# The Good Glamm Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/the-good-glamm-group

- Industry: Consumer Products
- Headquarters: New Delhi, India
- Website: https://goodglamm.com/
- Total disclosed funding: $322M
- Latest round: Series D (Jun 2, 2023)
- Investors on record: 28

## About

The Good Glamm Group, based in India, is a digital-first beauty and personal care conglomerate focused on delivering innovative products and solutions that cater to diverse consumer needs in the beauty sector.Founded in 2021 and headquartered in New Delhi, India, The Good Glamm Group operates as a digital beauty and personal care company that develops and distributes a variety of beauty products. The company has successfully completed 25 deals to date. The founders, Naiyya Saggi and Priyanka Gill, have prior entrepreneurial experience, further enhancing the company’s strategic vision. In its most recent funding round in January 2024, The Good Glamm Group raised INR 2.43 billion (USD 29.43 mn) in Series E funding, led by Warburg Pincus with participation from notable investors such as Amazon, Accel, and Bessemer Venture Partners. This funding round brings the total amount raised by the company to INR 2.43 billion (USD 29.43 mn) and values the company at INR 116.33 billion (USD 1.41 bn).The Good Glamm Group, through its subsidiary Sanghvi Beauty and Technologies Private Limited, emphasizes delivering innovative beauty and personal care solutions designed to meet various consumer needs. Its offerings include advanced beauty products, supported by product development and distribution services that cater to both individual consumers and retail partners. The company's products are tailored for a wide demographic, ranging from beauty enthusiasts to professional salons and retail clients across urban and suburban markets.In 2023, The Good Glamm Group reported a revenue of INR 75,164,525.90 (USD 0.91 mn) with an EBITDA of INR -101,333,854.50 (USD -1.23 mn), indicating operational costs exceeding revenue during that period.In January 2024, The Good Glamm Group secured INR 2.43 billion (USD 29.43 mn) in Series E funding, which will be utilized to support operational costs and working capital requirements. The company plans to expand its product line with new innovative beauty solutions and aims to penetrate new geographic markets, potentially targeting urban areas in Southeast Asia by the end of 2024. This strategic expansion seeks to capitalize on increasing demand for beauty and personal care products in emerging markets.

## Funding rounds

- Series D, Jun 2, 2023, $39M — Accel, Ascent Capital, Bessemer Venture Partners, Orios Venture Partners, Trifecta Capital, L'Occitane International S.A., Prosus Ventures, MissMalini Entertainment Pvt Ltd
- Series D, Feb 21, 2023, $3M — Hong Shan, Leo Fund Managers, Trifecta Capital, Stride Ventures, InfoEdge Ventures
- Series D, May 12, 2022, $1.4M — GVFL, Bessemer Venture Partners, Times Internet Limited
- Series D, Dec 24, 2021, $135M — Warburg Pincus, Ascent Capital, Bessemer Venture Partners, L'Occitane International S.A., Prosus Ventures, Alteria Capital, Stride Ventures, Amazon, Mankekar Family Office
- Series C, Sep 23, 2021, $15M — Trifecta Capital, Alteria Capital, Stride Ventures
- Series C, Jul 30, 2021, $35M — Accel, Ascent Capital, Bessemer Venture Partners, Trifecta Capital, L'Occitane International S.A., Stride Ventures, Amazon, Mankekar Family Office
- Series C, Jul 26, 2021, $48M — Accel, Ascent Capital, Bessemer Venture Partners, Trifecta Capital, L'Occitane International S.A., Stride Ventures, Amazon, Mankekar Family Office
- Series C, Mar 18, 2021, $20M — Ascent Capital, Bessemer Venture Partners, Kalaari Capital, Chiratae Ventures, Shinhan Venture Investment, Trifecta Capital, Tano Capital, Wipro Ventures, L'Occitane International S.A., Amazon, Mankekar Family Office
- Series B, Jun 25, 2020, $4.7M — Bessemer Venture Partners, Kalaari Capital, IDG Ventures India Advisors, Trifecta Capital, Vistra ITCL, Tano Capital, L'Occitane International S.A., Summit Publishing Inc., Neoplux
- Series B, Feb 26, 2020, $0.2M — Trifecta Capital
- Series B, Jun 21, 2019, $15M — Bessemer Venture Partners, L'Occitane International S.A., Mankekar Family Office
- Series A, Apr 7, 2016, $6M — Brand Capital, Tano Capital, L'Occitane International S.A.

## Investors

- Brand Capital (https://capitalatlas.ai/funds/brand-capital) — Series A
- Tano Capital (https://capitalatlas.ai/funds/tano-capital) — Series A, Series B, Series C
- L'Occitane International S.A. — Series A, Series B, Series C, Series D
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series B, Series C, Series D
- Mankekar Family Office — Series B, Series C, Series D
- Trifecta Capital (https://capitalatlas.ai/funds/trifecta-capital) — Series B, Series C, Series D
- Kalaari Capital (https://capitalatlas.ai/funds/kalaari-capital) — Series B, Series C
- IDG Ventures India Advisors — Series B
- Vistra ITCL — Series B
- Summit Publishing Inc. — Series B
- Neoplux — Series B
- Ascent Capital (https://capitalatlas.ai/funds/ascent-capital) — Series C, Series D
- Chiratae Ventures (https://capitalatlas.ai/funds/chiratae-ventures) — Series C
- Shinhan Venture Investment (https://capitalatlas.ai/funds/shinhan-venture-investment) — Series C
- Wipro Ventures (https://capitalatlas.ai/funds/wipro-ventures) — Series C
- Amazon (https://capitalatlas.ai/funds/amazon) — Series C, Series D
- Accel (https://capitalatlas.ai/funds/accel) — Series C, Series D
- Stride Ventures — Series C, Series D
- Alteria Capital (https://capitalatlas.ai/funds/alteria-capital) — Series C, Series D
- Warburg Pincus (https://capitalatlas.ai/funds/warburg-pincus) — Series D
- Prosus Ventures (https://capitalatlas.ai/funds/prosus-ventures) — Series D
- GVFL (https://capitalatlas.ai/funds/gvfl) — Series D
- Times Internet Limited — Series D
- Hong Shan — Series D
- Leo Fund Managers (https://capitalatlas.ai/funds/leo-fund-managers) — Series D
- InfoEdge Ventures (https://capitalatlas.ai/funds/infoedge-ventures) — Series D
- Orios Venture Partners (https://capitalatlas.ai/funds/orios-venture-partners) — Series D
- MissMalini Entertainment Pvt Ltd — Series D
