
Aug 31, 2026
✦CNBC TV18
Purple Style Labs opens IPO with store expansion, marketing in focus
Purple Style Labs opened its ₹680 crore IPO on August 31. CEO Abhishek Agarwal said, “We have always been a growth-focused company.” The firm plans to use the funds for store lease liabilities and marketing. This strategy aims to boost the luxury fashion platform after three years of reported losses.