Goldman Sachs-backed magnificence startup Purplle turns into India’s newest unicorn

Goldman Sachs-backed magnificence startup Purplle turns into India’s newest unicorn

by Sarissa Rai On-line cosmetics retailer Purplle raised funds at a valuation of 85 billion rupees, turning into the second $1 billion firm to be created in India this week, regardless of souring investor sentiment in direction of the startup. The Mumbai-based firm has raised Rs 256 crore in Sequence E funding from South Korea’s … Read more

Newer verticals of Nykaa might cut back its attraction, have an effect on profitability

Newer verticals of Nykaa might cut back its attraction, have an effect on profitability

Nykaa’s dad or mum firm, FSN E-Commerce Ventures Ltd, held its first investor and analyst assembly on Thursday, offering loads of particulars about its marketing strategy. Analysts applauded the transfer. “At a time when most client and web firms make excuses for poor disclosure, typically below the guise of ‘aggressive causes’, Nykaa stands out,” analysts … Read more

The Peculiar Nykaa launches in India

The Peculiar Nykaa launches in India

Widespread for inexpensive, science-backed skincare formulation, Canada’s favourite The Peculiar launches in India in its trademark drab bottle Widespread for inexpensive, science-backed skincare formulation, Canada’s favourite The Peculiar launches in India in its trademark drab bottle The Peculiar isn’t any stranger to magnificence lovers throughout the globe – since its launch in 2013, Indians have … Read more

Perfora Merchandise: D2C oral magnificence, wellness model Perfora raises $1M led by Sauce

Perfora Merchandise: D2C oral magnificence, wellness model Perfora raises M led by Sauce

Direct-to-consumer (D2C) oral magnificence and wellness model Perfora has raised a seed spherical led by Sauce.VC and strategic traders together with Lotus Herbals Household Workplace, Shiprocket Group and Sara Worldwide Group, a senior firm government advised ET. raised $1 million. . The model will use the funds to construct a crew to launch a variety … Read more

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