Gully Labs raises Rs 8.7 Cr in a seed round led by Zeropearl VC to expand its product offering and retail presence.

Jun 03, 2025•2 months ago

Amount Raised

₹8.7 Million

Round Type

seed

New DelhiRetailFashion

Investors

Stride VenturesRahul SethAnurag RamadasanRenee Cosmetics Founder Ashutosh ValaniNishchay AgSuhasini SampathBounce Co Founder & Ceo Vivekananda HallekereAtrium VenturesUntitled VenturesZeropearl Vc

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.

Company Information

Company

Gully Labs

Location

New Delhi, Delhi, India

About

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. Co-founded in 2023 by Arjun Singh and Animesh Mishra, the company aims to diversify its product mix, expand sales channels, and open physical retail stores. Gully Labs sells its products through its website and in select partner stores across Indian metros. The company is focused on building a larger production facility and increasing its presence in India and global markets.

Related People

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers