Tuesday, April 16, 2024
Outlook.com
Outlook India
Outlook Business

Sugar Cosmetics

The beauty services startup aims to achieve 1 million bookings per month in the next five years

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

The start-up received offers from 4 out of 5 sharks owing to its unique proposition and robust financials

The direct-to-consumer brand’s total expenses skyrocketed 4.4X to Rs 479.77 crore from Rs 108.58 crore in FY21

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 aims to utilise this capital to diversify its product portfolio and marketing initiatives

Direct-to-consumer brands are banking on short videos to engage and retain consumers in the fickle world of online shopping

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