 "Manish Taneja, Co-founder & CEO, Purplle.com")
Online beauty platform Purplle.com has raised $65 million, bringing Premji Invest, the investment arm of Wipro billionaire Azim Premji, to the cap table. This investment comes weeks after a $75 million funding, led by Kedaara Capital, alongside Sequoia Capital India and Blume Ventures. The infusion will accelerate the company’s growth to build a multibillion-dollar company from India. The company said it has closed $140 Million Series D funding after the investment from Premji Invest.
The funding is also expected to help Purplle compete with traditional players and online beauty platforms such as Nykaa, MyGlamm and Myntra.
“We are very pleased
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