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purplle: Ranjan Pai-led Manipal Group invests in online beauty products retailer Purplle

In May, ET had reported that JSW Ventures had partially sold its stake in Purplle to Abu Dhabi Investment Authority (ADIA). At the time, the startup closed a $40-50 million funding round, split between primary and secondary transactions, at a flat valuation of $1.1 billion.

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JSW Ventures fully exits Purplle, sells stake to Manipal Group s Ranjan Pai

After the exit, JSW Ventures has returned 2.7x of the fund size to investors. JSW Ventures first invested in Purplle s Series A round in 2016.

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JSW Ventures exits from Fund I in Purplle; sells stake to Manipal Group

JSW Ventures exits from Fund I in Purplle; sells stake to Manipal Group
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

Abu dhabiAbuz abyUnited arab emiratesSachin tagraRanjan paiManipal groupAbu dhabi investment authorityPurplle to manipal groupManaging partner

JSW Ventures sells stake in Purplle to Manipal Family Office

JSW Ventures sells stake in Purplle to Manipal Family Office
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Manipal Group invests in Purplle; Skyroot raises $27 million from Temasek, others

Ranjan Pai s investment spree continues as the chairman of the Manipal Education and Medical Group has now invested in omnichannel beauty retailer Purplle. Details on this and other major startup deals in today s ETtech Top 5.

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