Purplle Group raises ₹1,000 crore at $1.25 bn valuation in round led by ADIA as it seeks to open more offline stores | Mint

Omnichannel beauty and personal care products platform Purplle Group on 1 July, announced that it has raised ₹1,000 crore in a funding round led by an arm of Abu Dhabi Investment Authority (ADIA), along with participation from other marquee investors. Cumulatively, the start-up has now raised more than $500 million, while its pre-money valuation has … Read more

Shoppers Stop looks to double its beauty business as global brands come knocking

Last fiscal year the company – which sells clothing, footwear, accessories, home products and beauty products – reported revenues of ₹5,228 crore, up 3% from the previous year. The beauty business reported sales of ₹887 crore in FY24, up 10% year-on-year, while the beauty distribution business — Global SS Beauty Brands — reported additional revenue … Read more