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Purplle acquires 100% stake in Indian arm of Faces Canada
short by Hiral Goyal / on Friday, 17 December, 2021
Mumbai-based online beauty products retailer Purplle announced that it has acquired a 100% stake in the Indian arm of cosmetics and skincare brand Faces Canada. The companies did not disclose the size of the deal. Both Purplle and Faces Canada are backed by Sequoia Capital. Founded in 2012, Purplle closed a $140 million Series D funding round this year.