Latest Breaking News On - Itha projected run rate of usd 120 million in gross sales by march 2024 pernia 39s pop up shop was also recently featured on the financial times 39 list 500 high growth companies asia pacific region 2023 it is only indian company that ranks among top 100 apparel amp fashion category these significant achievements area testament to psl unwavering commitment revolutionizing luxury industry since acquisition 2018 - Page 1 : comparemela.com
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