Fast fashion brand Newme raises $5 Mn in seed round

Jan 25, 2024•almost 2 years ago

Amount Raised

$5.4 Million

BengaluruRetail Apparel and Fashion

Investors

Fireside Ventures

Description

Fast fashion brand Newme has raised $5.4 million in a seed funding round led by Fireside Ventures. The funds will be used to enhance its supply chain, ramp-up manufacturing, and build a technology team, with plans to increase its offline presence in 20 cities with 1.5 lakh square feet of space.

Company Information

Company

Newme

Location

Bengaluru, Karnataka, India

About

newme is a real-time fashion company serving Gen Z across India and South East Asia. newme celebrates diversity and individualism and enables Gen Z to express themselves through the latest fashion trends that are accessible and affordable to all. We bring products that are unique, different and a little bit extra! We are building a new age workplace which fosters creativity, promotes inclusiveness and bring the best out of the employees. We are committed, ambitious and hardworking and offer a space for you to flourish, develop and take your career to the next level.

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Funding Insights

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