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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.
Living Food, a managed marketplace startup for fresh, healthy and artisanal F&Bs, has raised $7.5 Mn in Series A round led by Amasia.
Rising travel demand makes hospitality startups in India a hot pick Photo: Pixabay July 21, 2021 Hospitality startups across both budget and luxury segments have garnered the interest of investors who are betting big on the post-pandemic trend of staycations and workcations. This comes against the backdrop of branded properties becoming the go-to choice for travellers, driven by factors such people continuing to work from home. Backpacker hostel brand GoStops, which targets 18- to-35-year-olds looking for affordable accommodation, raised $1 million in July in pre-Series A round led by I...