Wipro Consumer Care Ventures Makes Tenfold Return On Partial Exit In The Good Glam Group


It has made investments in nine different companies, including The Good Glamm Group, Ustraa, OneLife, LetsShave, Soulflower, and Power Gummies

According to Sumit Keshan, Managing Partner of Wipro Consumer Care – Ventures, the firm made a 10x return on a partial exit in beauty and personal care startup The Good Glamm Group. 

Wipro Consumer Care – Ventures established a Rs 200 crore fund three years ago and has since committed 60 per cent of the funds. It has made investments in nine different companies, including The Good Glamm Group, Ustraa, OneLife, LetsShave, Soulflower, and Power Gummies. The company have also invested in Youvit, an Indonesian nutraceutical and wellness company, and DSG Consumer Partners IV, a Singapore-based venture capital fund.





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