L’Occitane has reinvested in the online beauty product seller and services provider, taking part in an $18.8m funding round that included Tano Capital selling $4.4m worth of stock.
India-based on-demand beauty services provider MyGlamm has collected Rs1.3bn ($18.8m) in a funding round backed by beauty product manufacturer L’Occitane, the Times of India reported today.
Venture capital firm Bessemer Venture Partners led the round, which was filled out by the Mankekar family office and valued the company at $72m.
The round included a secondary stake purchase from Tano Capital, which sold $4.4m worth of shares, according to Inc42.
MyGlamm provides an online platform that sells cosmetic products, as well…
