Purplle plans to go for IPO in about 4 years from now
- The e-commerce company on Friday had announced the raising of around USD 75 million (about ₹555 crore) in a funding round led by private equity fund Kedaara at an enterprise valuation of USD 630 million ( ₹4,662 crore)
E-commerce firm Purplle, which deals in beauty and personal care products, is planning to go for an initial public offering (IPO) in 3-4 years after scaling up business with a target growth of around 80 per cent year-on-year, a top official of the company said.
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