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

Industry Leaders Optimistic About India’s Economic Strengthening In 2026 As Free Trade Pacts Boost...

Industry Leaders Optimistic About India’s Economic Strengthening In 2026 As Free Trade Pacts Boost...

GAIL Gas Cuts CNG And Domestic PNG Prices By ₹1 After Pipeline Tariff Rationalisation

GAIL Gas Cuts CNG And Domestic PNG Prices By ₹1 After Pipeline Tariff Rationalisation

Government Replaces Annual KYC Filing For Company Directors With Once-In-Three-Years KYC Intimation...

Government Replaces Annual KYC Filing For Company Directors With Once-In-Three-Years KYC Intimation...

Vodafone Idea Hit With ₹638 Crore GST Penalty Order, To Challenge Legally

Vodafone Idea Hit With ₹638 Crore GST Penalty Order, To Challenge Legally

ED Freezes ₹192 Crore Of WinZO In Fresh Raid On Auditor, Total Frozen Assets Near ₹700 Crore

ED Freezes ₹192 Crore Of WinZO In Fresh Raid On Auditor, Total Frozen Assets Near ₹700 Crore