D2C Brand Neeman’s Raises $4 Mn To Expand Offline Presence

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SUMMARY

Neeman’s has raised $4 Mn (around INR 35 Cr) in its Series B2 funding round led by SNAM Group, via its investment arm SNAM Solutions

While SNAM Group invested INR 16 Cr, existing investors Anicut Capital, ENAM Investments and Sharrp Ventures also participated in the round

The startup plans to use the fresh capital to expand its offline footprint by adding more stores, and strengthen its online operations. It also aims to improve supply chain efficiency as it scales

D2C footwear brand Neeman’s has raised $4 Mn…



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D2C Brand Neeman’s Raises $4 Mn To Expand Offline Presence


SUMMARY

Neeman’s has raised $4 Mn (around INR 35 Cr) in its Series B2 funding round led by SNAM Group, via its investment arm SNAM Solutions

While SNAM Group invested INR 16 Cr, existing investors Anicut Capital, ENAM Investments and Sharrp Ventures also participated in the round

The startup plans to use the fresh capital to expand its offline footprint by adding more stores, and strengthen its online operations. It also aims to improve supply chain efficiency as it scales

D2C footwear brand Neeman’s has raised $4 Mn…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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