Private Equity Fund Investments
Beauty products e-tailer Purplle raises $50-M from Premji Invest
Mumbai-based online beauty and grooming products e-tailer Purplle has attracted USD 50 million from PremjiInvest. The investment is part of the same round in which Kedaara Capital had invested a similar amount. Following the investment, Kedaara and Premji Invest will have a 8.43% stake each in Purplle.
From the Venture Intelligence PE-VC Deal Database: Beginning in Aug-13, Purplle has raised over USD 180 million from Kedaara Capital, JSW Ventures, Blume Ventures, Verlinvest, Sequoia Capital India, Spring Marketing Capital, Goldman Sachs, BlackSoil Capital, IvyCap Ventures, AET Fund, NB Ventures, Dream Incubator, Mountain Pine Capital, and others.
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