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PURPLLE COSMETICS
Private equity finds beauty in Purplle Cosmetics' minority stake: Deal could value platform at $1.5 billionLeading private equity firms are in discussions to invest in Purplle Cosmetics. The beauty platform is expected to be valued at around ₹13,...- Purplle closes Rs 1,000 crore funding deal led by Abu Dhabi Investment AuthorityPurplle has also announced a Employee Stock Ownership Plan (Esop) liquidity programme and will offer liquidity of Rs 50 crore to its employ...
- Sugar Cosmetics FY23 revenue jumps 89% to Rs 420 crore, net loss stays flatMumbai-based Sugar Cosmetics' total expenses rose 68% on year to Rs 505 crore in FY23, primarily due to higher spending for purchases of st...
- Pilgrim reports four-fold jump in revenues in FY23 but losses soarIn the fiscal year 2022-23, Pilgrim, a direct-to-consumer personal care brand, reported a significant increase in operating revenue, soarin...
- Manipal Group's Ranjan Pai invests in omnichannel beauty retailer PurplleIn May, ET had reported that JSW Ventures had partially sold its stake in Purplle to Abu Dhabi Investment Authority (ADIA). At the time, th...
- Beauty etailer Purplle picks up $40-50 million in funding from ADIA at $1.1 billion valuationMumbai-based Purplle, which is backed by the likes of Sequoia Capital, Goldman Sachs, Blume Ventures and Premji Invest, had last year raise...
- Online beauty retailer Purplle raises $33 million funding, turns unicornExisting investors Premji Invest, Blume Ventures, and Kedaara also participated in the round.
- Purplle seeks $100 million from an internal raise at $800 million valueThe Mumbai-based company, Purplle will raise the money largely from its existing investors Verlinvest, Kedaara Capital and Premji Invest, a...
- Purplle acquires cosmetics brand Faces CanadaThe acquisition comes after Purplle raised $60 million last month from Premji Invest, the family office of Wipro founder-chairman Azim Prem...
- Purplle sees 70% growth in active users while Nykaa stands at 50%: Bobble AI reportThe report suggested that E-commerce in India has witnessed an uptick of 77% between 2020 and 2021, tier 2 and tier 3 cities are transactin...
- Purplle raises $60 million from Premji Invest at $630-million valuationFounded in 2012 by Manish Taneja and Rahul Dash, Purplle has seven million monthly active users. The beauty etailer sells over 1,000 brands...
- Purplle eyes controlling stake in Faces CosmeticsPremium cosmetics player Lotus Herbals was also in talks to buy out majority stake in Faces earlier but it didn’t materialise, one of the e...
- Beauty e-commerce in India set for next level of growth, say expertsWith Nykaa on a path to the public markets, the industry flush with funds, and increasingly savvy consumers, the time is right for the next...
- As Purplle raises $45 million, early investor IvyCap clocks 22X gainsThis partial exit has helped the fund generate 1.35 times its entire Fund 1 value of Rs 240 crore, which it raised in 2013 from various dom...
- Juicy Chemistry raises $6.3 million in Series A funding roundJuicy Chemistry, which competes with Nykaa, Plum and Purplle in India’s online personal care products space, plans to use the funding from ...
- Actor Sara Ali Khan is the face of beauty marketplace PurplleThe seven-year-old startup which sells about 500 brands on its website and app, counts Goldman Sachs, Verlinvest, JSW Ventures, Blume Ventu...
- Small cities help online beauty firms Nykaa, Sugar Cosmetics, others get their sheen backTier 2 and Tier 3 cities are largely driving the demand, as the lockdown has eased considerably there, while certain pockets in metros- whe...
- Iba Halal care gets $3 mn from AddvantisIba Halal Care raises $3 million in Series-A funding from Addvantis Enterprises, a Bengaluru-based startup selling herbal cosmetics under t...
- Beauty-product e-tailers widen platforms by bringing more brands on boardAlthough these luxury brands will not be offered on discount on these marketplaces, it hasn’t deterred these companies from fixing robust t...
- IvyCap Ventures to invest in beauty & grooming online retailer PurplleBoth IvyCap and Purplle confirmed the investment, but refused to disclose the size of the deal. IvyCap typically invests Rs 15-30 crore in ...
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