately held startups with a...
- Beauty brand MyGlamm acquires The Moms Co for Rs 500 crore in big consolidation moveThough the companies declined to comment on the financial contours of the deal, sources in the know said the transaction — a mix of cash an...
- MyGlamm gets additional Rs 255 crore funding as part of Series C roundOf the latest tranche of Rs 255 crore, Rs 100 crore in equity funding has come from Trifecta Capital’s newly raised late-stage equity fund,...
- Tata Digital is set to launch a Nykaa rivalTata Digital's online store for cosmetics and personal care products will be separate from Tata Cliq and existing ecommerce verticals such ...
- Minimalist raises $15 million from Sequoia India, Unilever VenturesSkincare startup Minimalist will use the funding for global expansion, besides enhancing infrastructure, R&D capabilities and content curat...
- MyGlamm gets additional Rs 355 crore in funding led by AccelThe company is now valued at Rs 2,000 crore, almost three times more than its previous valuation of $100 million (Rs 745 crore), said peopl...
- Bella Vita Organic raises $10 million from Ananta CapitalBella Vita Organic is on track to achieve Rs 100 crore in annualised revenue run rate. The company has been profitable since inception.
- Mamaearth eyes $80-100 million at $350-400 million valuationMamaearth began with a focus on baby-care products, but has pivoted to become a personal care brand. Sequoia and Fireside may lead round, p...
- As Purplle raises $45 million, early investor IvyCap clocks 22X gainsThis partial exit has helped the fund generate 1.35 times its entire Fund 1 value of Rs 240 crore, which it raised in 2013 from various dom...
- Govt's plan to bypass encryptionIn today's ETtech Morning Dispatch newsletter: The government wants WhatsApp to assign an alpha-numeric hash to every message sent through ...
- Amazon backs MyGlamm in first consumer brand bet in IndiaMyGlamm, which competes with Nykka, Purplle, Plum and Juicy in India’s online cosmetics space, has raised Rs 175 crore in a series C fundin...
- Juicy Chemistry raises $6.3 million in Series A funding roundJuicy Chemistry, which competes with Nykaa, Plum and Purplle in India’s online personal care products space, plans to use the funding from ...
- How some online beauty services are trying to draw users away from brick-and-mortar salonsBeauty services is a highly specialised field and hyperlocal startups don’t have the skills on their own to be successful in this space.
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