Purple Style Labs (PSL), owner of Pernia’s Pop-Up Shop raises USD 10 Million in Series B-round from Madhuri Dixit Nene and a cluster of investors
New Delhi: PSL has scaled the business of Pernia’s Pop-Up Shop at an astonishing pace to achieve a 50X growth in only four years (acquisition in 2018), despite seeing a suppressed market in the last two years. PSL’s current growth plans and projections include achieving INR 750 Cr+ (~USD 100Mn) Gross Sales in ongoing FY 22-23. Purple Style Labs (PSL), owner of Pernia’s Pop-Up Shop (PPUS), India’s largest omni-channel luxury fashion e-commerce platform, has raised USD 10 million in its Series-B round led by Akash Bhansali (Director, Enam Holdings). The round saw participation from renowned investors and industry veterans like…