Good Glamm Group Troubles: Employee Salaries Delayed for Second Month Amid Funding Woes

Content-to-commerce company Good Glamm Group has delayed employee salaries for the second consecutive month, despite assuring staff that April and May dues would be paid by June, the Economic Times reported.

“April and May salaries were supposed to be paid together, but that no longer seems likely to happen soon. It’s clear to everyone that the delay is due to funding issues. Good Glamm Group expected funding to arrive in January, but it has been delayed since then,” an employee told the Economic Times.

Additionally, the company, which is facing a cash crunch and seeking to raise capital at a significantly reduced valuation, has not cleared full and final settlements for former employees, placing both current and ex-staff under considerable financial strain.

April Pending Salary

Last month, the company had informed employees that their April salaries would be disbursed along with May salaries in June, stating that former employees would also be paid once the fundraising process is complete.

However, as of June 3, 2025, salaries remain unpaid, and management has not communicated any updates regarding the delay.

A former employee had previously stated that some ex-workers had not received salaries for February and March. Additionally, the company failed to have any “clear conversation” with laid-off employees about their pending payments.

Prior reports also indicated that Good Glamm Group delayed salary payments for approximately 300 employees in January.

In a recent LinkedIn post, Babita Bharati, a freelance copywriter for The Moms Co, a portfolio brand of Good Glamm Group, alleged that the company has not yet cleared her dues of Rs 18,100 for work done in March and April 2025. She further stated that she contacted more than five individuals at the company, noting that many members of the startup’s finance team were either on their notice period or had already left.

Good Glamm Group Troubles

The Good Glamm Group is facing severe financial challenges, including cash flow issues that have led to delayed salary payments and significant layoffs. This financial strain has eroded investor confidence, prompting board resignations from major investors such as Accel Partners, Bessemer Venture Partners and Prosus Ventures.

Once valued at $1.2 billion, the company is now struggling to maintain liquidity, casting doubts on its long-term sustainability and growth prospects.

Additionally, the company has experienced notable leadership changes, with co-founder Priyanka Gill and CFO Piyush Kalra departing. Such high-level exits can create strategic instability and operational challenges, further hindering the company’s ability to navigate its ongoing financial difficulties.