Debt financing
Luxury fashion platform Purple Style Labs raises Rs.10-Cr from Klub
Mumbai-based Purple Style Labs, an omni-channel luxury fashion platform, has raised INR 10 crore from Klub, a revenue-based financing platform. Founded by Abhishek Agarwal, Purple Style Labs runs Pernia's Pop-Up Shop, and claims to be home to over 1,000 designer clothing brands including Anita Dongre, Tarun Tahiliani, Ritu Kumar, Falguni Shane Peacock, and Masaba. The funds will be used for expanding sales across India.
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