The direct-to-consumer brand MyGlamm had introduced The Good Glamm Group in September and announced its plans to acquire six brands in the beauty and personal care space before March. The company earlier in October had acquired The Moms Co in a Rs 500-crore-deal.
In the FIR, a former woman employee alleged that Suparn Pandey allegedly touched her inappropriately, sent her lewd videos and passed overtly sexual remarks.
While the year 2016 was tough for startups wanting to raise funds, 2017 is expected to be even tougher. Angel investing firm advantEdge VC gives tips to survive the lull period
The funding will help ScoopWhoop's plans to invest in hiring editorial resources across beats for different publications and set up a sales and native content team to service its over 100 brand partners.
"The partnership will combine the strengths of both - i.e., content creation for Indian youth by ScoopWhoop and mobile-optimised technology platform and distribution by BSB for Indian consumers," the company said.