MyGlamm gets additional Rs 355 crore in funding led by Accel

MyGlamm gets additional Rs 355 crore in funding led by Accel


MyGlamm gets additional Rs 355 crore in funding led by Accel
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The company is now valued at Rs 2,000 crore, almost three times more than its previous valuation of $100 million (Rs 745 crore), said people aware of the matter.
ETtech
Illustration: Rahul Awasthi
MyGlamm, an omnichannel direct-to-consumer beauty brand, has raised an additional Rs 355 crore in series C funding led by Accel, taking the total funds raised in the round to Rs 530 crore, making it the highest amount raised by a beauty brand in a series C round in India.
The company, which had
raised Rs 175 crore in March when the round opened, is now valued at Rs 2,000 crore, almost three times more than its previous valuation of $100 million (Rs 745 crore), said people aware of the matter.

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