Key Metrics
  • No. of Employees197
  • Founded Year 2022
  • Company StagePrivate Limited Company
  • Total Funding₹195.35 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About NEWME

NEWME is a fashion company operating in real-time, catering primarily to the Gen Z demographic across India and Southeast Asia. The company focuses on providing a wide range of fashion products that emphasize diversity, individualism, and self-expression. NEWME aims to make the latest fashion trends both accessible and affordable, offering unique and distinctive items.

Business Model

NEWME is a fashion e-commerce startup in India, launched in August 2022. The company focuses on trendy and casual wear for young women, particularly Gen Z. It operates on a fast-fashion model, launching new designs weekly and selling directly through their platform, targeting customers in Tier 1, 2, and 3 cities across India.

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NEWME Funding Details
Funding Highlights
Latest Funding RoundSeries A
Total Funding Raised₹195.35 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors2
Investors
  • Fireside Ventures, Accel
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
NEWME Financial Details
Financial Highlights
FY 2023-24 Revenue₹49.69 Cr
FY 2023-24 Expenses₹85.45 Cr
FY 2023-24 Profit/Loss-₹35.75 Cr
Net Cash Flow From OperationsUndisclosed
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
NEWME Key People
People Metrics
Current Core Team4
Board Members/Directors3

Core Team

SJ
Sumit JasoriaCo-Founder & CEO
HC
Himanshu ChaudharyCo-Founder & CTO
ST
Shivam TripathiCo-Founder
VN
Vinod NaikCo-Founder

Board Members/Directors

SJ
Sumit Jasoria Director
ST
Shivam Tripathi Director
DB
Dipanjan BasuNominee Director
NEWME Documents

AY - 2023-24

Profit and loss statement - NEWME - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of NEWME for FY 2023-24
₹249.00 ₹498.00
Balance sheet - NEWME - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of NEWME for FY 2023-24
₹249.00 ₹498.00

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