About MyGlamm
MyGlamm is a company based in Mumbai (India) founded in 2015 by Priyanka Gill, Darpan Sanghvi, and Naiyya Saggi. It operates as a D2C, and B2C. MyGlamm has raised $105.68 million across 6 funding rounds from investors including Amazon, L'Occitane and Bessemer Venture Partners. MyGlamm has completed 2 acquisitions, including BabyChakra and POPxo. MyGlamm offers products and services including Liquid Lipstick, Foundation, Eyeliner, Nail Polish, and Skincare Serum. MyGlamm operates in a competitive market with competitors including Mamaearth, WOW Skin Science, Plum, Minimalist and Juicy Chemistry, among others.
- Headquarter Mumbai, India
- Founders Priyanka Gill, Darpan Sanghvi, Naiyya Saggi
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Sectors
Retail
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$105.68 M (USD)
in 6 rounds
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Latest Funding Round
$13.55 M (USD), Series C
Sep 28, 2021
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Investors
Amazon
& 10 more
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Employee Count
Employee Count
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Investments & Acquisitions
BabyChakra
& 1 more
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Products & Services of MyGlamm
MyGlamm offers a comprehensive portfolio of products and services, including Liquid Lipstick, Foundation, Eyeliner, Nail Polish, and Skincare Serum. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Long-lasting matte lipstick for vibrant lip color.
Base product for even skin tone and coverage.
Waterproof liner for defining eye contours.
Colorful polish for nail enhancement and style.
Product for moisturizing and improving skin health.
Funding Insights of MyGlamm
MyGlamm has successfully raised a total of $105.68M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $13.55 million completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series C — $13.5M
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First Round
First Round
(07 Apr 2016)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Debt – Conventional - MyGlamm | Valuation |
investors |
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| Sep, 2021 | Amount | Series C - MyGlamm | Valuation | Trifecta Capital |
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| Jul, 2021 | Amount | Series C - MyGlamm | Valuation | Accel |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MyGlamm
MyGlamm has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Amazon, L'Occitane and Bessemer Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private debt and equity funds are managed for technology sectors.
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Founded Year | Domain | Location | |
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Venture debt is provided to growth-stage companies for business scaling.
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Founded Year | Domain | Location | |
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MyGlamm
MyGlamm has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include BabyChakra and POPxo. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online parenting platform for pregnancy advice and childcare is operated.
|
2014 | ||||
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Provides content platform for lifestyle/fashion, beauty, and health topics
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - MyGlamm
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Myglamm Comparisons
Competitors of MyGlamm
MyGlamm operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mamaearth, WOW Skin Science, Plum, Minimalist and Juicy Chemistry, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online brand offering multi-category natural skin care and makeup products
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| domain | founded_year | HQ Location |
Organic beauty products are offered by an internet-first brand.
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| domain | founded_year | HQ Location |
Vegan skincare, haircare, and body care products are provided.
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| domain | founded_year | HQ Location |
Manufacturer of skincare, haircare, and baby care products addressing various skin and hair concerns
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| domain | founded_year | HQ Location |
Natural skin and hair care products are sold online.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Myglamm
Frequently Asked Questions about MyGlamm
When was MyGlamm founded?
MyGlamm was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is MyGlamm located?
MyGlamm is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of MyGlamm?
Darpan Sanghvi is the current CEO of MyGlamm. They have also founded this company.
Is MyGlamm a funded company?
MyGlamm is a funded company, having raised a total of $105.68M across 6 funding rounds to date. The company's 1st funding round was a Series C of $47.67M, raised on Apr 07, 2016.
What does MyGlamm do?
MyGlamm operates an online store specializing in beauty and cosmetics products, including lipsticks, foundations, and skincare items. Based in India, it allows customers to purchase items like eyeliners and nail polishes through its website with fast delivery options. The platform focuses on direct sales to individual consumers, offering a wide range of makeup and personal care essentials for everyday use.
Who are the top competitors of MyGlamm?
MyGlamm's top competitors include Mamaearth, Deconstruct and Minimalist.
What products or services does MyGlamm offer?
MyGlamm offers Liquid Lipstick, Foundation, Eyeliner, Nail Polish, and Skincare Serum.
How many acquisitions has MyGlamm made?
MyGlamm has made 2 acquisitions, including BabyChakra, and POPxo.
Who are MyGlamm's investors?
MyGlamm has 11 investors. Key investors include Amazon, L'Occitane, Bessemer Venture Partners, Accel, and Wipro.
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