Gully Labs raises Rs 8.7 Cr in a seed round led by Zeropearl VC to expand its product offering and retail presence.
Amount Raised
₹87 Million
Round Type
Seed
New DelhiFashionRetailInvestors
Description
Gully Labs has raised Rs 8.7 crore in a seed funding round, which includes Rs 7.6 crore in equity and Rs 1.1 crore in venture debt. The equity round was led by Zeropearl VC with additional participation from various angel investors. The new funds will help diversify the product mix and expand sales channels, including opening physical retail stores. Co-founded in 2023, Gully Labs focuses on handmade sneakers with rich cultural stories.
Quick answer
Gully Labs raised ₹87 Million in a Seed round, dated June 3, 2025. Investors: Rahul Seth, Anurag Ramadasan, Stride Ventures, Untitled Ventures, Atrium Ventures, Bounce Co Founder & Ceo Vivekananda Hallekere, Suhasini Sampath and Nishchay AG. Gully Labs is based in New Delhi, Delhi, India.
- How much did Gully Labs raise?
- Gully Labs raised ₹87 Million in a Seed round on June 3, 2025.
- Who invested in Gully Labs?
- Rahul Seth, Anurag Ramadasan, Stride Ventures, Untitled Ventures, Atrium Ventures, Bounce Co Founder & Ceo Vivekananda Hallekere, Suhasini Sampath and Nishchay AG are named as investors in this round.
- What does Gully Labs do?
- Gully Labs is a sneaker brand that crafts handmade sneakers, blending premium materials with culturally rich design stories, such as Phulkari-embroidered trainers and Onam-inspired silhouettes.
- Where is Gully Labs based and how big is it?
- Gully Labs is based in New Delhi, Delhi, India.
- Who are the decision-makers at Gully Labs?
- Fundz holds 1 contact at Gully Labs. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Fashion and Retail around the same time
Companies in the same sectors as Gully Labs that raised within 45 days of this round, from Fundz verified event records.
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