startup funding

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

by

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

Zepto bags year’s highest fundraise with $665-m pre-IPO round; valuation doubles

by

The digital platform, which promises to deliver anything from groceries to cosmetics within about 10 minutes, on Friday announced it had raised $665 million in a pre-IPO round at a valuation of $3.6 billion.  Zepto, which is gearing up for a public-market listing next year, had gained its coveted unicorn status just nine months earlier, … Read more