Purple Style Labs
PrivateLast Round
Series E
Mar 1, 2025
Est. Valuation
$400M
Total Funding Raised
$73.65M
Company Overview
Purple Style Labs (PSL) is an omnichannel luxury fashion house founded in 2015 by Abhishek Agarwal and based in Mumbai, India. The company operates as a platform for high-end Indian designer wear, with a significant online presence and over 15 physical retail stores in major Indian cities and London. In 2018, PSL acquired its flagship brand, "Pernia's Pop-Up Shop," and has since scaled it significantly. The company is venture-backed, having raised over $78 million through multiple funding rounds, including a Series E in March 2025. PSL aims to expand its global footprint, with plans for an Initial Public Offering (IPO) in 2026.
Sector
Consumer & Commerce
Verticals
Fashion & Beauty, E-commerce, D2C Brands, Home & Lifestyle, Retail Technology
Business Model
B2C
Customer Profile
Marketplace Commission, Services & Consulting
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Purple Style Labs Comps
Public and private peers based on sector, stage, and business model.
Purple Style Labs Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series E | Mar 1, 2025 | ||||
| Series D | Nov 20, 2023 | ||||
| Series C | Apr 13, 2023 | ||||
| Debt | Sep 14, 2022 | ||||
| Series B | Jun 27, 2022 | ||||
VC Round | Mar 13, 2020 |
Key People
Founding team and executive leadership
Purple Style Labs Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Calcutta Angels Network | Seed |
| Sopariwala Exports | Series E |
| Alchemy Long Term Ventures Fund | Series E |
| Premier Financial Services Private Limited | VC Round |
| Vistra ITCL | VC Round |
| Minerva Ventures Fund | Series E |
| Alchemy Emerging Leaders of Tomorrow | Series E |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jun 1, 2025
Job posting reveals parent company relationship with Pernia's Pop-Up Shop.
- Mar 13, 2025
Leased a new location in South Mumbai, India for Rs 10 lakh per day.
Purple Style Labs Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Purple Style Labs's valuation, stock price, and market status.