Private Equity

PE Fund Investments

Ranjan Pai invests in beauty retailer Purplle; JSW Ventures makes part exit

Business Standard  

JSW Ventures has exited its shareholding in beauty company Purplle through a sale to Manipal Education & Medical Group (MEMG) Family Office fetching a 57 % internal rate of return (IRR). With this transaction, JSW Ventures has fully exited its stake in Purplle from Fund I and has returned 2.7 times the fund size to its investors so far.