PE Fund Investments
Fashion player Purple Style Labs raises $40-M in Series E
Purple Style Labs (PSL), parent company of Pernia's Pop-Up Shop, has raised USD 40 million in Series E round led by SageOne Flagship Growth OE Fund, Alchemy Long Term Ventures Fund, Bajaj Holdings & Investment, and Minerva Ventures Fund. The deal also included a secondary component.The round also saw participation from S Four Capital, Sopariwala Exports, Kemfin Family Office, Cordelia Family Trust, Weikfield Family Office, Salil Taneja Family Office, PKM Capital (Mehta Family Office), Satyen Kanoria, and Ritesh Kamani along with existing investors such as Singularity Growth Opportunities Fund I, Neelesh Bhatnagar and Pidilite Family Office.This funds will be used to support PSL's expansion plans, both domestically and internationally and enhance the firm’s omnichannel capabilities to improve the shopping experience.
Between Sept 2016 and December 2024, Purple Style Labs had attracted about USD 43 M from Calcutta Angels Network , LetsVenture, Augment Ventures, Singularity AMC, Touchstone Equities, Astarc Ventures, ValueQuest, Volrado Ventures.
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