About Purplle
Purplle is a company based in Mumbai (India) founded in 2011 by Suyash Katyayani, Manish Taneja, and Rahul Dash. It operates as a Direct-to-Consumer (D2C), and Two-Sided Marketplace. Purplle has raised $559.95 million across 18 funding rounds from investors including Goldman Sachs, Akatsuki and BlackSoil. Purplle has completed 2 acquisitions, including Carmesi and Faces Canada. Purplle offers products and services including Makeup Products, Skin Care Products, Hair Care Products, and Fragrances. Purplle operates in a competitive market with competitors including Nykaa, FOXY, Leeford, My Derma Store and Arish Shoppe, among others.
- Headquarter Mumbai, India
- Founders Suyash Katyayani, Manish Taneja, Rahul Dash
- Stage Soonicorn
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Purplle
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$559.95 M (USD)
in 18 rounds
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Latest Funding Round
$178.35 M (USD), Series F
Jun 27, 2024
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Investors
Goldman Sachs
& 89 more
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Employee Count
Employee Count
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Investments & Acquisitions
Carmesi
& 1 more
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Products & Services of Purplle
Purplle offers a comprehensive portfolio of products and services, including Makeup Products, Skin Care Products, Hair Care Products, and Fragrances. 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.
Various makeup items are offered for personal use.
Skin care solutions are provided for diverse needs.
Hair care items are sold for grooming purposes.
Perfumes and deodorants are available for purchase online.
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Funding Insights of Purplle
Purplle has successfully raised a total of $559.95M across 18 strategic funding rounds. The most recent funding activity was a Series F round of $178.35 million completed in June 2024. 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 18
- Last Round Series F — $178.3M
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First Round
First Round
(22 Mar 2012)
- Investors Count 90
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series F - Purplle | Valuation |
investors |
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| Mar, 2024 | Amount | Series E - Purplle | Valuation | ADIA , BlackSoil |
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| Jan, 2023 | Amount | Series E - Purplle | Valuation | ADIA |
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| 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 Purplle
Purplle has secured backing from 90 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Goldman Sachs, Akatsuki and BlackSoil. 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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Provides venture capital for technology startups and enterprise innovations worldwide.
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Founded Year | Domain | Location | |
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Seed and early-stage investments are made across sectors in India.
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Founded Year | Domain | Location | |
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Investment office backing consumer sector companies in India.
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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 Purplle
Purplle has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Carmesi and Faces Canada. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Feminine care products are offered through an internet-first brand.
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2017 | ||||
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Cosmetics, skincare, makeup, fragrance, nail, and accessory products are retailed.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Purplle
| 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 |
Purplle Comparisons
Competitors of Purplle
Purplle operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Nykaa, FOXY, Leeford, My Derma Store and Arish Shoppe, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cosmetics, skincare, haircare, and wellness products are retailed online.
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| domain | founded_year | HQ Location |
Personalized beauty product discovery is offered via an online platform.
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| domain | founded_year | HQ Location |
Offers an online platform for a range of personal care products.
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| domain | founded_year | HQ Location |
Online platform selling dermatological products and offering expert consultations.
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| domain | founded_year | HQ Location |
Functions as an online retail platform offering multi-category beauty products.
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| 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 Purplle
Frequently Asked Questions about Purplle
When was Purplle founded?
Purplle was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Purplle located?
Purplle is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Purplle?
Manish Taneja is the current CEO of Purplle. They have also founded this company.
Is Purplle a funded company?
Purplle is a funded company, having raised a total of $559.95M across 18 funding rounds to date. The company's 1st funding round was a Series E of $9.6M, raised on Mar 22, 2012.
What does Purplle do?
A wide range of beauty and cosmetic products are sold through an online platform by Purplle. Categories such as makeup, skin care, hair care, and fragrances are covered. Various top brands and Purplles own products are offered to customers in India. The platform serves as a direct-to-consumer retailer and marketplace for beauty solutions. Additional resources like beauty tips and guides are provided to enhance user experience.
Who are the top competitors of Purplle?
What products or services does Purplle offer?
Purplle offers Makeup Products, Skin Care Products, Hair Care Products, and Fragrances.
How many acquisitions has Purplle made?
Purplle has made 2 acquisitions, including Carmesi, and Faces Canada.
Who are Purplle's investors?
Purplle has 90 investors. Key investors include Goldman Sachs, Akatsuki, BlackSoil, Mumbai Angels, and IvyCap Ventures.
What is Purplle's valuation?
The valuation of Purplle is $995.9M as of Jan 2023.