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.
Top Competitors
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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
Funding History
Funding Per Year
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
Financial Comparison
Revenue Breakdown
Expense Breakdown
Shareholding Structure
Financial Ratio
NEWME Key People
People Metrics
Current Core Team4
Board Members/Directors3
NEWME Documents



