Purplle
The Eye Foundation Raises USD 75 Mn from Verlinvest to Fuel Expansion Across South India
The funding will be used to expand the network through new greenfield centres and brownfield acquisitions, enhance customer experience, and strengthen the organisation's reach across southern India.
PixelSky Capital Raises INR 150 Cr in First Close, Eyes INR 400 Cr Fund
The fund aims to target secondary stakes in profitable startups valued USD 300 million-USD 1.5 billion, eyeing IPOs by 2026-27.
InCred Alternatives Closes Maiden PE Fund at INR 575 Cr, Surpasses Target
IGPF-I focuses on four core themes: consumption, enterprise, technology, and financial services.
BlackSoil Strengthens Alternative Credit Portfolio with INR 233 Cr Disbursal in Q2FY25
BlackSoil disbursed INR 233 crore funds across 11 companies in Q2FY25, investing in financial institutions, healthcare, logistics, and consumer sectors, with 7 new and 4 repeat investments.
Startup Funding Spotlight: Key Deals to Watch from October 12-18
In the week spanning October 12 to October 18, several Indian startups secured substantial funding, highlighting the robust entrepreneurial ecosystem in the country. Here are the notable deals to watch:
Beauty Unicorn Purplle Closes USD 180 Mn Series F Funding, Expanding Stake for Existing Investors
The raised funding will enhance its mission to democratise beauty by leveraging technology for an improved shopping experience, making beauty products and services more accessible for all consumers.
Fostering a Market-Thesis-Driven Investment Formula: Blume Ventures
Purplle, GreyOrange, Exotel, IDfy, Carbon Clean, TaxiForSure, Turtlemint, Cashify, IntrCity, Zopper, WebEngage, Unacademy, Slice, Spinny, Servify, smallcase, LambdaTest, Ultrahuman, Classplus, and Battery Smart are just a few of the significant companies in which Blume has invested.
The Best Startup Funding This Week: June 29–July 5
Here is a list of the startups that have raised the most money this week, from June 29 to July 5.
Beauty Unicorn Purplle Gains INR 1,000 Cr Investment, Offers Major ESOP Liquidity
The Mumbai-based brand also announced an Employee Stock Ownership Plan (ESOP) liquidity programme, offering INR 50 crore in liquidity to its employees.
Alternative Credit Platform BlackSoil Invests USD 49 Mn in 30 Deals in Q4
The Mumbai-based firm's portfolio includes enterprises like Ideaforge, Upstox, Bluestone, OYO, Udaan, Zetwerk, Spinny, Yatra, Purplle, and Curefoods.
Kedaara Capital Closes its Fourth Fund at USD 1.74 Bn
Kedaara recently made an investment in the Bengaluru-based ice cream brand Dairy Day.
e-Beauty Startup Purplle Turns Unicorn With $33 Million Series E Round
The fresh capital will be invested in developing better technology, build private labels and strengthen the product