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The Ken

@TheKenWeb

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linkhttp://the-ken.com calendar_today21-06-2016 07:20:50

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But IIT Bombay’s data flip-flop might have actually yielded something positive.

Olina Banerji explains how in this week's Ed Set Go.

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The IIT Bombay placement story changed over three months.

On 5 Jan, IIT Bombay announced that 85 students—out of 2,000 who opted for placements—had received a Rs 1 crore salary package.

Five days later, it had to recant—22, not 85, students had received offers over Rs 1 crore.

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The deadline to buy residual stakes worth US$18 million in three of its portfolio brands has passed, reports Aakriti Bhalla.

Further, everyone knows that the D2C party is long over. So, what’s left in Good Glamm founder Darpan Sanghvi’s bag of tricks?

the-ken.com/story/good-gla…

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Good Glamm can’t keep up with its acquisition spree.

The $1.2 billion firm––backed by investors like Prosus and Amazon––acquired over a dozen brands in the fast-money days after the pandemic.

But its pitch to be a Thrasio-esque house of beauty brands hasn’t really panned out.

Good Glamm can’t keep up with its acquisition spree. The $1.2 billion firm––backed by investors like Prosus and Amazon––acquired over a dozen brands in the fast-money days after the pandemic. But its pitch to be a Thrasio-esque house of beauty brands hasn’t really panned out.
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Founders of acquired brands are left waiting for exit cheques as the beauty-focussed e-commerce aggregator, Good Glamm, works out a path to profitability, says Aakriti Bhalla in her well-reported story today: the-ken.com/story/good-gla…

Founders of acquired brands are left waiting for exit cheques as the beauty-focussed e-commerce aggregator, Good Glamm, works out a path to profitability, says @aakriti_bhalla in her well-reported story today: the-ken.com/story/good-gla…
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Arundhati Ramanathan(@tam_arund) 's Twitter Profile Photo

Seems like Good Glamm group is writing cheques to buy companies, that it cant cash. Aakriti Bhalla has an incisive story on how this content to commerce company got here. the-ken.com/story/good-gla…

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Good Glamm Group in 2021: We will be a ‘content to commerce’ giant; will build a digital Unilever in BPC

In 2024: Founders of brands it acquired like Moms Co, Sirona left high and dry; CXOs, senior executives have exited/ are planning exits

The Ken

the-ken.com/story/good-gla…

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