NEWME

NEWME

Internet First brand of current-trend women's apparel, accessories, and coordinated outfit sets

Founded

2022

Headquarters

Bengaluru

Status

Series B

Company Details

Website

Socials

Email

Phone

N/A

NEWME is a fast-fashion e-commerce brand specializing in trendy, affordable apparel designed specifically for Gen Z consumers in India and Southeast Asia.

Core Products and Services

  • Weekly Fresh Designs: Launches 500+ new fashion styles every week across multiple categories including dresses, tops, bottoms, and casual wear.

  • Multi-Channel Retail: Operates a direct-to-consumer platform through website and mobile app, complemented by 14+ physical retail stores across major Indian cities.

  • Quick Commerce Integration: Offers 30-60 minute express deliveries through quick commerce hubs (currently in Bengaluru and Delhi).

  • Data-Driven Product Selection: Uses technology and analytics to identify trending styles rather than relying on traditional design instincts, ensuring inventory-light operations.

  • Diverse Product Range: Offers over 12,000+ live styles targeting women aged 16-24 with emphasis on diversity and individualism.

Business Model and Revenue Streams

  • Direct-to-Consumer (D2C) Model: Sells fashion products directly through its online platform and physical stores, cutting out intermediaries to maintain affordability and control quality.

  • Multiple Revenue Channels: Generates revenue from e-commerce sales through website and app (primary channel), retail store sales, and quick commerce orders which currently account for 20% of daily orders in Delhi and 5-6% in Bengaluru.

  • High-Volume, Low-Margin Strategy: Operates on a fast-fashion model with rapid inventory turnover, targeting high volume sales at competitive price points to capture the Gen Z market segment.

Key People

Sumit Jasoria

Himanshu Chaudhary

Shivam Tripathi

Key Metrics

Total Equity Funding

$35.6Million

No. of Funding Rounds

5

Latest Funding Round

$12Million, Series B

as of November 29, 2025

Post Money Valuation

$81.2Million

as of March 25, 2025

Funding Multiple

-

as of N/A

Investors

Stride Ventures

and 4 more

Employee Count

279

Similar Companies

Littlebox India

Exit Details

No Exits

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
November 29, 2025Series B$12Million--- Accel, Fireside Ventures, Point72 Ventures, AUM Ventures, 2am VC
June 28, 2024Series A$18Million$78.8Million-- Accel, Fireside Ventures, AUM Ventures, 2am VC, Afore Capital, All In Capital, Innoven Capital, Stride Ventures
November 13, 2023Seed$5.4Million$21.3Million--Fireside Ventures, AUM Ventures, 2am VC, All In Capital
October 7, 2023Seed$156K$7.98Million--Angel List

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