Purple Style Labs raises Rs 10 Cr from Klub
- ByStartupStory | September 14, 2022
Purple Style Labs, an omni-channel luxury fashion platform, that bringing together India’s top designers under one umbrella, has raised Rs 10 crore from Klub, a revenue-based financing platform,
The recent funds raised will be utilised to expand in new Indian cities all across the nation. More than 1,000 pieces of designer clothes, that include pieces by Anita Dongre, Tarun Tahiliani, Ritu Kumar, Falguni Shane Peacock, and Masaba, which are available at Purple Style Labs, which also manages Pernia’s Pop-Up Shop.
The startup’s Series-B round was led by Akash Bhansali, director, Enam Holdings saw participation in the month of june from investors such as actress, Madhuri Dixit; Navroz Udwadia, co-founder of Alpha Wave Global; Yuj Ventures; Sid Yog, founder of the Xander Group; Rahul Garg, partner at Premji Invest; Mukul Agrawal, founder of Param Capital, among others.
According to the release shared by the company, Abhishek Agarwal, Founder of Purple Style Labs, said “We are very focussed on staying ahead of the curve and leading the market by combining scale with curation in ways that the Indian market has not seen before.”
Founded in 2015 by Abhishek Agarwal, Purple Style Labs is an online platform that supports emerging designer firms with sales, marketing, and technical assistance.
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