Purple Style Labs Gets Board Nod To Raise INR 750 Cr Via IPO

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SUMMARY

Premium house of brands Purple Style Labs (PSL) is preparing to launch its public listing bid soon

As per the startup’s filings with the MCA, its board approved the proposal to undertake an IPO comprising a fresh issue of equity shares aggregating up to INR 750 Cr on August 28

The startup has raised over $78 Mn till date from investors like Harish Shah Family Office, Masaba Gupta, among others

Amid the ongoing startup IPO boom in India, premium house of brands Purple Style Labs (PSL) is preparing to launch its…



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Purple Style Labs Gets Board Nod To Raise INR 750 Cr Via IPO


SUMMARY

Premium house of brands Purple Style Labs (PSL) is preparing to launch its public listing bid soon

As per the startup’s filings with the MCA, its board approved the proposal to undertake an IPO comprising a fresh issue of equity shares aggregating up to INR 750 Cr on August 28

The startup has raised over $78 Mn till date from investors like Harish Shah Family Office, Masaba Gupta, among others

Amid the ongoing startup IPO boom in India, premium house of brands Purple Style Labs (PSL) is preparing to launch its…



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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