 "Goldman Sachs")
Purplle.com (Purplle), an online beauty and personal care platform, has raised $30 million in Series C funding by global investment bank Goldman Sachs with participation from existing investors IvyCap Ventures, Blume Ventures and JSW Ventures.
The $7 billion Indian online beauty and personal care market is estimated to be growing at a compounded annual growth (CAGR) rate of more than 15 per cent driven by increasing awareness of the category and penetration in second and third tier cities.
Launched in 2012, Purplle has seen strong growth with revenue and orders growing by 100 per cent year on year while being managed with
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