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Business
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  • November 19, 2021
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Founded in 2012 by Manish Taneja and Rahul Dash, Purplle has seven million monthly active users. The beauty retailer sells over 1,000 brands with nearly 50,000 products on its website and app. Ecommerce beauty platform Purplle has raised $60 million from Premji Invest, the family office of Wipro founder-chairman...

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Business
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  • November 15, 2021
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The Flipkart Group has signed a deal to acquire a majority stake in online pharmacy Sastasundar Marketplace to launch its own healthcare business amid a pandemic-triggered consolidation in India’s health tech industry. SastaSundar.com offers a digital healthcare and pharmacy platform supported by a network of more than 490 pharmacies. The company is backed...

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Business
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  • March 23, 2020
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After Paytm’s parent firm One97 Communications had a disappointing debut on India’s stock markets on Thursday, Vijay Shekhar Sharma, its founder, and chief executive told us it should only be seen as a first-day reaction and not a reflection of the company’s long-term performance. Paytm’s IPO, the largest-ever in India, followed successful...

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