Good Glamm Group bags $150 million funding led by Prosus Ventures

The Good Glamm Group, which houses direct-to-consumer (D2C) brands in the beauty and personal care segment, has raised $150 million (Rs 1,110 crore) from investors led by South Africa’s Prosus Ventures (previously Naspers) and private equity major Warburg Pincus.

The funding round catapults the consumer brand firm into an ever-growing tribe of Indian unicorns, which are privately held startups with a valuation of $1 billion or more.