Sirona Founders In Final Leg Of Buying Back Company From Good Glamm

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SUMMARY

The buyback deal, valued at approximately INR 150 Cr, will be primarily financed through the founders’ personal capital

Mumbai-based Good Glamm Group acquired Sirona in October 2024 for INR 450 Cr

Over the past year, The Good Glamm Group has faced a series of setbacks despite its ambitious claims of profitability, IPO plans, and international expansion. The reality has been far from its optimistic projections

Sirona founders Deep Bajaj and Mohit Bajaj are reportedly in the final stages of buying back the feminine…



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Sirona Founders In Final Leg Of Buying Back Company From Good Glamm


SUMMARY

The buyback deal, valued at approximately INR 150 Cr, will be primarily financed through the founders’ personal capital

Mumbai-based Good Glamm Group acquired Sirona in October 2024 for INR 450 Cr

Over the past year, The Good Glamm Group has faced a series of setbacks despite its ambitious claims of profitability, IPO plans, and international expansion. The reality has been far from its optimistic projections

Sirona founders Deep Bajaj and Mohit Bajaj are reportedly in the final stages of buying back the feminine…



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.

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