Binny Bansal-backed Purple Style Labs raises $40 million from SageOne fund, others

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Purple Style Labs, the parent company of Pernia’s Pop-Up Shop, has raised about $40 million in a funding round led by SageOne Flagship Growth OE Fund, Alchemy Long Term Ventures Fund, Bajaj Holdings & Investment, and Minerva Ventures Fund.

The funding round, a mix of primary and secondary investments, also saw participation by S Four Capital, Sopariwala Exports, Kemfin Family Office, Cordelia Family Trust, Weikfield Family Office, Salil Taneja Family Office, and PKM Capital (Mehta Family Office), among others.

Purple Style Labs was valued at nearly…



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Binny Bansal-backed Purple Style Labs raises $40 million from SageOne fund, others


Purple Style Labs, the parent company of Pernia’s Pop-Up Shop, has raised about $40 million in a funding round led by SageOne Flagship Growth OE Fund, Alchemy Long Term Ventures Fund, Bajaj Holdings & Investment, and Minerva Ventures Fund.

The funding round, a mix of primary and secondary investments, also saw participation by S Four Capital, Sopariwala Exports, Kemfin Family Office, Cordelia Family Trust, Weikfield Family Office, Salil Taneja Family Office, and PKM Capital (Mehta Family Office), among others.

Purple Style Labs was valued at nearly…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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