What is MYGLAMM?
Established in 2017 and headquartered in Maharashtra, India, MYGLAMM operates as a sophisticated online makeup brand that leverages a digital-first approach to provide on-demand beauty solutions. The company distinguishes itself through a data-driven model that integrates consumer feedback directly into product development, effectively bridging the gap between traditional retail and modern e-commerce. By maintaining a robust supply chain and a strong digital presence, MYGLAMM has captured significant market share, positioning itself as a leader in the evolving beauty and personal care sector.
How much funding has MYGLAMM raised?
MYGLAMM has raised a total of $238.7M across 6 funding rounds:
Angel/Seed
$2M
Series A
$6M
Unspecified
$5.4M
Series B
$4.3M
Series C
$71M
Series D
$150M
Angel/Seed (2015): $2M with participation from Tano Capital
Series A (2016): $6M led by L'Occitane en Provence, Brand Capital, and Tano Capital
Unspecified (2017): $5.4M supported by L'Occitane
Series B (2020): $4.4M, investors not publicly disclosed
Series C (2021): $71M backed by Wipro Consumer Care Sdn. Bhd, Amazon, Ascent Media Group LLC, and Accel
Series D (2021): $150M with participation from Ascent Capital Group, Mankekar Family Office, Prosus, Amazon, L'Occitane, Bessemer Venture Partners, Warburg Pincus, and Alteria Capital
Key Investors in MYGLAMM
Accel
Accel is a global venture capital firm that partners with exceptional teams from the inception of their ideas through all phases of private company growth.
Amazon
Amazon is a global e-commerce and cloud computing company that provides extensive marketplace platforms and digital services to consumers and enterprise clients worldwide.
Prosus
Prosus is a global consumer internet group and one of the largest technology investors in the world, focusing on high-growth markets and digital transformation.
What's next for MYGLAMM?
With the infusion of recent capital, MYGLAMM is well-positioned to accelerate its omnichannel growth strategy and deepen its technological infrastructure. The company is expected to focus on scaling its product portfolio, enhancing its supply chain logistics, and expanding its footprint in emerging markets. As it moves into this next phase of development, the firm will likely prioritize customer acquisition through personalized digital experiences and strategic brand partnerships, ensuring long-term sustainability and market leadership in the global beauty industry.
See full MYGLAMM company page
