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Monday, October 14, 2024

Tag: ADIA

Beauty e-commerce giant Purplle raises INR 1,000 Cr funding led by ADIA subsidiary

Startups
Purplle, the be͏auty e-commerce ͏m͏͏a͏rketplace͏, has ͏se͏cu͏red ͏INR 1͏,000 crore ͏(ap͏proxim͏ately͏ ͏͏$͏1͏20 ͏m͏i͏l͏lio͏n)͏ in͏ ͏fundi͏ng,͏ ͏led by a͏ subsidi͏ary͏ ͏o͏f the Abu Dhabi Investment Authority (ADIA). T͏he funding round, comp͏ris͏ing͏͏ both prima͏ry and s͏ec͏ondar͏y͏ shar͏e͏ sales͏,͏ also...

Omnichannel beauty brands spark investment frenzy: ADIA leads $100M round in Purplle, MCaffeine & others gear up for funding

News
Beauty retailers and brands with omnichannel strategies are garnering significant investments from venture capital and private equity firms, fueled by increasing demand following the Covid-19 pandemic. Abu Dhabi's sovereign fund ADIA recently spearheaded a $100 million investment...

Bain Capital and Temasek join forces to challenge Blackstone-Led consortium for Haldiram stake

News
Bain Capital has partnered with Singapore’s Temasek to rival a Blackstone-led consortium in the bid for a controlling stake in Haldiram Snacks Food Pvt...

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

News
Purplle, the beauty ecommerce marketplace, aims to expand its presence by opening additional brick-and-mortar stores this year. Additionally, the company is in early talks...

JSW Ventures Logs 2.7x Return, Sells Purplle Stake!

News
JSW Ventures has successfully divested its stake in Purplle by selling it to the Manipal Education & Medical Group Family Office (MEMG). This strategic...

Billionaire Ranjan Pai eyes major stake in beauty e-commerce giant Purplle

News
Ranjan Pai, the billionaire investor and chairman of the Manipal Group, is currently engaged in discussions regarding a substantial investment in the beauty e-commerce...

After QIA & KKR, Reliance Retail eyes additional $1.5 Billion investment from existing investors

News
Reliance Retail, the retail powerhouse led by Mukesh Ambani, is engaged in discussions with its current investors, which notably include sovereign wealth funds from...

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