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Social commerce platform Coutloot witnesses three-fourths of its sales coming from small towns : Rashtra News #Social #commerce #platform #Coutloot #witnesses #threefourths #sales #coming #small #towns Coutloot, a social commerce platform built on the lines of Taobao, said small towns now account for three-fourths of its business, gaining over 1500 basis points over last year.

As digital technologies and AI become more integrated, the demand for luxury apparel is predicted to increase....

As digital technologies and AI become more integrated, the demand for luxury apparel is predicted to increase.Wilmington, Delaware, United States, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - Global luxury apparel sales reached US$ 75.1 Billion in 2020. From 2021 to 2031, the market is expected to increase at a CAGR of 4%. A market value of US$ 115 billion is forecast for the global luxury apparel industry by 2031. In recent years, social media and digital platforms have

New Delhi, April 13: Purple Style Labs (PSL), the parent company of Pernia's Pop-Up Shop (PPUS), has secured USD 14 million in Series-C funding from an impressive roster of investors, including ValueQuest S C A L E Fund, Singularity Growth Opportunities Fund I, ValPro, Masaba Gupta, and many other high-profile individuals. The round also saw the continued support of existing investors such as Astarc Ventures, Mukul Agrawal (Param Capital), Neelesh Bhatnagar (NB Ventures) and Yuj Ventures/Sid Yog (Founder, Xander Group).

The company plans to invest capital in younger labels and continue acquiring mature brands as part of its vision.