Goldman Sachs, others fuel USD 30 million in Purplle

Goldman Sachs, others fuel USD 30 million in Purplle

This round of funding was led by the US-based investment back, also included participation from existing investors IvyCap Ventures, Blume Ventures and JSW Ventures.

FPJ BureauUpdated: Friday, December 13, 2019, 07:27 AM IST
article-image
(AP Photo/Richard Drew, File) |

New Delhi: Global investment bank Goldman Sachs along with other investors has invested USD 30 million in online beauty and personal care platform Purplle.com in series-C funding round.

This round of funding was led by the US-based investment back, also included participation from existing investors IvyCap Ventures, Blume Ventures and JSW Ventures.

"The funding will be utilised for building unique supply of brands and products on the platform through partnership with global brand houses and own brands, as well as for enhancement of the company's data stack through investments in digital women-focused content," it said.

RECENT STORIES

SEBI May Explore Regulating Unlisted Share Market: Tuhin Kanta Pandey
SEBI May Explore Regulating Unlisted Share Market: Tuhin Kanta Pandey
Swaraj Engines Q3 Profit Climbs 32% To ₹42.1 Crore On Strong Volume Growth
Swaraj Engines Q3 Profit Climbs 32% To ₹42.1 Crore On Strong Volume Growth
HDFC Life Reports ₹1,414 Crore Nine-Month Profit; Retail Protection Sees 42% Growth
HDFC Life Reports ₹1,414 Crore Nine-Month Profit; Retail Protection Sees 42% Growth
Jio Financial Services Q3 FY26 Profit At ₹269 Crore, Revenue At ₹901 Crore; Fair Value Gain...
Jio Financial Services Q3 FY26 Profit At ₹269 Crore, Revenue At ₹901 Crore; Fair Value Gain...
L&T Technology Services Reports ₹3,026 Million Profit & ₹29,235 Million Revenue In Q3 FY26
L&T Technology Services Reports ₹3,026 Million Profit & ₹29,235 Million Revenue In Q3 FY26