This clearly shows the company's intent to do something big in the market.The venture was launched 2 years back but it was a bit slow due to covid.
2500 Cr from operations with a profit of approx Rs.
It is valued at Rs 40,000 Crores at a 645 P/E multiple.It has 1500 Plus Brands on board with them along with 70 plus offline stores.
It is a 9 year old venture and has raised close to Rs.
Another Player My Glamm has been valued at approximately Rs.
22 Crore recently for promotion and scaling up of tech platforms.The strength is mainly coming from the cash business of event management and the digital platform was built through internal accruals and has not been burning cash.