Purple Style Labs

Mumbai, India Founded: 2015 • Age: 11 yrs
Ethnic wear products are offered via an online platform.
Annual revenue $12.0M Latest available
Total funding $67.2M 15 rounds
Employees 148 Tracked headcount
Investors 287 Known backers
Products 3 Services tracked
Competitors - Brand Intelligence

About Purple Style Labs

Purple Style Labs is a company based in Mumbai (India) founded in 2015 by Abhishek Agarwal. Purple Style Labs has raised $67.15 million across 15 funding rounds from investors including Angel List, Klub and Wellfound. The company has 148 employees as of April 09, 2024. Purple Style Labs has completed 2 acquisitions, including Pernias Pop Up Shop and Wendell Rodricks. Purple Style Labs offers products and services including Pernia’s Pop-Up Shop, Pernia’s Pop-Up Studio, and First Look Magazine.

  • Headquarter Mumbai, India
  • Employees 148 as on 09 Apr, 2024
  • Founders Abhishek Agarwal
  • Stage Minicorn
  • Sectors
    Retail
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Purple Style Labs Limited
  • Date of Incorporation 06 Aug, 2015
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Retail → Fashion & Retail Innovation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $12.04 M (USD)
    77.77
    as on Mar 31, 2023
  • Net Profit
    -$126.47 K (USD)
    97.63
    as on Mar 31, 2023
  • EBITDA
    -$587.13 K (USD)
    87.66
    as on Mar 31, 2023
  • Total Equity Funding
    $67.15 M (USD)

    in 15 rounds

  • Latest Funding Round
    Not available
  • Investors
    Angel List

    & 286 more

  • Employee Count
    148

    as on Apr 09, 2024

  • Investments & Acquisitions
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Products & Services of Purple Style Labs

Purple Style Labs offers a comprehensive portfolio of products and services, including Pernia’s Pop-Up Shop, Pernia’s Pop-Up Studio, and First Look Magazine.

Product name locked
Category locked
Primary

Online platform for discovering and purchasing Indian luxury fashion brands.

Product name locked
Category locked
Locked

Physical stores offering curated luxury apparel and accessories.

Product name locked
Category locked
Locked

Digital magazine featuring fashion trends and brand insights.

People of Purple Style Labs

Headcount 50-200
Employee Profiles 33
Employee Profiles
People
Saqlain Shaikh
Internet Sales Consultant
People
Ayushi Majithia
Team Lead - Customer Relationship Management (Sales)
People
Sonam Jaisingh
Customer Relationship Management - Sales Manager
People
Nidhi Chavan
CRM Executive

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Funding Insights of Purple Style Labs

Purple Style Labs has successfully raised a total of $67.15M across 15 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Purple Style Labs

Purple Style Labs has secured backing from 287 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Angel List, Klub and Wellfound.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Single family office
Locked Locked Locked
Seed-stage manufacturing tech startups are funded by S Four Capital.
Locked Locked Locked
Investment management services in growth equity and public investments in India.
Locked Locked Locked
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Investor details for Purple Style Labs

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  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Purple Style Labs

Purple Style Labs has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Pernias Pop Up Shop and Wendell Rodricks.

Investments
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Investment portfolio details for Purple Style Labs

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Multi-category ethnic wear is retailed online by the company.
Locked Locked 2009 Locked
Internet first brand of casual apparel for men and women
Locked Locked 1960 Locked
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Complete acquisition details for Purple Style Labs

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  • Transaction dates
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  • Domains and locations

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Financial Statements - Purple Style Labs

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Detailed financials for Purple Style Labs

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Purple Style Labs Comparisons

Purple Style Labs Primary company
Description
Ethnic wear products are offered via an online platform.
Location
Mumbai, India
Founded Year
2015
Annual Revenue
$12.04 M (USD)
Net Profit
-$126.47 K (USD)
EBITDA
-$587.13 K (USD)
Employees
148
As of 2024
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Peer comparison for Purple Style Labs

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Competitors of Purple Style Labs

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Detailed competitors of Purple Style Labs

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Latest news on Purple Style Labs

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Complete news archive for Purple Style Labs

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Purple Style Labs

Purple Style Labs was founded in 2015.

Purple Style Labs is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Abhishek Agarwal is the current CEO of Purple Style Labs. They have also founded this company.

Purple Style Labs is a funded company, having raised a total of $67.15M across 15 funding rounds to date.

As of Apr 09, 2024, the latest employee count at Purple Style Labs is 148.

Annual revenue of Purple Style Labs is $12.04M as on Mar 31, 2023.

Purple Style Labs was founded in 2015 and is based in Mumbai, India. The company operates as an e-commerce platform in the fashion sector, focusing on ethnic wear. A range of products is provided, including apparel such as lehengas, sarees, skirts, and dresses, along with footwear, jewelry, handbags, headwear, shawls, watches, hair accessories, belts, scarves, and wraps. Curated selections of luxury designer items are featured.

Purple Style Labs offers Pernia’s Pop-Up Shop, Pernia’s Pop-Up Studio, and First Look Magazine.

Purple Style Labs has made 2 acquisitions, including Pernias Pop Up Shop, and Wendell Rodricks.

Purple Style Labs has 287 investors. Key investors include Angel List, Klub, Wellfound, LetsVenture, and Careernet.

The valuation of Purple Style Labs is $356.14M as of Jul 2023.

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