MyGlamm’s Investment Round

IndusLaw advised Accel India on the deal, while Shardul Amarchand Mangaldas & Co. advised Sanghvi Beauty & Technologies.

MyGlamm raised $71.3 million in a financing round as the Mumbai-headquartered firm looks to scale its business across the South Asian market.

MyGlamm is a direct-to-consumer beauty brand in India that sells most of its products through its own website, app and retail touch points.

Accel led the investment in the new tranche and existing MyGlamm investors – Bessemer Venture Partners, L’Occitane, Ascent, Amazon, Mankekar family, Trifecta and Strides Venture – also participated.

The IndusLaw team was led by Partner Anindya Ghosh (Picture), Pavani Nath (Senior Associate), Aditi Sanghi (Associate), Priya Udita (Associate) and Shreyas Bapat (Associate).

The Shardul Amarchand Mangaldas & Co team consisted of Abhishek Guha (Partner), Tanya Uppal (Partner) and Shubhi Pahwa (Senior Associate), Parshva Doshi (Associate) and Amrita Ghosh (Associate)

Involved fees earner: Shreyas Bapat – IndusLaw; Anindya Ghosh – IndusLaw; Pavani Nath – IndusLaw; Aditi Sanghi – IndusLaw; Priya Udita – IndusLaw; Parshva Doshi – Shardul Amarchand & Mangaldas & Co.; Amrita Ghosh – Shardul Amarchand & Mangaldas & Co.; Abhishek Guha – Shardul Amarchand & Mangaldas & Co.; Shubhi Pahwa – Shardul Amarchand & Mangaldas & Co.; Tanya Uppal – Shardul Amarchand & Mangaldas & Co.;

Law Firms: IndusLaw; Shardul Amarchand & Mangaldas & Co.;

Clients: Accel India; Sanghvi Beauty & Technologies ;

Author: Sonia Carcano