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The Economic Times
The Economic Times
Pranav Mukul

Purplle pauses fundraising talks as founders bag Rs 90-100 crore stake

Omnichannel beauty and personal care retailer Purplle has put on hold its fundraising discussions with private equity investors over valuation differences, said people familiar with the matter.

At the same time, the company’s founders – Manish Taneja, Rahul Dash and Suyash Katyayani – are buying shares worth Rs 90-100 crore from angel investors and some employees at a valuation of about Rs 11,300 crore.

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