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PURPLLE FUNDRAISING
Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.- Purplle pauses fundraising talks as founders bag Rs 90-100 crore stakeBeauty retailer Purplle has paused fundraising talks due to valuation disagreements, while founders are buying back shares at a valuation o...
- JSW Ventures targets Rs 450 crore for third fund amid rise in domestic venture capitalJSW Ventures, the VC arm of JSW Group, is planning to raise Rs 400-450 crore for its third investment fund, targeting domestic investors. F...
- Purplle adds Rs 500 crore to latest funding round led by Abu Dhabi Investment AuthorityPurplle, an omnichannel beauty retailer, has extended its latest funding round by Rs 500 crore, closing it at Rs 1,500 crore. Abu Dhabi Inv...
- Purplle’s extended fundraise; VCs increased scrutinyVenture capitalists are taking a hard look at early-stage startups before signing off on follow-on funding. This and more in today’s ETtech...
- ETtech deals digest: Startups raise $718.3 million in July 2024, marking a 4% on-year dropThe funds were raised by startups, largely in the early and late stages, through 72 rounds. Beauty retailer Purplle and ride-hailing platfo...
- Karnataka losing out in manufacturing race; CXO churn in startupsNew-age companies are choosing to set up manufacturing facilities in neighboring states like Maharashtra and Tamil Nadu, bypassing Karnatak...
- Purplle’s Rs 1,000 crore funding; FirstCry, Unicommerce IPOs clearedOmnichannel beauty platform Purplle has closed a Rs 1,000 crore funding round. This and more in today’s ETtech Top 5.
- Funds make a beeline for beauty platforms; Purplle raises $100 millionADIA leads a $100-million financing round in Mumbai-based beauty retailer Purplle at a valuation of $1.2-1.3 billion. Creaegis, a PE fund, ...
- Niyo gets strategic investment from Spring Marketing CapitalFounded in 2015, Niyo offers millennials savings and investment accounts through its Indian banking partners. The company is known for its ...
- ETtech Deals Digest: Late-stage investments boost funding in Indian startups to $447 million this weekIndian startups secured a total of $447 million in funding this week across 20 rounds, according to data provided by market intelligence fi...
- 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...
- ETtech Deals Digest: Mensa Brands is India's fastest unicornIndia minted another unicorn this week as Mensa Brands, the ecommerce roll-up firm founded by former Myntra CEO and Medlife cofounder Anant...
- Nykaa competitor Purplle plans to go for IPO in about 4 years from nowPurplle's competitor Nykaa launched an IPO comprising a fresh issue of equity shares worth Rs 630 crore and an offer-for-sale (OFS) of 41,9...
- MyGlamm gets additional Rs 255 crore funding as part of Series C roundOf the latest tranche of Rs 255 crore, Rs 100 crore in equity funding has come from Trifecta Capital’s newly raised late-stage equity fund,...
- ET Startup Awards 2021: Ixigo founders win the Comeback Kid awardIxigo not only survived the recent Covid-19 pandemic and is slated to launch a Rs 1,600-crore IPO soon, but it has also always had to compe...
- 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 ...
- Venture debt firm BlackSoil raises Rs 110 crore for maiden AIFThe firm has invested in companies such as Oyo, Zetwerk, Spinny, Purplle, Koye Pharma, and LetsTransport.
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