Accel, Prosus, Bessemer directors quit Good Glamm board amid cash crunch
According to filings by Good Glamm Group with the Ministry of Corporate Affairs, Anand Daniel from Accel, Vishal Gupta from Bessemer, and Gaurav Kothari, a principal at Prosus Ventures, resigned as independent directors in December. The resignations come at a challenging time for the company, which has been grappling with a funding shortage, salary delays, and employee layoffs.
According to filings by Good Glamm Group with the Ministry of Corporate Affairs, Anand Daniel from Accel, Vishal Gupta from Bessemer, and Gaurav Kothari, a principal at Prosus Ventures, resigned as independent directors in December. The resignations come at a challenging time for the company, which has been grappling with a funding shortage, salary delays, and employee layoffs.
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