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Behind Sugar Cosmetics down round: valuation to crash 80% in A91 bailout - The Economic Times
Sugar Cosmetics is raising fresh capital from existing investor A91 Partners at a valuation more than 80% below its peak. The funding comes as the D2C beauty brand battles mounting losses, falling revenues and the challenges of aggressive offline expansion.
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Behind Sugar Cosmetics down round: valuation to crash 80% in A91 bailout - The Economic Times
Sugar Cosmetics is raising fresh capital from existing investor A91 Partners at a valuation more than 80% below its peak. The funding comes as the D2C beauty brand battles…
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Sugar’s valuation slump; Slice takes a hit
Happy Friday! A91 Partners is backing Sugar Cosmetics in a round that will see the beauty brands valuation fall sharply. This and more in todays ETtech Morning Dispatch.