Looks very much like either Star Pravah or Star Kiran in terms of appearance to me. Colors channels are not known for using so much yellow. Colors is all about pink, purple and orange so this looks as if it was ripped from Star Pravah. Still, it stands out from the generic Colors graphics pattern.
This resembles too much with Star Pravah in terms of colour scheme,the use of hexagonal elements everywhere etc.
It would have been better if they would have used petals with pink colour combination as the other Colors channels. Also could be that they are trying something different to attract more audience.