Funding round
Purplle Seed
Purplle, which works in beauty and cosmetic product retail in Mumbai, raised $604K in a Seed round announced on 1 Aug 2013. 2 firms took part. It is Purplle's first venture round on record.
$604K
Amount raised
Not disclosed
Post-money valuation
2
Investors
no lead named
Valuation
What this round says about the price
Purplle did not disclose a valuation in this round. It is Purplle's first venture round on record, 1 year after it was founded in 2012. It is under 1% of the $450M Purplle has raised in the venture rounds on record. Purplle raised again 17 months later: a Series A round of $5.0M in Jan 2015. Its next priced round, a Series D in Oct 2021, valued it at $630M.
Purplle's funding rounds
Purplle has 8 venture rounds on record. This one is highlighted.
- Seed this round 1 Aug 2013 $604K
- Series A 7 Jan 2015 $5.0M
- Series B 11 Jul 2016, led by JSW Ventures $6.0M
- Series C 13 Dec 2019, led by Goldman Sachs $30M
- Series D 29 Oct 2021, led by Kedaara $75M$630M post-money
- Series E 10 Jun 2022, led by Paramark Ventures $33M$1.10B post-money
- Growth 1 Jul 2024, led by Abu Dhabi Investment Authority $120M$1.25B post-money
- Series F 14 Oct 2024, led by Abu Dhabi Investment Authority $180M$1.20B post-money
Investors
Who put money in
2 firms took part; no lead investor was named.
Investors
- backs 117 venture-backed companies
- backs 43 venture-backed companies
Use of proceeds
What the money is for
According to the announcement, the money goes to scaling operations and working capital.
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: 2 in Cosmetics Stores, then Seed rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Cosmetics Stores | 1 Jan 2013 | $91K | not disclosed | not named |
| Cosmetics Stores | 17 Sep 2012 | $3.8M | not disclosed | not named |
| Professional & Management Training | 1 Aug 2013 | $4.0M | not disclosed | not named |
| Hosting & Cloud Infrastructure Providers | 7 Aug 2013 | $3.2M | not disclosed | IA Ventures |
| Tech Companies | 21 Aug 2013 | $2.3M | not disclosed | not named |
| Tech Companies | 9 Aug 2013 | $2.2M | not disclosed | Rembrandt Venture Partners |
| Patreon Tech Companies | 1 Aug 2013 | $2.1M | $7.0M | not named |
| Tech Companies | 27 Aug 2013 | $2.0M | not disclosed | not named |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Purplle raise in its Seed round?
Purplle raised $604K in its Seed round, announced in Aug 2013.
Which investors took part in Purplle's Seed round?
Blume Ventures and Angel Invest.
What was Purplle's valuation at the Seed round?
It was not disclosed.
Did Purplle raise again after this round?
Yes: a Series A round in Jan 2015 of $5.0M.