Myglamm’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: Sanghvi Beauty & Technologies Private Limited | CIN: U72900PN2015PTC156163
MyGlamm, under The Good Glamm Group umbrella, has rapidly grown into one of India's leading beauty and personal care brands. Founded by Priyanka Gill, Darpan Sanghvi, and Naiyya Saggi, the company leverages content-to-commerce strategies to engage millions of consumers. By integrating direct-to-consumer retail, influencer-led marketing, and community-driven content platforms, MyGlamm has built a robust omnichannel presence. Their product portfolio spans across skincare, cosmetics, and personal care, enabling them to tap into diverse beauty needs of Indian consumers. Backed by strong investor support and strategic acquisitions, MyGlamm aims to continue its aggressive expansion domestically and internationally. With rapid revenue growth and evolving operational efficiencies, MyGlamm is set to shape the future of beauty commerce in India.
| Founded | 2017 |
|---|---|
| Headquarters | Mumbai, India |
| Valuation | ~$1.2 billion |
| Annual Revenue (FY24 est.) | ₹400 Cr |
| Net Loss (FY24 est.) | ₹250 Cr |
| Employees | ~1200 |
| Round | Year | Amount | Investors |
|---|---|---|---|
| Series A | 2018 | ₹35 Cr | L'Occitane, Bessemer Venture Partners |
| Series B | 2020 | ₹175 Cr | Bessemer Venture Partners, Amazon |
| Series C | 2021 | ₹530 Cr | Prosus Ventures, Warburg Pincus, Trifecta |
MyGlamm's revenue surged from ₹120 Cr in FY22 to ₹400 Cr in FY24. While losses remain, the company is actively working on operational efficiencies and product line expansion to achieve profitability in the near future.
EBITDA margins improved from -45% in FY22 to -18% in FY24 due to better cost control and higher direct-to-consumer sales share, highlighting a path toward future profitability.
With a workforce now around 1200 employees, MyGlamm has scaled its team to support expanded operations, retail footprints, and enhanced digital initiatives.
- Expand offline retail presence across tier-2 and tier-3 cities
- Launch new premium and skincare product lines
- Strengthen direct-to-consumer and influencer commerce channels
- IPO considerations post-2026 to accelerate international growth
MyGlamm recently announced plans to expand into Southeast Asian markets, partnering with local influencers and distribution networks to drive growth and brand visibility internationally.
| Metric | Detail |
|---|---|
| Revenue FY24 | ₹400 Cr – Strong growth trajectory |
| Net Loss FY24 | ₹250 Cr – High but improving losses |
| EBITDA Margin | -18% – Gradual improvement |
| Valuation | ~$1.2B – Backed by strong investors |
| Employees | ~1200 – Enabling aggressive expansion |
MyGlamm has established itself as a leading beauty and personal care brand in India through its innovative content-to-commerce approach. With strong revenue growth, evolving efficiencies, and ambitious expansion plans, MyGlamm is poised for significant long-term impact. Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.
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