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Fast fashion brand Newme raises $5 Mn in seed round

Fast fashion brand Newme raises $5 Mn in seed round

01/25/24, 5:39 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IN.svgbengaluru
Money raised
$5.4 million
Industry
retail apparel and fashion
Investors
Fireside Ventures
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 Info

Company
Newme
Location
bengaluru, karnataka, india
Additional Info
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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