Glamplus raises ₹2 cr in pre-Series-A funding round - The Hindu BusinessLine

May 24, 2021
Funding led by Inflection Point Ventures, an angel investment plan
Salon-focused SaaS platform Glamplus has raised ₹2 crore in a pre-Series A funding round led by Inflection Point Ventures, an angel investment platform.
The other investors in this round were Anil G (Co-Founder & COO at Bounce) Sachin Khandelwal (MD & CEO at Sadhan Enterprise), Sravan Kumar (CEO at Transin), Abhishek Daiya (AVP at Byju's) and Anudeep Nagalia (VP at Shadowfax). They had invested in their personal capacity, the company said in a statement.
Enhancement of product capabilities
Funds raised will be used for enhancement of product and tech capabilities and business expansion. The funds will also be utilised in scaling to 3,000 partners in the next 6 months along with vertical expansion of the business line, it added.

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