Friday, April 26

Tag: beauty care

Amazon Steps Forward, Plans To Launch Its Own Beauty Products
News

Amazon Steps Forward, Plans To Launch Its Own Beauty Products

Amazon India is ready to launch its beauty and personal care products, thus giving a cut-throat competition to other major Online beauty stores such as Nykaa, Purplle, Slassy, Jabong, Myntra etc. Previously Flipkart-owned Myntra has also announced to launch its own brand of Beauty and cosmetics products. Leaving no stones unturned, the top two businesses have acquired a much larger share of clients in the market. A person close to the development said "Amazon India is talking to contract manufacturers and will be launching private labels (in-house brands) in a few categories within skin care and makeup". Amazon India and Flipkart have been interested in the women oriented market as the cosmetics and beauty care line has taken a plunge of growth in the last few years. With other online co...
MyGlamm Raises 40 Cr ($6mn) From LOccitane Intl, Tano Cap, Brand Cap
FUNDING

MyGlamm Raises 40 Cr ($6mn) From LOccitane Intl, Tano Cap, Brand Cap

On demand beauty services startup MyGlamm has raised USD 6 million (about Rs 40 crore) from global beauty giant- LOccitane International, US-based PE fund Tano Capital and Brand Capital. "MyGlamm will be growing across India and also has global expansion plans with a rollout planned in eight more cities in the country along with a launch in the Middle East," MyGlamm Founder Darpan Sanghvi said in a statement today. The strategic support of LOccitane in MyGlamms growth will also be a big differentiator over the competition, he added. Launched in 2015, MyGlamm offers beauty service at home, which includes basic grooming like waxing and threading to more elaborate requirements like bridal makeovers, mehendi, and spas. It is doing 600 services a day, the company said. At pr...