Online beauty startup Purplle bags $56 Mn from Kedaara Capital, Sequoia
Image Credit: Inc42
Mumbai-based Purplle, an ecommerce for beauty products in the country, is raising INR 425.26 Cr (~$56.6 Mn) in a new round of investment from Kedaara Capital and its existing investors Sequoia Capital and Blume Ventures. The new round of investment will be led by Kedaara Capital, which will be pumping in $49 Mn for Series D compulsory convertible preference shares.