Bengaluru: Silicon Valley-based venture capital firm Bessemer Venture Partners, early backer of companies like Pinterest and LinkedIn, is leading a Rs 130-crore round of investment in online direct-to-consumer cosmetics brand MyGlamm, as investor interest in the beauty market picks up. The round has also seen participation from French cosmetics giant L’Occitane and well known public market investor, the Mankekar family.

— The Times of India

AZB & Partners advised Kedar Mankekar and his family led by a team of partner Anand Shah, senior counsel Shriram Shah.

2019-06-21

Deal value: INR 1.3 Billion / USD 19 Million

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