Fast fashion brand Newme raises $5 Mn in seed round
01/25/24, 5:39 AM
Location
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
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.