Glamplus Secures INR 16.5 Crores in Pre-Series A Funding Round

Glamplus Secures INR 16.5 Crores in Pre-Series A Funding Round for SaaS Beauty Marketplace Expansion

Updated: January 10, 2024

Glamplus, a SaaS-enabled B2B Beauty Marketplace, has secured approximately INR 16.5 Crores in a pre-Series A funding round. Led by Upsparks Capital, Eagle10 Ventures, ITI Growth Opportunities Fund, and Inflection Point Ventures, the investment round also witnessed participation from Kube VC, Gopal Krishna Varshney, IR Capital Partners, and other notable investors. The startup, led by Rohan Singh, specializes in delivering innovative solutions to salons, spas, and retail beauty chains, empowering them to enhance operational efficiency through technology adoption. The raised funds are earmarked for the B2B expansion in Tier I and Tier II cities, along with venturing into international markets.

Glamplus, under the leadership of Rohan Singh, has developed a SaaS platform offering cutting-edge solutions to optimize the efficiency and productivity of salons, spas, and retail beauty chains. The platform not only facilitates the adoption of technology for day-to-day operations but also provides offline and online supplies of beauty products, professionals, and personal care to chain spas. The strategic utilization of the funds will further bolster the company's mission to assist small, medium, and large beauty establishments in running their operations more efficiently, contributing to the overall growth and innovation within the beauty industry.