logo
logo

Purplle Raises $38M Led By Sequoia

Purplle Raises $38M Led By Sequoia

01/17/22, 12:07 PM
Money raised
$38 million
Online beauty products retailer Purplle.com has raised close to $38 million (Rs 257.43 crore) in its extended Series D round led by Sequoia Capital.

Company Info

Company
Purplle
Additional Info
The investment will augment the company’s goal to deliver 6-8X growth in the next five years, the startup said in a release. The beauty e-tailer has nearly 50,000 products from over 1,000 brands on its website and app, the company said. INThe firm said it has clocked 90% growth in gross merchandise value (GMV) in the past three years. Online beauty store Purplle said it has raised $75 million in funding led by Kedaara, Sequoia Capital India and Blume Ventures. Founded in 2012, Purplle has 7 million monthly active users.