Founder · Purple Style Labs

Abhishek Agarwal

Founder & CEO of Purple Style Labs, a luxury fashion company based in Mumbai.

Founder · CEOMumbaiLuxury Fashion
Founded
2015
Mumbai, India
Raised to date
$40M
1 round on record
Latest round
Series E
$40M · Mar 2025
Team
1001–5000
Purple Style Labs Limited

About

Abhishek Agarwal is Founder & CEO of Purple Style Labs, a luxury fashion company based in Mumbai, founded in 2015. Purple Style Labs's most recent disclosed round was a funding round of $40M in Mar 2025.

Compiled from StartupFox records · updates as coverage is published

Company

Est. 2015
Purple Style Labs
Luxury Fashion · Mumbai · 1001–5000 people · Active

Mumbai-based omnichannel luxury fashion company that owns and operates Pernia's Pop-Up Shop, a multi-brand platform retailing designer wear, jewellery and accessories with a focus on wedding and occasion wear. Purple Style Labs sells across a network of large-format experience centres and a digital platform, carrying products from over 1,100 Indian designer brands and serving around 100 countries. Founded in 2015 by Abhishek Agarwal.

Funding
Mar 2025Series E$40MSageOne Flagship Growth OE Fund, Alchemy Long Term Ventures Fund, Bajaj Holdings, Minerva Ventures Fund
Company profile →1 round on record

Journey with Purple Style Labs

2 milestones
  1. 2015Founded

    Purple Style Labs founded in Mumbai by Abhishek Agarwal, operating the multi-brand luxury fashion platform Pernia's Pop-Up Shop. Read the story →

  2. Aug 2026Milestone

    Raised ₹306 crore from 10 anchor investors led by ICICI Prudential Mutual Fund ahead of its ₹680 crore IPO, an all-fresh-issue offering opening 31 August 2026. Read the story →

Coverage

1 story
Markets & IPO · 31 Aug 2026 · 5 min read
Purple Style Labs Raises ₹306 Crore From Anchor Investors Ahead of Its ₹680 Crore IPO