Darpan Sanghvi

Darpan Sanghvi is an Indian entrepreneur known for founding MyGlamm, a direct-to-consumer cosmetics company and then went on to found the Good Glamm Group, a content-to-commerce beauty and personal care conglomerate.

Early life and education
Sanghvi grew up in Pune, Maharashtra, and studied mechanical engineering at the Maharashtra Institute of Technology, University of Pune. He went on to acquire an MBA from ESADE Business School in Barcelona with a dual degree from McCombs School of Business, University of Texas at Austin.

Career
Sanghvi began his career as an entrepreneur at a young age when he started a content website called MastHungama.com. After that, he was hired by Baazee.com (now eBay India) in 1999 as a marketing and business development manager. After his MBA, Sanghvi began working with Celanese Chemicals as a business analysis manager in Dallas and Singapore where he remained for two years, until December 2006. In 2007, Sanghvi tried his second startup in New York City which was creating a fitness tracker connected to a video game. In 2008 he returned to India and started to look for entrepreneurial opportunities. In 2010, he acquired the master franchise for India of Spa L’Occitane, a global beauty services company, and ran it for several years. It was during this tenure that he saw much potential in the beauty industry, and decided to launch MyGlamm.

Founding MyGlamm and Good Glamm Group

Sanghvi founded MyGlamm, a direct-to-customer cosmetics company in October 2017. In 2020, Sanghvi acquired POPxo, a women-centric digital media platform founded by Priyanka Gill. As Sanghvi was looking to partner with a content platform to create a content-to-commerce experience for MyGlamm and expand his business, the companies were merged. In August 2021, MyGlamm also acquired the parenting community and platform BabyChakra founded by Naiyya Saggi.

In September 2021, the founders consolidated the three companies - MyGlamm, POPxo, and BabyChakra, as the Good Glamm Group with Sanghvi as the group founder and CEO, and Gill and Saggi as co-founders of the group.

In 2021 the Good Glamm Group acquired 10 content, creator, and beauty brand companies and also raised US$250 mn in Series C and Series D funding rounds of capital from marquee investors such as Accel, Amazon, Ascent Capital, Alteria Capital, Prosus Ventures (Naspers), Stride Ventures, Trifecta Capital, Wipro Consumer and Warburg Pincus.

The Good Glamm Group became South Asia’s first DTC beauty brand unicorn valued at $1.2 billion in November 2021.