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Purplle s Loss Surges 3 9X YoY To INR 203 6 Cr In FY22, Sales Jump To INR 220 Cr

Beauty focused ecommerce unicorn Purplle’s net loss almost quadrupled to INR 203.6 Cr in FY22 from INR 52 Cr in FY21

South koreaSouth koreanSara ali khanHar indian kaPremji invest backedHar indian ka beauty destinationLoss surgesParamak venturesPremji investBlume venturesSugar cosmeticsWhile vineeta singh led sugar cosmetics

Purplle raises $33 mn in Series E from Paramark Ventures, existing investors

Online cosmetics retailer Purplle raised $33 million in Series E funding from South Korea’s Paramark Ventures as well as existing backers Blume Ventures, Kedaara and Premji Invest, the company announced on Friday.

Chunsoo kimPurplle har indian kaManish tanejaSouth koreaParamark venturesBlume venturesPremji investHar indian ka beauty destinationOsmetic retailerBillion valuation

Nykaa rival Purplle raises $33 mn in latest funding, turns unicorn

Purplle had previously received four rounds of funding from investors closing 2021 with a Series D of $140 million.

Aileen leeChunsoo kimPurplle har indian kaManish tanejaGoldman sachsGoldman sachs backedPremji investBlume venturesFalguni nayar led nykaaParamark venturesHar indian ka beauty destinationManaging partnerSequoia capital indiaUrplle unicornYkaa rivalUrplle valuation

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