About Prasanna Purple
Prasanna Purple is a company based in Pune (India) founded in 1986.. Prasanna Purple has raised $11.86 million across 2 funding rounds from investors including Ambit and Rainbow Venture. The company has 669 employees as of February 20, 2025. Prasanna Purple offers products and services including City Bus Services and Intercity Bus Services.
- Headquarter Pune, India
- Employees 669 as on 20 Feb, 2025
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Prasanna Purple Mobility Solutions Pvt. Ltd
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$21.95 M (USD)-8.54as on Mar 31, 2024
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Net Profit
$2.25 M (USD)145.46as on Mar 31, 2024
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EBITDA
$2.96 M (USD)-22.32as on Mar 31, 2024
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Total Equity Funding
$11.86 M (USD)
in 2 rounds
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Latest Funding Round
$1.49 M (USD), Private Equity Round
Jan 31, 2012
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Investors
Ambit
& 1 more
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Employee Count
669
as on Feb 20, 2025
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Products & Services of Prasanna Purple
Prasanna Purple offers a comprehensive portfolio of products and services, including City Bus Services and Intercity Bus Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Public transportation services are delivered through partnerships with government initiatives, focusing on route planning, crew management, and operational efficiency in urban areas.
Super luxury air-conditioned coaching services are provided for daily intercity travel, connecting major cities with a focus on comfort and reliability.
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Funding Insights of Prasanna Purple
Prasanna Purple has successfully raised a total of $11.86M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $1.49 million completed in January 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Private Equity Round — $1.5M
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First Round
First Round
(24 Sep 2009)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2012 | Amount | Private Equity Round - Prasanna Purple | Valuation |
investors |
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| Sep, 2009 | Amount | Private Equity Round - Prasanna Purple | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Prasanna Purple
Prasanna Purple has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Ambit and Rainbow Venture. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Ambit is recognized as a leading provider of financial advice and capital in India.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Prasanna Purple
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Prasanna Purple
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Prasanna Purple Comparisons
Competitors of Prasanna Purple
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Prasanna Purple
Frequently Asked Questions about Prasanna Purple
When was Prasanna Purple founded?
Prasanna Purple was founded in 1986 and raised its 1st funding round 23 years after it was founded.
Where is Prasanna Purple located?
Prasanna Purple is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Is Prasanna Purple a funded company?
Prasanna Purple is a funded company, having raised a total of $11.86M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $10.37M, raised on Sep 24, 2009.
How many employees does Prasanna Purple have?
As of Feb 20, 2025, the latest employee count at Prasanna Purple is 669.
What is the annual revenue of Prasanna Purple?
Annual revenue of Prasanna Purple is $21.95M as on Mar 31, 2024.
What does Prasanna Purple do?
Prasanna Purple was established in 1986 in Pune, India, within the transportation sector. Intra-city bus operations are managed, complemented by inter-city bus routes, rental car services, and weekend tour packages. Holiday packages to various global destinations are also provided. The company focuses on urban and regional mobility solutions across India.
What products or services does Prasanna Purple offer?
Prasanna Purple offers City Bus Services and Intercity Bus Services.
Who are Prasanna Purple's investors?
Prasanna Purple has 2 investors. Key investors include Ambit, and Rainbow Venture.
What is Prasanna Purple's valuation?
The valuation of Prasanna Purple is $78.47M as of Jan 2012.