Sustainable footwear brand Neeman's raises ₹35.5 cr funding

Sustainable footwear brand Neeman's raises ₹35.5 cr funding

Sustainable footwear brand Neeman's has raised ₹35.5 crore in a Series B2 round through preference shares at ₹6,465 each. Led by Snam Solutions, with Grand Anicut and Sharrp Ventures, the round values the Hyderabad-based D2C startup at ₹439 crore post-money. Revenue rose 11.4% to ₹76.9 crore in FY24 while losses narrowed.

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