From Klub, Purple Style Labs raises Rs 10 Cr.
Purple Style Labs, an omni-channel luxury fashion platform, that bringing together India’s top designers under one umbrella, has raised Rs 10 crore from Klub, a revenue-based financing platform,
The recent funds raised will be utilised to expand in new Indian cities all across the nation. More than 1,000 pieces of designer clothes, that include pieces by Anita Dongre, Tarun Tahiliani, Ritu Kumar, Falguni Shane Peacock, and Masaba, which are available at Purple Style Labs, which also manages Pernia’s Pop-Up Shop.
The startup’s Series-B round was led by Akash Bhansali, director, Enam Holdings saw participation in the month of june from investors such as actress, Madhuri Dixit; Navroz Udwadia, co-founder of Alpha Wave Global; Yuj Ventures; Sid Yog, founder of the Xander Group; Rahul Garg, partner at Premji Invest; Mukul Agrawal, founder of Param Capital, among others.
Purple Style Labs raises Rs 10 Cr from Klub
According to the release shared by the company, Abhishek Agarwal, Founder of Purple Style Labs, said “We are very focussed on staying ahead of the curve and leading the market by combining scale with curation in ways that the Indian market has not seen before.”
Founded in 2015 by Abhishek Agarwal, Purple Style Labs is an online platform that supports emerging designer firms with sales, marketing, and technical assistance.
About Purple Style Labs (PSL)
Purple Style Labs endeavours to build the biggest Luxury Fashion House in India comprising of designer platforms like Pernia’s Pop-Up Shop. Bringing together truly exceptional houses, with an online and offline presence, Purple Style Labs is creating your favourite destinations to discover Indian designer wear in truly unique settings. With the idea of selling a lifestyle and not simply a product, we aspire to create a platform that gives our customers a memorable shopping experience and foster the growth of Indian brands and designers. Exclusivity & creativity trumps all, hence we strive to give you niche brands that have the potential to transform your wardrobes!
When was Purple Style Labs (PSL) founded?
Purple Style Labs (PSL) was founded in 2015.
Who is the founder of Purple Style Labs (PSL)?
Abhishek (Monty) Agarwal is the founder of Purple Style Labs (PSL).
Is Purple Style Labs (PSL) hiring?
Kale Logistics Solutions is hiring for multiple positions like Frontend Developer, Fashion Consultant, Merchandising Intern and Associate Marketing.
What is the team size of Purple Style Labs (PSL)?
As per the popular social media site LinkedIn, Purple Style Labs (PSL) has 251 employees.
Where is the head office of Purple Style Labs (PSL)?
Purple Style Labs headquarters is in Mumbai, Maharashtra, India.
How much is the revenue of Purple Style Labs (PSL)?
Its headquarters are in Mumbai City, Maharashtra, and it is categorised as a private limited business. Its entire paid-up capital is INR 6.22 lac, while its authorised share capital is INR 2.25 cr. The operating revenue range for Purple Style Labs for the fiscal year that ends on March 31, 2021 is INR 1 crore to 100 crore.
Purple Style Labs (PSL) seems to be a fascinating startup with a motivating turn of events on retail apparel and fashion platform. My best wishes to the entire team. This will give them a huge accomplishment in the future.Shishir Gupta, Founder and CEO, StartupLanes
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