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Purplle.com

Beauty products platform Purplle raises Rs 1,500 cr in funding round

Subsidiary of Abu Dhabi Investment Authority leads in committing investment

Beauty products platform Purplle raises Rs 1,500 cr in funding round
Updated On : 15 Oct 2024 | 11:15 AM IST

Purplle group raises Rs 1,000 crore from Abu Dhabi Investment Authority arm

Omni-channel beauty platform Purplle Group on Monday announced raising Rs 1,000 crore in a funding round led by a wholly-owned subsidiary of Abu Dhabi Investment Authority (ADIA). Other investors also participated in the funding and the fresh capital was raised through a combination of primary and secondary shares issuance, according to a statement from Purplle Group. Besides, Purplle has also announced a Employee Stock Ownership Plan (ESOP) liquidity programme and will offer liquidity of Rs 50 crore to its employees. Purplle Co-Founder & CEO Manish Taneja said: "We will constantly innovate and leverage our technology and data capabilities to provide our customers with the best omni-channel experience. In increasing its shareholding in Purplle, ADIA has continued to support us as we pursue our vision of building a sustainable and profitable business." Purplle is one of the fastest-growing retailers in the beauty and personal care (BPC) segment, having grown its GMV by four times ..

Purplle group raises Rs 1,000 crore from Abu Dhabi Investment Authority arm
Updated On : 01 Jul 2024 | 2:52 PM IST

Manipal Group invests in Purplle with secondary purchase from JSW Ventures

With this transaction, JSW Ventures has fully exited its stake in Purplle from Fund I and has returned 2.7 times the fund size to its investors so far

Manipal Group invests in Purplle with secondary purchase from JSW Ventures
Updated On : 30 Oct 2023 | 5:10 PM IST

Beauty start-up Purplle raises $33 mn in funding, gets unicorn status

It is the second Indian startup this week to be valued at more than $1 billion, after edtech firm Physics Wallah.

Beauty start-up Purplle raises $33 mn in funding, gets unicorn status
Updated On : 10 Jun 2022 | 1:51 AM IST

Goldman-backed beauty startup Purplle becomes India's newest unicorn

Online cosmetics retailer Purplle raised capital at a $1.1 billion valuation, becoming the second billion-dollar company to be created in India this week despite souring investor sentiment on startups

Goldman-backed beauty startup Purplle becomes India's newest unicorn
Updated On : 09 Jun 2022 | 2:16 PM IST
Updated On : 16 Dec 2021 | 7:59 PM IST

Purplle.com closes $140 mn Series D round adding Premji Invest to cap table

This investment comes weeks after a $75 million funding led by Kedaara Capital, alongside Sequoia Capital India and Blume Ventures

Purplle.com closes $140 mn Series D round adding Premji Invest to cap table
Updated On : 22 Nov 2021 | 10:04 PM IST

Beauty platform Purplle plans to go for IPO in about 4 years from now

E-commerce firm Purplle, which deals in beauty and personal care products, is planning to go for an IPO in 3-4 years after scaling up business with a target growth of around 80 per cent year-on-year.

Beauty platform Purplle plans to go for IPO in about 4 years from now
Updated On : 31 Oct 2021 | 11:24 PM IST

Beauty platform Purplle.com raises $75 mn from Kedaara, Sequoia and Blume

The investment will augment the company's goal to deliver 6-8x growth in the next 5 years

Beauty platform Purplle.com raises $75 mn from Kedaara, Sequoia and Blume
Updated On : 29 Oct 2021 | 4:39 PM IST

Mumbai Angels Network sees 36 exits, eyes 50 investments this year

Purplle has raised $45 million from Sequoia Cap­ital India and existing investors Verl­in­vest, Blume Ven­tures and JSW Ventures.

Mumbai Angels Network sees 36 exits, eyes 50 investments this year
Updated On : 10 May 2021 | 10:41 PM IST

Purplle aims at $100 million sales in FY21, looks for acquisition

Online beauty and personal care platform Purplle is looking to double its sales to $100 million during the current fiscal

Purplle aims at $100 million sales in FY21, looks for acquisition
Updated On : 09 Aug 2020 | 5:26 PM IST

Beauty retailer Purpelle.com secures Rs 175 mn from JSW Ventures, others

The funding, secured in multiple tranches, was led by an unidentified London-based investment fund

Beauty retailer Purpelle.com secures Rs 175 mn from JSW Ventures, others
Updated On : 21 Jun 2018 | 12:25 AM IST