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...