Good Glamm Group shifts gears: Cuts costs, eyes profitability ahead of stock exchange debut | Mint

Good Glamm Group shifts gears: Cuts costs, eyes profitability ahead of stock exc

 Darpan Sanghvi, group founder and chief executive officer, Good Glamm Group.
Darpan Sanghvi, group founder and chief executive officer, Good Glamm Group.

Summary

  • Implements efficiency measures, eyes profitability before going public

New Delhi: The Good Glamm Group, a beauty products and content company, has slashed marketing spending, withdrawn discounts and downsized its workforce over the past year to achieve profitability before listing on the stock exchanges in the latter half of 2025, said a top executive at the company.

The decision follows the firm’s acquisition spree between 2021 and 2022, picking up stakes in over 10 firms, including media platform ScoopWhoop, MissMalini and direct-to-consumer brand The Moms Co., besides rapidly growing its workforce and product portfolio. Good Glamm sells beauty and personal care products such as MyGlamm, St Botanica and Sirona.

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