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New Delhi [India], June 29 (ANI/GPRC): PSL has scaled the business of Pernia's Pop-Up Shop at an astonishing pace to achieve a 50X growth in only four years (acquisition in 2018), despite seeing a suppressed market in the last two years.
PSL, that acquired Pernia’s Pop-Up Shop in 2018, after which designer Pernia Qureshi stepped down as the Creative Head of the platform, has achieved a 50X growth in the last four years.
Purple Style Labs, the parent of Pernia’s Pop-Up Shop, has raised $10 Mn in a Series B round led by angel investor Akash Bhansali.
Melorra claims to have doubled down its valuation in six months since its last fundraising in October 2021 where it raised $24 Mn.
Melorra saw its valuation double within six months since its last round in Oct 2021