Tech Company Financing Transactions
Purple Style Labs Funding Round
Purple Style Labs closed a $40 million Series E funding round on 3/13/2025. Investors included Alchemy, private investors and Minerva Capital.
Transaction Overview
Company Name
Announced On
3/13/2025
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series E
Investors
Proceeds Purpose
This capital infusion will fuel the company's aggressive expansion plans both domestically and internationally while strengthening its omnichannel capabilities to enhance the shopping experience for Indian fashion globally.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
1st Floor 30B High Tide Juhu Tara Rd.
Mumbai Maharashtra, 400049
India
Mumbai Maharashtra, 400049
India
Phone
Website
Email Address
Overview
Purple Style Labs endeavours to build the biggest Luxury Fashion House in India comprising of two multi-designer platforms - Pernia's Pop-Up Shop and The Stylist. Bringing together truly exceptional houses, with an online and offline presence, Purple Style Labs is creating your favourite destinations to discover Indian designer wear in truly unique settings.
Management Team
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