New Delhi, April 13: Purple Style Labs (PSL), the parent company of Pernia s Pop-Up Shop (PPUS), has secured USD 14 million in Series-C funding from an impressive roster of investors, including ValueQuest S C A L E Fund, Singularity Growth Opportunities Fund I, ValPro, Masaba Gupta, and many other high-profile individuals. The round also saw the continued support of existing investors such as Astarc Ventures, Mukul Agrawal (Param Capital), Neelesh Bhatnagar (NB Ventures) and Yuj Ventures/Sid Yog (Founder, Xander Group).
New Delhi [India], April 13 (ANI/PNN): Purple Style Labs (PSL), the parent company of Pernia's Pop-Up Shop (PPUS), has secured USD 14 million in Series-C funding from an impressive roster of investors, including ValueQuest S C A L E Fund, Singularity Growth Opportunities Fund I, ValPro, Masaba Gupta, and many other high-profile individuals. The round also saw the continued support of existing investors such as Astarc Ventures, Mukul Agrawal (Param Capital), Neelesh Bhatnagar (NB Ventures) and Yuj Ventures/Sid Yog (Founder, Xander Group). With respect to the funding round, Abhishek (Monty) Agarwal, founder of Purple Style Labs, said, "Purple Style Labs was started in 2015 with the vision to build India's largest Luxury Fashion House, and it has been extremely fulfilling for our team and investors to see the rapid progress in that journey. We acquired Pernia's Pop-Up Shop in 2018 and have scaled it over 70x in the last five years, transforming it into the country's l
New Delhi [India], June 29 (ANI/GPRC): PSL has scaled the business of Pernia s Pop-Up Shop at an astonishing pace to achieve a 50X growth in only four years (acquisition in 2018), despite seeing a suppressed market in the last two years.