MyGlamm Appoints Naushad Shaikh, Former CFO of Fractal Analytics as its new Chief Financial Officer…

MyGlamm Appoints Naushad Shaikh, Former CFO of Fractal Analytics as its new Chief Financial Officer (CFO)

MyGlamm India’s fastest growing D2C brand appoints Mr Naushad Shaikh, former CFO, Fractal Analytics as the new Chief Financial Officer of MyGlamm.

With over 20 years of experience in the field of finance, Mr Shaikh brings his expertise in corporate development, business partnering & financial control to MyGlamm. From corporate restructuring to financial modeling & capital allocation, Naushad has been actively involved in every aspect of evolution and growth in his previous roles across multiple sectors. He is also an impact investor and a new business enthusiast who is always open to innovative ideas.

At MyGlamm, he will be seen assuming the position of the company’s CFO, heading the company’s finance function and working closely with the CEO on financial planning, fundraising and business performance. Naushad’s appointment continues to strengthen MyGlamm’s CXO team as MyGlamm looks to grow 3x – 4x this year.

“We’re excited to have Naushad on board and are certain that his expertise will be key as we continue to grow and expand as we continue on our mission to create beauty products our users really want!” says Priyanka Gill, Co-Founder & President MyGlamm.

“As we are scaling, we wanted to transform our finance department from an enabler function to a strategic partner for business performance, and we are excited to have Naushad lead this transformational journey for us’ – says Darpan Sanghvi, Founder and CEO, MyGlamm

“I look forward to this new opportunity! Its an exciting time to be a part of MyGlamm, the brand is growing at an incredibly fast pace and I’m hoping to bring my experience to enable this scale, while I’m also excited about the new learnings I will have in the burgeoning DTC space’’ . says Naushad Shaikh, CFO, MyGlamm

About MyGlamm

MyGlamm is India’s fastest growing direct-to-consumer beauty brand. MyGlamm embraces the philosophy of building a community with its users, engaging with them and eventually co-creating products with them. In July 2020, MyGlamm acquired POPxo-Plixxo making the MyGlamm-POPxo-Plixxo combine, the largest Content to Community to Commerce platform in India with 88 million annual female users, with 1.5 billion annual video views and 150,000 influencers onboarded. With over 600 SKUs across makeup, skincare and personal care, MyGlamm beauty products feature advanced, rich, feel-good formulas that are cruelty-free, embrace Clean Beauty, and have skin-friendly ingredients. MyGlamm has over 10,000 offline points of sales across 70 cities of India. MyGlamm uses a combination of technology, content and social media to allow consumers to not only discover its products but also create a rich, personalized, content and tutorial fuelled post-purchase experience through its App. Institutional investors in MyGlamm include Bessemer Venture Partners, Ascent Capital and the Mankekar family along with three key strategic investors: L’Occitane, Amazon and Wipro Consumer.