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The Economic Times — Techeconomictimes.indiatimes.com

Purplle pauses fundraising talks as founders bag Rs 90-100 crore stake (opens original article in a new tab)

TL;DR

Purplle paused fundraising talks over valuation differences while founders bought shares at a higher valuation. The company is focusing on in-house brands and offline expansion.

  • Purplle paused fundraising due to valuation disagreements
  • Founders bought shares worth Rs 90-100 crore at Rs 11,300 crore valuation
  • Company focuses on in-house brands and offline expansion

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