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News In Brief Startups

Purplle Raises $75 Million, Current Valuation at $600 Million

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Purplle Raises $75 Million, Current Valuation at $600 Million
30 Oct 2021
3 min read

News Synopsis

Purplle, a women-centric online shopping platform has raised $75 million in its E round led by private equity firm Kedaara Capital. It was the second funding round for the Mumbai-based startup and it previously raised $45 million in its D series round in March. The fundraiser has raised the capital of the startup at an estimate of $600 million. 

The platform sells products of different brands along with its own merchandise on the platform. It claims to have more than 1000 brands with over seven million active users on the application.