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India

Purple Style Labs

₹1.6B startup

Summary

Purple Style Labs raised around ₹162.5 Cr in debt across multiple tranches after receiving SEBI’s approval to proceed with its IPO. The financing came through non-convertible debentures from institutional investors, family offices, high-net-worth individuals, and angel investors.

Investors

Kairos Ventures, Real Capital Financial Services, Texport International, Rupendra Periwal, Satyen Jitendra Mamtora, Andy Iyer Sankaranarayanan