Good Glamm eyes funding of $60 mn

Good Glamm Group, the direct-to-consumer (D2C) beauty and personal care conglomerate, is planning to raise its Series E round of funding, in what will be mostly utilized by the firm as growth capital, at least two people aware of the development told VCCircle.

- Debjyoti Roy

The content-to-commerce unicorn, which was valued at $1.2 billion in November 2021 when it raised $150 million (1,110 crore) in a Series D round, is planning to raise around 500 crore ($60 million) in funding in this transaction, one of the individuals said.

The second person said that the company's top-rung existing investors are also likely to participate in this round. The firm counts Warburg Pincus and Prosus Ventures, which had led the Series D round, among its prominent investors in its captable.