The absence of a prominent leader other than Nykaa in the online space offers Reliance Retail's Tira brand sufficient headroom to position itself as a strong contender in India's burgeoning beauty and personal care industry
After investing Rs 750 crore for a series of acquisitions, Good Glamm Group's co-founders have earmarked Rs 1,000 crore raised in a Series D funding round for organic growth till they opt for an IPO
The company raised $50 million in the Series D funding round in May this year, at a valuation of $500 million led by the Asia fund of L Catterton, along with A91 Partners, Elevation Capital, and India Quotient