Fundz

Ranjan Pai-Led Manipal Group Invests In Online Beauty Products Retailer Purplle

PRIVATEOct 30, 2023

Round Type

Funding Round

MumbaiCommerce and ShoppingSoftwareCommerce And ShoppingConsumer GoodsBeauty

Description

The Ranjan Pai-led Manipal Group has invested in Mumbai-based online beauty products retailer Purplle in a secondary transaction, purchasing shares from JSW Ventures. Through the deal, JSW Ventures has partially sold its shareholding in Purplle.

Quick answer

Purplle raised an undisclosed amount in a Funding Round round, dated October 30, 2023. Purplle is based in Mumbai, Maharashtra, India.

How much did Purplle raise?
Purplle raised an undisclosed amount in a Funding Round round on October 30, 2023.
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.

  • Shopblocks raised $1.8M (Seed) on October 2, 2023.
  • Kafene, Inc. raised an undisclosed amount (Series B) on October 2, 2023.
  • Vendelux Inc. raised $14M on November 6, 2023.
  • Fara Homidi Collection raised $732K (Seed) on October 25, 2023.
  • BharatAgri raised $4M (Seed) on October 19, 2023.
  • Cursor raised $8M (Funding Round) on October 11, 2023.

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
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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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