Newme funding, investors and company details

Newme is an emerging Clothing and Apparels startup from Bengaluru, working in the space of Fast fashion / women’s apparel retail (fashion-tech). Founded by Sumit Jasoria, Shivam Tripathi, Vinod Naik, Himanshu Chaudhary.

Company: Fraicheur Retail Private Limited
Sector: Clothing and Apparels
Location: Bengaluru
Founders: Sumit Jasoria, Shivam Tripathi, Vinod Naik, Himanshu Chaudhary
Total funding raised: ₹195.53 Cr

Company overview

Newme is a digital-first fashion brand focused on Gen-Z women, offering trend-led, affordable apparel and accessories. The company leverages social media, creator insights, and real-time data to quickly identify emerging fashion trends and translate them into short production cycles. Operating primarily through its mobile app and online channels, Newme emphasizes speed, limited drops, and frequent new launches to keep assortments fresh. Its asset-light, tech-enabled supply chain allows rapid design-to-market execution while minimizing inventory risk. Overall, Newme positions itself as a fast, community-driven fashion platform built for young, mobile-native consumers.

Funding rounds

Latest round (Series A): $ 18.00 Mn (₹150.66 Cr.), 2024-07-18. Investors: Fireside Ventures, AUM Ventures
Past round (Seed): $ 5.40 Mn (₹44.87 Cr.), 2024-01-25. Investors: Fireside Ventures, AUM Ventures, 2AM.VC, Allin Capital