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Recently Funded|Amount: USD 40.0M|Industry: Retail Apparel and Fashion

Purple Style Labs Secures $40M to Build India’s Largest Luxury Fashion House!

Purple Style Labs (PSL)

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51-200 employees employees (Est.)
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Purple Style Labs is thrilled to announce a milestone funding achievement, having raised 40,000,000 in its latest funding round. This remarkable accomplishment marks a new chapter in our pursuit of building the biggest Luxury Fashion House in India. At the heart of our operations is the vision to create an ecosystem that combines both online and offline presences—exemplified by well-loved platforms like Pernia's Pop-Up Shop—offering a truly unique setting for consumers to explore and discover exquisite Indian designer wear. With this fresh capital boost, we are all set to expand our footprint, refine our offerings, and further elevate the customer experience. Our goal is not merely to sell a product, but to sell a lifestyle—one where exclusivity and creativity come together, transforming shopping into an immersive and memorable experience. We are committed to uplifting emerging Indian brands and designers, fostering an environment where niche labels have the opportunity to shine and redefine their place in the fashion landscape. The new funds will drive initiatives across a spectrum of strategic growth areas, including scaling our physical presence, enhancing our digital platforms, and curating innovative retail experiences that truly resonate with modern luxury consumers. As we embark on this exciting journey, every investment reflects our unwavering belief in the power of creativity and the transformative potential of Indian fashion. We thank our investors, partners, and loyal clientele for their continuous support and passion, and we look forward to crafting new opportunities that not only redefine fashion retail but also celebrate the allure of Indian design at its finest.
March 13, 2025

Buying Signals & Intent

Our AI suggests Purple Style Labs (PSL) may be interested in solutions related to:

  • Investment in fashion labels
  • Luxury branding services
  • E-commerce solutions
  • Marketing and advertising
  • Fashion retail technology

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