Fundz

Purplle to raise $100M in pre-IPO round from Abu Dhabi Investment Authority

PRIVATEApr 08, 2024

Amount Raised

$100 Million

Round Type

Venture

MumbaiCommerce and ShoppingSoftwareCommerce And ShoppingConsumer GoodsBeauty

Investors

Abu Dhabi Investment Authority

Description

Beauty and personal care unicorn Purplle is in the early stages of discussions to raise a $100 million investment from the Abu Dhabi Investment Authority (ADIA). The investment may form a part of the company's pre-IPO round, and if finalized, this would be ADIA's second investment in the startup in a year.

Quick answer

Purplle raised $100 Million in a funding round, dated April 8, 2024. Investors: Abu Dhabi Investment Authority. Purplle is based in Mumbai, Maharashtra, India.

How much did Purplle raise?
Purplle raised $100 Million in a funding round on April 8, 2024.
Who invested in Purplle?
Abu Dhabi Investment Authority is named as investors in this round.
What does Purplle do?
Founded in 2012, Purplle is one of India’s leading omnichannel beauty destinations.
Where is Purplle based and how big is it?
Purplle is based in Mumbai, Maharashtra, India.
Who are the decision-makers at Purplle?
Fundz holds 2 contacts at Purplle. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Commerce and Shopping and Commerce And Shopping around the same time

Companies in the same sectors as Purplle that raised within 45 days of this round, from Fundz verified event records.

  • Sezzle raised $150M (Funding Round) on May 17, 2024.
  • Agora raised $5M (Seed) on May 2, 2024.
  • MED-X raised $250K on May 14, 2024.
  • MED-X raised $838K on May 14, 2024.
  • SafeBase raised $33M (Series B) on April 30, 2024.
  • Bardavon Health Innovations, Inc. raised an undisclosed amount (Funding Round) on April 30, 2024.

Who to call at Purplle, and when

A new round usually means Purplle is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Purplle raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Purplle, from your own LinkedIn network

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Company Information

Company

Purplle

Location

Mumbai, Maharashtra, India

About

Founded in 2012, Purplle is one of India’s leading omnichannel beauty destinations. A strong platform with 1000+ listed brands, 60,000+ products, and 7 million+ monthly active users. Purplle expanded in 2022 with 6000+ offline touchpoints and 8 exclusive stores.

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Related People

2 contacts
Predictive Intelligence
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Purplle raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.