Good Glamm Group forecasts profitability ahead of IPO

New Delhi: The Good Glamm Group is prioritising profitability in the run up to an IPO in two years’ time, Priyanka Gill, Group Co-Founder said, adding that the content-to-commerce player is tapping new revenue streams and optimising costs as it rides on omni-channel strategy and digital velocity to maintain strong growth rates.

Gill told PTI in an interview that the Good Glamm Group is bullish about the demand in upcoming festive season, as she cited the strong consumer sentiment and shopping intentions across the portfolio of products and offerings. The company has been growing at over 250 per cent year-on-year on a CAGR basis over the past years. As much as 70 per cent of revenue currently comes from online sales and the balance from offline sales, she informed.