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Monday, October 14, 2024

Tag: Purplle

Fragrance brand Nisara partners with Purplle to boost offline presence across India

Industry
Nisara, a burgeoning fragrance brand, is poised to enhance its offline presence with a strategic alliance with Purplle stores across India. This collaboration will bring Nisara's premium fragrance products to 16 locations nationwide, representing a significant...

Purplle revenue soars 43% to INR 679.6 Cr in FY24, reduces net loss by 46%

Industry
Purplle, the Mumbai-based beauty ecommerce marketplace, saw its revenue edge closer to INR 700 crore for the financial year ended March 31, 2024. The ADIA-backed unicorn reported an operating revenue of INR 679.6 crore for FY24,...

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...

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...

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

News
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...

Reliance Retail’s Tira brand steps into beauty accessories market with ‘Tira Tools’

News
Tira, a brand under Reliance Retail, announced its entry into the beauty accessories space on Thursday with the launch of its in-house brand ‘Tira...

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...

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

News
Purplle, the beauty-focused ecommerce marketplace, witnessed a substantial increase in its operating revenue, approaching the INR 500 Cr mark for the fiscal year ending...

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...

Nykaa must boost ad-spending to hold market shares amid rising competition

News
Amid the intensifying competition in the offline and online beauty and personal care (BPC) industry, analysts at Kotak Institutional Equities assert that Nykaa will...

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...

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