Wipro has returned to back a $47.6m second close for the Amazon, L’Occitane and Times Group-backed beauty service provider’s series C round at a reported $300m valuation.
India-based beauty services marketplace MyGlamm has received Rs 3.55bn ($47.6m) from investors including IT services firm Wipro, to take its series C round to $71m, Financial Express reported on Tuesday.
The tranche was led by venture capital firm Accel and backed by Bessemer Venture Partners (BVP), Strides Ventures and Trifecta Capital. It valued the company at about $300m post-money, people familiar with the matter told FE.
The extra funding came after a $24m first close for the round in…
