Startup Profile
Purplle
Legal entity: Manash Lifestyle Private Limited
India's value-focused omnichannel beauty marketplace
Funding raised
₹4648.00 Cr
Total disclosed
Latest valuation
₹9960.00 Cr
Most recent round
Latest revenue
₹679.60 Cr
FY FY24
Employees
—
FY FY24
Founders
- Manish Taneja
Co-founder and CEO of Purplle. An electrical engineering graduate from IIT Delhi (2007) who worked in financial services at Avendus Capital and Fidelity Growth Partners India before co-founding Purplle in 2012.
- Rahul Dash
Co-founder and COO of Purplle. An IIT engineer who co-founded the company with Manish Taneja in 2012 after doing primary market research across stores in and around Mumbai.
- Suyash Katyayani
Co-founder of Purplle, named among the founding team alongside Manish Taneja and Rahul Dash.
Funding rounds
- Series F2024-10-14₹1500.00 CrLed by Abu Dhabi Investment Authority (ADIA)
- Series E2022-06-09₹273.90 CrLed by Paramark Ventures
- Series D2021-11-22₹800.00 CrLed by Kedaara Capital and Premji Invest
Financials
MCA / self-reported| Fiscal year | Revenue | Profit / (Loss) | Employees |
|---|---|---|---|
| FY24 | ₹679.60 Cr | (₹124.10 Cr) | — |
| FY23 | ₹475.00 Cr | (₹230.00 Cr) | — |
The full story
Rich-text rendering of long_story is wired in the design pass.
Timeline
- 2024-10Series F round closes at $180M — ADIA-led round of Rs 1,500 crore at a $1.2-1.3 billion valuation, with Premji Invest, Blume Ventures and Sharrp Ventures participating.
- 2024FY24 revenue hits ~Rs 680 Cr, loss halves — Operating revenue grows 43% to Rs 679.6 crore and net loss falls 46% to Rs 124 crore.
- 2022-06Becomes a unicorn — Raises $33M Series E from Paramark Ventures, crossing a $1.1 billion valuation and entering the unicorn club.
- 2021-11Series D round closes at ~$106.7M — Round led by Kedaara Capital and Premji Invest with Sequoia and Blume, valuing Purplle at about $600 million.
- 2012Purplle founded — Manish Taneja and Rahul Dash launch Purplle as an online beauty and personal care marketplace under Manash Lifestyle Pvt Ltd.
Data sources
- seed-list↗ · last fetched 2026-05-28
- favicon↗ · last fetched 2026-05-31
- YourStory↗ · last fetched 2026-06-01
- Tracxn↗ · last fetched 2026-06-01
- Entrackr (Series D)↗ · last fetched 2026-06-01
- Entrackr (Series F)↗ · last fetched 2026-06-01
- Entrackr (FY24 financials)↗ · last fetched 2026-06-01
- Inc42 (FY24 financials)↗ · last fetched 2026-06-01
- Inc42 (FY23 financials)↗ · last fetched 2026-06-01
- Entrepreneur India (unicorn / Series E)↗ · last fetched 2026-06-01