Tech Company Financing Transactions
Newme Funding Round
Newme, based in Bangalore, Karnataka, secured investment capital from Accel Partners and private investors.
Transaction Overview
Company Name
Announced On
2/6/2024
Transaction Type
Amount
Unknown
Round
Undisclosed
Investors
Accel Partners (Lead Investor)
Proceeds Purpose
The proposed funding would value Newme, dubbed "Shein for India" by some backers.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
T1 Flat Number 22A, 22 Floor, Pashmina Waterfront, Bhattarah
Bangalore, Karnataka, 560049
India
Bangalore, Karnataka, 560049
India
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
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!
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sumit Jasoria
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We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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