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Thursday, December 12, 2024

Purplle expands offline presence, unveils new store in Laxmi Nagar, Delhi

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Purplle, the Mumbai-based online personal care and beauty platform, has opened a new store in Laxmi Nagar, Delhi, as revealed in a social media post by a top company executive.

“Great news! Purplle’s doors are now open at Laxmi Nagar (Mangal Bazaar), Delhi! We welcome you to visit our fresh store and indulge in an unmatched shopping journey. Explore amazing offers on your beloved beauty essentials and delve into a carefully curated array of must-have products. Join us in commemorating this achievement and enjoy some truly fantastic deals. Meet you at Purplle – where every Indian finds their beauty destination!” announced Samiran Sarkar, National Head of Business Development & Asset Management at Purplle.

Continue Exploring: Beauty ecommerce giant Purplle sets sights on brick-and-mortar expansion, eyes $100M investment from ADIA 

Established in 2012 by Manish Taneja and Rahul Dash, Purplle focuses on beauty, grooming, salons, and spa services. The company boasts over 1000 listed brands and offers a vast selection of 60,000+ products. Supported by investors such as Abu Dhabi Investment Authority (ADIA), Kedaara, Premji Invest, Sequoia Capital India, JSW Ventures, Goldman Sachs, Verlinvest, Blume Ventures, and Paramark Ventures, Purplle achieved unicorn status in 2022, marking it as India’s 102nd unicorn, according to the company’s LinkedIn profile.

As per the brand’s LinkedIn profile, Purplle scaled its private D2C brands, including Faces Canada, Good Vibes, Carmesi, Purplle, and NY Bae.

In FY23, Purplle recorded operating revenue of INR 474.9 Crore.

Continue Exploring: Purplle achieves rapid growth in FY23, edging closer to the INR 500 Cr revenue mark

SnackTeam
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