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MyGlamm bags INR 33 Cr from existing investors via rights issue

Shortpedia

Content Team
Image Credit: shortpedia

Mumbai-based beauty marketplace MyGlamm has raised INR 33 Cr in Series B from its existing investors Tano India Private Equity, L’Occitane International, Bessemer India, Trifecta Venture Debt Fund II and the company’s founder Darpan Sanghavi through Rights Issue. MyGlamm has issued 6,592 Series B CCPS at a face value of INR 50K. The company had previously raised INR 100 Cr last year