What is MYGLAMM?
MYGLAMM operates as a sophisticated online makeup and beauty brand, leveraging a digital-first approach to provide consumers with on-demand access to premium cosmetic products. Headquartered in Maharashtra, India, the company has effectively bridged the gap between traditional beauty retail and modern e-commerce convenience. By integrating data-driven insights with a robust supply chain, MYGLAMM has established a formidable market position, catering to the evolving preferences of the contemporary Indian consumer. The company's business model is characterized by its agility, allowing for rapid product iteration and personalized customer experiences that differentiate it from legacy beauty conglomerates.
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 Tano Capital, Brand Capital, and L'Occitane en Provence
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, Ascent Media Group LLC, Amazon, and Accel
Series D (2021): $150M with participation from Amazon, L'Occitane, Alteria Capital, Mankekar Family Office, Warburg Pincus, Ascent Capital Group, Bessemer Venture Partners, and Prosus
Key Investors in MYGLAMM
Amazon
Amazon is a global e-commerce and cloud computing leader that provides extensive retail platforms and infrastructure services to support the growth of digital-first enterprises.
Warburg Pincus
Warburg Pincus is a leading global private equity firm renowned for its expertise in growth investing and supporting management teams in building sustainable, long-term success.
Prosus
Prosus is a global consumer internet group and one of the world's largest technology investors, focusing on high-growth markets and digital transformation.
What's next for MYGLAMM?
With the successful closure of its latest funding round, MYGLAMM is well-positioned to accelerate its strategic objectives, focusing on deeper market penetration and technological innovation. The influx of capital will likely be deployed toward expanding its omnichannel presence, enhancing its proprietary digital platform, and potentially exploring new product categories within the broader wellness and personal care sectors. As the company matures, the focus will shift toward sustainable growth, operational efficiency, and maintaining its competitive edge in an increasingly crowded beauty-tech ecosystem. The continued support from global investors suggests a long-term commitment to scaling the brand into a dominant force in the regional and potentially international beauty markets.
See full MYGLAMM company page
