ADIA leads a $100-million financing round in Mumbai-based beauty retailer Purplle at a valuation of $1.2-1.3 billion. Creaegis, a PE fund, is expected to join the funding round. MCaffeine, a caffeine-based skincare and haircare brand, is also in the middle of a fundraise process and exploring strategic investors. The funding would be in MCaffeines parent firm PepTechnologies, which houses skincare brand Hyphen, along with recent fundraise by Foxtale and Traya.
This funding round will more than double ominchannel jewellery retailer Bluestone s valuation from around $450 million in September 2023. Bengaluru-based Bluestones pre-IPO round is seeing interest from new and existing investors, encouraged by the Tata Groups CaratLane deal where Titan bought out the founders (Mithun Sacheti) stake last year.
Bluestone Unicorn: This funding round will more than double ominchannel jewellery retailer Bluestone s valuation from around $450 million in September 2023. Bengaluru-based Bluestone’s pre-IPO round is seeing interest from new and existing investors, encouraged by the Tata Group’s CaratLane deal where Titan bought out the founder’s (Mithun Sacheti) stake last year.
Canvas latest offering can help businesses create company-wide design templates for their brands, keep their intellectual property (IP) safe, and provide greater control over their visual products.