Accel, Prosus, Bessemer directors quit Good Glamm board amid cash crunch

Share via:


Representatives of investment firms Accel, Prosus Ventures and Bessemer Venture Partners have stepped down from the board of Good Glamm Group, in a fresh setback for the cash-crunched beauty and personal care firm.Accel partner Anand Daniel, Bessemer partner Vishal Gupta and Gaurav Kothari, a principal at Prosus Ventures, resigned as independent directors in December, according to Good Glamm Group’s filings with the Ministry of Corporate Affairs.

The resignations come at a turbulent time for the Mumbai-based company, which has been battling a fund…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

admin
admin
Hi! This is Admin.

Popular

More Like this

Accel, Prosus, Bessemer directors quit Good Glamm board amid cash crunch


Representatives of investment firms Accel, Prosus Ventures and Bessemer Venture Partners have stepped down from the board of Good Glamm Group, in a fresh setback for the cash-crunched beauty and personal care firm.Accel partner Anand Daniel, Bessemer partner Vishal Gupta and Gaurav Kothari, a principal at Prosus Ventures, resigned as independent directors in December, according to Good Glamm Group’s filings with the Ministry of Corporate Affairs.

The resignations come at a turbulent time for the Mumbai-based company, which has been battling a fund…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

admin
admin
Hi! This is Admin.

More like this

Decoding agentic AI gold rush

About a dozen startups had set up stalls...

Microsoft pulls back from more data center leases in...

Tech giant's withdrawal from new capacity leasing was...

Observe.AI transforms contact centers with cutting-edge voiceAI for unmatched...

The cloud-based contact center market is expected to...

Popular

Upcoming Events

Try out this iOS 19 mockup on your iPhone...

We’ve been talking a lot about iOS 19...

Zaggle Prepaid eyes expansion with strategic acquisitions

Zaggle Prepaid Ocean Services is set for an...

Cerebras Systems: Redefining AI computing with the world’s largest...

At Web Summit Qatar 2025, Andrew Feldman, CEO...
afg afg afg afg afg afg ADGF ADGF ADGF ADGF ADGF ADGF ADGF ERQW DAS VBXZC ERQW DAS ERQW DAS VBXZC ERQW DAS ERQW DAS VBXZC ERQW DAS ERQW DAS VBXZC ERQW DAS ERQW DAS VBXZC ERQW DAS ERQW DAS VBXZC ERQW DAS hack instagram account hack instagram account hack instagram account hack instagram account hack instagram account hack instagram account hack instagram account hack instagram account hack instagram account hack instagram account