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omnichannel beauty players: Funds make a beeline for beauty platforms; Purplle raises $100 million

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. ....

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Bluestone unicorn: Bluestone may turn unicorn in pre-IPO funding round

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. ....

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Bluestone Unicorn: Bluestone may turn unicorn in pre-IPO funding round, ET Retail

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. ....

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