Fundz

Purplle raised ₹1,500 crore in a funding round led by Abu Dhabi Investment Authority to enhance their omnichannel beauty retail experience.

PRIVATEOct 14, 2024

Amount Raised

₹15 Billion

Round Type

Venture

MumbaiCommerce and ShoppingSoftwareCommerce And ShoppingConsumer GoodsBeauty

Investors

Premji InvestBlume VenturesSharrp VenturesAbu Dhabi Investment Authority

Description

Purplle has successfully closed its funding round at ₹1,500 crore, which was led by Abu Dhabi Investment Authority and included participation from Premji Invest, Blume Ventures, and new investor Sharrp Ventures. The company aims to leverage this investment to further improve its technology and data capabilities.

Quick answer

Purplle raised ₹15 Billion in a funding round, dated October 14, 2024. Investors: Premji Invest, Blume Ventures, Sharrp Ventures and Abu Dhabi Investment Authority. Purplle is based in Mumbai, Maharashtra, India.

How much did Purplle raise?
Purplle raised ₹15 Billion in a funding round on October 14, 2024.
Who invested in Purplle?
Premji Invest, Blume Ventures, Sharrp Ventures and Abu Dhabi Investment Authority are 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.

  • Podium raised $15M (Series A) on November 22, 2024.
  • Anomalo raised $10M (Series B) on November 21, 2024.
  • Zitadel raised $9M (Series A) on November 20, 2024.
  • Beeline Holdings raised $1.6M (Series A) on November 14, 2024.
  • Influur raised $10M (Series A) on November 14, 2024.
  • Crusoe raised $686M on November 6, 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
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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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