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New Deal


Announced

Completed

Prosus Ventures and Warburg Pincus led a $150m Series D round in Good Glamm Group.

Financials

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Transaction Value£110m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Friendly

India

Venture Capital

Private Equity

Acquisition

marketplace

Single Bidder

Private

E-commerce

Minority

Cross Border

e-commerce

Synopsis

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Prosus Ventures, a venture investing arm of Prosus, and Warburg Pincus, a private equity firm, led a $150m Series D round in Good Glamm Group, an online beauty products marketplace. Additional investors included Alteria Capital, L’Occitane, Bessemer Venture Partners, Amazon, Ascent Capital, the Mankekar Family and Stride Ventures. “Entering the Unicorn Club marks Day one for all of us at the Good Glamm Group. And we couldn’t be more excited and privileged to embark on the journey from 1 to 10, with Prosus and Warburg, who bring incredible strength and experience to our company," Darpan Sanghvi, Good Glamm Group Founder and CEO.

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