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Pernia Parent Purple Style labs bags $14 Mn funding for global expansion

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Content Team
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Luxury fashion house Purple Style Labs, the parent of Pernia’s Pop-Up Shop, has raised $14 Mn (about INR 114.5 Cr) in a Series C funding round led by ValueQuest, ScaleFund, Singularity Growth Opportunities Fund I, ValPro, Masaba Gupta, among others. The funding round also saw participation from existing investors such as Astarc Ventures, Param Capital partner Mukul Agrawal, and Xander Group founder Sid Yog, the startup said in a statement.