“Riding the Digital Wave: Glamplus Raises the Bar for B2B Beauty Marketplaces”
Glamplus, the SaaS-enabled B2B beauty marketplace, has managed to secure an impressive Rs 16.5 crore in a pre-Series A round in a dazzling display of financial prowess. The funding, led by notable investors such as Upsparks Capital, Eagle10 Ventures, ITI Growth Opportunities Fund, and Inflection Point Ventures, with additional support from Kube VC and prominent individuals including Gopal Krishna Varshney and IR Capital Partners, marks a significant milestone in Glamplus’ journey towards revolutionizing the beauty industry.
Under the visionary leadership of Rohan Singh, Glamplus has emerged as a trailblazer in assisting salons, spas, and retail beauty chains of all sizes to integrate technology seamlessly into their daily operations. The infusion of funds, as announced by the company, is slated to fuel its ambitious expansion plans in tier I and tier II cities and embark on a global conquest.
Glamplus’ success story is about monetary triumph and its commitment to providing state-of-the-art SaaS solutions. The platform’s innovative approach optimizes the efficiency and productivity of its consumers, offering a seamless blend of offline and online supply of beauty products, professionals, and personal care services to chain spas.
The brand’s pivot into the digital B2B beauty marketplace has been spectacular. With over 2,000 SKUs listed, Glamplus boasts an annual growth rate of 12%, a testament to its adaptability and relevance in an ever-evolving market. The platform proudly showcases a user base of more than 9,500 beauty clients and a staggering 6 lakh B2C customers. Glamplus aims to cater to an extensive clientele, ranging from luxury salons to smaller parlours, with a target of onboarding 1,000 B2B beauty clients in the next six months.
A recent feather in Glamplus’ cap is the launch of its centralized warehouse, a strategic move to facilitate faster order processing, efficient inventory management, and seamless fulfilment. This initiative minimizes shipping times and costs and ensures quicker delivery to customers, solidifying Glamplus’ commitment to providing a top-notch user experience.
As Glamplus glides into the future, it is undoubtedly a beacon of innovation in the beauty industry. The infusion of Rs 16.5 crore sets the stage for a new era in B2B beauty marketplaces, where technology and glamour coalesce to redefine efficiency and customer satisfaction standards. Glamplus isn’t just raising funds; it’s raising the bar for its competitors and setting a new standard for the beauty of the SaaS landscape.
