MyGlamm raised Rs 13.5 Cr in debt and equity from Trifecta Capital

Online beauty marketplace MyGlamm raised INR 12 Cr by allotting 120 debentures at a price of INR 10 Lakh per debenture to Trifecta & has also issued 81 preference shares and one equity share to Trifecta for INR 1.5 Cr and INR 187K respectively. The price per share for this deal stood at INR 187K.

MyGlamm is an online beauty products marketplace. The company has bet on collaborations with high-profile celebrity stylists and designers such as Manish Malhotra, Daniel Bauer, Sidharth Malhotra and others to grab eyeballs.

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