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Fashion startup Newme raises ₹150 cr in Accel-led Series A round
short by Debaroti Adhikary / on Thursday, 18 July, 2024
Fashion startup Newme has raised $18 million (over ₹150 crore) in Series A funding round led by Accel. Existing investors including Fireside Ventures and AUM Ventures also participated in the round. The funds will be used to accelerate the company's omnichannel presence and strengthen its supply-chain technology. Newme aims to open 40-50 stores in 20 key cities in 12-18 months.
read more at Moneycontrol