Indian online beauty retailer Purplle raises $205M in Series F funding led by ADIA, with plans to expand offline and enter public markets.
Purplle, an Indian online beauty retailer, has raised ₹1,500 crore ($205 million) in a Series F funding round led by the Abu Dhabi Investment Authority (ADIA). Existing investors Blume Ventures and Premji Invest participated, along with new investor Sharrp Ventures. Founded in 2012, Purplle aims to enhance its technology and expand its offline presence, with plans to enter public markets by 2025-2026. The company has raised over $500 million to date.
October 14, 2024
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