Connect with us

Latest News

The Good Glamm Group Finalizes Full Acquisition of The Moms Co. to Strengthen Portfolio!

Published

on

The Good Glamm Group Finalizes Full Acquisition of The Moms Co. to Strengthen Portfolio!

The Good Glamm Group, a leading content-to-commerce unicorn, has finalized its acquisition of a 100% stake in The Moms Co., a prominent mother and baby care brand, for an undisclosed amount. This acquisition marks the culmination of a relationship that began nearly three years ago when Good Glamm first invested in the brand.

Acquisition History

In October 2021, Good Glamm acquired a majority stake in The Moms Co. through a cash-and-stock deal, which facilitated partial exits for the brand’s founders, Malika Sadani and Mohit Sadani, as well as full exits for investors like DSG Capital and Saama Capital. Over the past two years, Good Glamm systematically acquired the remaining shares held by the founders, completing the transaction earlier this week.

This recent development follows Good Glamm’s acquisition of feminine hygiene brand Sirona Hygiene for approximately ₹450 crore in an all-cash deal, which resolved disputes over pending payments. Sirona’s founders, Deep Bajaj and Mohit Bajaj, along with investor IAN, withdrew default notices after Good Glamm agreed to revised payment terms.

Strategic Growth Initiatives

Good Glamm has also increased its shareholding in other portfolio brands, including Organic Harvest and Winkl, as part of its strategy to consolidate its market position. The Moms Co. has experienced significant growth under Good Glamm’s ownership, particularly with its international expansion into the UAE, where its products are now sold in major retail chains like Carrefour and Lulu supermarkets. The brand is actively exploring entry into new international markets.

Founders’ Perspective

Malika Sadani and Mohit Sadani, who stepped down from operational roles a year after the initial acquisition, expressed optimism for the brand’s future. “It has been wonderful to see the Good Glamm team integrate The Moms Co. across various functions and grow the brand. We are excited for what lies ahead and wish the teams all the success in this next phase,” they stated.

Good Glamm Group’s Portfolio

The Good Glamm Group operates across multiple verticals within the beauty and personal care sector. Its portfolio includes notable brands such as MyGlamm, St Botanica, Organic Harvest, Sirona, and now The Moms Co. Additionally, its media arm, The Good Media Co., oversees digital properties like POPxo, ScoopWhoop, MissMalini, BabyChakra, and Tweak India. Meanwhile, The Good Creator Co. manages influencer collaborations and community engagement.

Backed by marquee investors including Warburg Pincus, Prosus Ventures, L’Occitane, Accel, and Amazon, the company raised $30 million in March 2024. In pursuit of profitability ahead of its planned IPO in 2025, Good Glamm has reduced marketing expenses, scaled back discounts, and downsized its workforce.

Leadership Changes and Future Outlook

However, the company has experienced significant leadership changes this year. Notably, former CEO of The Good Brand Co., Sukhleen Aneja, joined Nykaa, while Priyanka Gill, co-founder of Good Glamm’s media arm, moved to Kalaari Capital.

With a vision to become a comprehensive beauty and content powerhouse, Good Glamm continues to strengthen its market presence through strategic acquisitions and operational efficiency. Future initiatives for The Moms Co. include launching new products, expanding into additional international markets, and enhancing digital capabilities to maintain a competitive edge in the beauty and personal care industry.

In summary, this acquisition not only consolidates The Moms Co.’s position within Good Glamm’s portfolio but also reinforces Good Glamm’s commitment to driving innovation and growth in the D2C segment of the beauty market.

Continue Reading
Advertisement
3 Comments

3 Comments

  1. drover sointeru

    December 31, 2024 at 8:14 am

    I simply needed to say thanks yet again. I’m not certain the things I could possibly have accomplished without the actual tricks documented by you over this industry. It had become a very scary issue in my position, but encountering the specialized style you processed it forced me to leap with gladness. Now i am happier for your advice and thus expect you recognize what a great job your are getting into educating people today using your websites. I know that you haven’t got to know any of us.

  2. www.binance.com

    March 3, 2025 at 10:01 am

    Your point of view caught my eye and was very interesting. Thanks. I have a question for you.

  3. Gsotxmmw

    May 25, 2025 at 5:03 pm

    Explore the ranked best online casinos of 2025. Compare bonuses, game selections, and trustworthiness of top platforms for secure and rewarding gameplaycasino activities.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Dunzo Gets Breather as NCLT Rejects Insolvency Petition from Invoice Discounters

Published

on

Dunzo

The National Company Law Tribunal (NCLT) Bengaluru bench has dismissed an insolvency plea filed against quick commerce startup Dunzo by its invoice discounters, declaring the petition “not maintainable” after several postponements. This decision offers temporary relief to Dunzo, which has been facing multiple insolvency petitions from various creditors, including Velvin Packaging Solutions and Betterplace Safety Solutions, over unpaid dues.

The invoice discounters alleged that Dunzo had paid only 50% of the required amounts, though the exact sum was not disclosed. Despite ongoing settlement talks, no resolution was reached, and the tribunal noted Dunzo’s delays in responding to creditor petitions. Dunzo continues to grapple with severe liquidity issues, delayed payments, and significant losses—reporting a ₹1,801.8 crore loss in FY23 and owing approximately ₹11.4 crore to major vendors like Google India and Facebook India.

While this NCLT ruling provides Dunzo some breathing room, the company still faces ongoing financial and operational challenges as it works to resolve its outstanding liabilities.

Continue Reading

Latest News

How a Golden Retriever Became the Heart and Soul of a Hyderabad Startup’s Workplace

Published

on

Golden Retriever in workplace

Hyderabad-based startup Harvesting Robotics has won hearts online by appointing a golden retriever named Denver as its Chief Happiness Officer (CHO). Denver, introduced by co-founder Rahul Arepaka in a viral LinkedIn post, has quickly become the star of the office, spreading joy and boosting morale among employees. The company is now officially pet-friendly, a move Arepaka calls their “best decision.”

Denver’s new role has sparked widespread attention, with thousands liking and commenting on the announcement. Many see Denver’s presence as more than just a cute story—it highlights a growing trend of pet-friendly workplaces that prioritize employee well-being and happiness. As companies increasingly focus on holistic wellness, Denver’s appointment shows that sometimes, a wagging tail is the best way to brighten the workday.

Continue Reading

Inverstors Stories

Info Edge Shareholders Approve ₹1,000 Crore Investment in New Venture Fund

Published

on

Info Edge

Info Edge (India) Ltd shareholders have overwhelmingly approved an investment of up to ₹1,000 crore in the company’s third venture capital fund, Info Edge Ventures Fund III. The proposal received near-unanimous backing, with 99.9995% of valid votes in favor out of 1,274 participants.

Smartweb Internet Services Ltd, a wholly owned Info Edge subsidiary, will act as sponsor and investment manager for the new fund. This move strengthens Info Edge’s commitment to backing early-stage startups and expanding its footprint in India’s venture capital landscape.

Info Edge has a strong track record as an early investor in leading Indian startups like Zomato and PB Fintech, with combined holdings in these firms valued at ₹31,500 crore ($3.7 billion) as of March 31, 2025.

Continue Reading
Advertisement

Recent Posts

Advertisement