Back News / Neeman’s raises 20 crore in Series A funding led by Sixth Sense Ventures
Neeman’s raises 20 crore in Series A funding led by Sixth Sense Ventures
August 4, 2021Neeman’s raises 20 crore in Series A funding led by Sixth Sense Ventures
Founded in 2018, Neeman’s is a footwear startup that produces shoes made from Merino Wool, suitable for the Indian subcontinent.
The company said it will utilize the funds for product development, launching its brand in international markets, expansion of categories, and for research and development.
Eco-friendly footwear brand Neeman’s, on Wednesday, said it has raised ₹20 crore (about $2.7 million) as a part of its Series A funding round led by Sixth Sense Ventures.
According to the company, it will be utilizing the funds for product development, launching its brand in international markets, expansion of categories, and for research and development.
Founded in 2018, Neeman’s is a footwear startup that produces shoes made from Merino Wool, suitable for the Indian subcontinent.
“We are elated that Neeman’s has in a short period successfully reinvigorated the Indian footwear industry and created the position for ‘The Most Comfortable Shoes’ in the country for itself. We are delighted to have Sixth Sense Ventures partner with us in our journey of being the first sustainable footwear.