Online beauty and personal care platform Purplle is looking to double its sales to $100 million during the current fiscal, as it is bullish on growing demand in the ecommerce space in the wake of the coronavirus pandemic, a company official said.
The ecommerce firm, which has raised $35 million of funding from global investment bank Goldman Sachs and other investors, is exploring opportunities for acquisition in brands, technology, and content space to fuel growth, Purplle co-founder and CEO Manish Taneja told PTI in a telephonic interview.
“The coronavirus pandemic had worked in our favour. In the short term, demand will continue to be robust as people prefer to stay indoors and go for online purchases. Given the economic situation, we may see some speed breakers in the long term,” he said.