Bengaluru/Mumbai, Feb. 18 -- Sirona Hygiene's founders have bought back the women's wellness brand just four months after its sale to Good Glamm Group was finally completed.

Good Glamm initially invested Rs.100 crore in Sirona through primary and secondary investments in 2022. It concluded the acquisition of Sirona in October last year for Rs.450 crore in an all-cash deal,ending a long-drawn dispute over non-payment of dues.

Sirona's return to its founders comes amid Good Glamm's mounting troubles. A cash crunch forced Good Glamm to consider raising fresh funds at a sharply lower valuation, triggering theexit of three directors from the company's board in November and December.

"The (latest) deal is valued at Rs.150 crore and includes ...