Purple Dip

Gurugram, India
Operates as an online platform specializing in the sale of high-quality handicrafts.

About Purple Dip

Purple Dip is a Retail company based in Gurugram (India) by Rachna Somani. It operates as an online platform specializing in the sale of high-quality handicrafts. It operates on a B2C model. Its chief executive, as recorded, is Rachna Somani. Its Indian entity Purpledip Global Private Limited reported revenue of β‚Ή1.36 Cr. Its focus areas include E-commerce, Handicrafts and Online Sales. Its competitors include 10Club, Nestasia and Fabindia; 2 of its 3 listed competitors have raised funding.

Company details

Purple Dip, led by Rachna Somani as Founder, CEO, specializes in engaging in retail operations, operating online marketplaces, handicrafts, and conducting sales online. Operates as an online platform specializing in the sale of high-quality handicrafts. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.

Key Metrics
  • Annual Revenue
    ₹1.36 Cr

    FY 2024 · -6% YoY

  • Net Profit
    ₹63,260

    FY 2024 · 0% margin

  • EBITDA
    ₹1.9 Lakh

    FY 2024 · 1% margin

  • Employee Count
    1

Board of directors of Purpledip Global Private Limited (Purple Dip)

Purpledip Global Private Limited is the primary company behind Purple Dip. The board of Purpledip Global Private Limited currently have 2 directors; the longest-serving is Hemant Somani, appointed in 2020.

DirectorDesignationAppointedTenureEntity
Hemant Somani
DIN 01880617
Director08 Oct 20206 yrsPurpledip Global Private Limited
Rachna Somani
DIN 08909273
Director08 Oct 20206 yrsPurpledip Global Private Limited

People of Purple Dip

1 people are tracked at Purple Dip (1 in leadership); the tracked headcount is 1.

NameRoleGroup
Founder, CEOLeadership
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Financials of Purple Dip

Figures of Purpledip Global Private Limited, the primary company behind Purple Dip, for FY 2024. Revenue was ₹1.36 Cr (-6% year on year). Net profit was ₹63,260 (0% margin). EBITDA was ₹1.9 Lakh (1% margin). Revenue has grown at a compounded annual rate of +219% over three years.

  • ₹1.36 CrRevenue · FY 2024 · -6% YoY
  • ₹63,260Net profit · 0% margin
  • ₹1.9 LakhEBITDA · 1% margin
  • ₹1 LakhPaid-up capital
  • +219%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Purpledip Global Private Limited are on its company page.

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Detailed financial statements for Purple Dip

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Competitors of Purple Dip

Purple Dip has 3 listed competitors in our database, 2 of them funded. They include 10Club, Nestasia and Fabindia.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
10clubhomes.com2020Bengaluru, India$44.47M48
Multi-category home products are offered through an internet-first platform.
nestasia.in2018Kolkata, India$12.4M164
Internet-first brand of multi-category home improvement products
fabindia.com1960Delhi, India1,522
Internet first brand of ethnic wear, home furniture, and home decor products
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Detailed competitors of Purple Dip

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  • Operating metrics
  • Benchmarks
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Web traffic of Purple Dip

The website of Purple Dip (purpledip.com) receives about 2.2K visits a month.

  • Monthly visits
    2.2K

    ▲ 38.4% vs previous month

Top companies in Stationery, Gifting & Handicrafts E-Commerce

2 companies that operate in the same segment as Purple Dip (Stationery, Gifting & Handicrafts E-Commerce) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Multi-category gifting products are provided through an online platform.
2015Mumbai, Maharashtra, IndiaUSD 4.35 MUSD 916.16 K
AI-powered loyalty, rewards, and employee engagement solutions are provided.
2012Bengaluru, Karnataka, IndiaUSD 100.61 MUSD 98.95 M327
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Frequently Asked Questions about Purple Dip

Purple Dip is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Rachna Somani is the CEO of Purple Dip, as recorded in our data. They have also founded this company.

Purple Dip has 1 employees.

The primary company behind Purple Dip, Purpledip Global Private Limited, reported revenue of β‚Ή1.36 Cr for FY 2024, down 6% year on year.

Purple Dip, led by Rachna Somani as Founder, CEO, specializes in engaging in retail operations, operating online marketplaces, handicrafts, and conducting sales online. Operates as an online platform specializing in the sale of high-quality handicrafts. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.

Purple Dip's top competitors include Nestasia, Fabindia and 10Club.

Purple Dip operates through Purpledip Global Private Limited.

The legal entities of Purple Dip currently have 2 directors, including Hemant Somani, Rachna Somani.

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