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

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

04/08/24, 8:40 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IN.svgmumbai
Money raised
$100 million
Industry
beauty
commerce and shopping
Investors
Abu Dhabi Investment Authority
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.

Company Info

Company
Purplle
Location
mumbai, maharashtra, india
Additional Info
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.

Related People