Darpan Sanghvi, the CEO and founder of The Good Glamm Group, has emerged as a transformative figure in the beauty and personal care industry. Under his leadership, the company has evolved into South Asia’s first direct-to-consumer (DTC) beauty unicorn, leveraging a unique content-creator-commerce model. citeturn0search1
Early Life and Education
Sanghvi’s entrepreneurial journey began early in his life. He pursued an undergraduate degree from the University of Pune, followed by an MBA from ESADE Business School, equipping him with a solid foundation in business and management. citeturn0search0
Founding MyGlamm
In 2017, Sanghvi founded MyGlamm, a D2C beauty company that quickly gained prominence in the Indian market. With over 800 SKUs on its website and a presence in more than 30,000 offline points of sale across 70 cities, MyGlamm became a significant player in the beauty industry. citeturn0search2
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Strategic Acquisitions and Formation of The Good Glamm Group
Recognizing the potential for synergy in the beauty and personal care sector, Sanghvi orchestrated several strategic acquisitions. In 2020, MyGlamm acquired POPxo, a digital community platform for millennial women, and later, BabyChakra, a content and community platform for young mothers. These acquisitions culminated in the formation of The Good Glamm Group in September 2021, uniting MyGlamm, POPxo, and BabyChakra under one umbrella. citeturn0search2
Global Expansion and Vision
Under Sanghvi’s leadership, The Good Glamm Group has set its sights on global expansion. In April 2024, the company entered the U.S. market through a joint venture with tennis icon Serena Williams, launching the brand Wyn Beauty by Serena Williams. Additionally, the group partnered with production houses Dharma Productions and Pooja Entertainment to become the beauty partner for the Bollywood film “Bade Miyan Chote Miyan.” citeturn0search2
Sanghvi envisions The Good Glamm Group as the first global beauty company to emerge from India, aiming to create brands that are globally loved and leveraging a competitive advantage of content, creator, and commerce backed by technology and data. citeturn0search6
Conclusion
Darpan Sanghvi’s strategic foresight and innovative approach have propelled The Good Glamm Group to the forefront of the beauty and personal care industry. His commitment to growth, both within India and internationally, underscores his role as a visionary leader shaping the future of beauty commerce.