About NEWME
NEWME is a company based in Bengaluru (India) founded in 2022 by Himanshu Chaudhary, Shivam Tripathi, Sumit Jasoria, and Vinod Naik. It operates as a Direct-to-Consumer (D2C). NEWME has raised $37.37 million across 5 funding rounds from investors including Angel List, Accel and All In Capital. The company has 225 employees as of June 30, 2025. NEWME offers products and services including Fashion Apparel and Accessories. NEWME operates in a competitive market with competitors including Hopscotch, Bewakoof, Urbanic, Styched and Virgio, among others.
- Headquarter Bengaluru, India
- Employees 225 as on 30 Jun, 2025
- Founders Himanshu Chaudhary, Shivam Tripathi, Sumit Jasoria, Vinod Naik
- Stage Minicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
$298.1 K (USD)0as on Mar 31, 2023
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Net Profit
$-997.67 K (USD)0as on Mar 31, 2023
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EBITDA
$-997.67 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$37.37 M (USD)
in 5 rounds
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Latest Funding Round
$12 M (USD), Series B
Nov 29, 2025
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Investors
Angel List
& 16 more
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Employee Count
225
as on Jun 30, 2025
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Products & Services of NEWME
NEWME offers a comprehensive portfolio of products and services, including Fashion Apparel and Accessories. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Variety of trendy clothing items are offered here.
Imitation jewelry pieces are provided for styling purposes.
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Funding Insights of NEWME
NEWME has successfully raised a total of $37.37M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $12 million completed in November 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $12.0M
- First Round First Round
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2025 | Amount | Series B - NEWME | Valuation | Accel , Fireside Ventures | |
| Jun, 2024 | Amount | Series A - NEWME | Valuation | Accel | |
| Nov, 2023 | Amount | Seed - NEWME | Valuation | Fireside Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in NEWME
NEWME has secured backing from 17 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Accel and All In Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage consumer brand companies are invested in by Fireside Ventures.
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Founded Year | Domain | Location | |
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Investments are made in early-stage technology and consumer-led companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by NEWME
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - NEWME
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Newme Comparisons
Competitors of NEWME
NEWME operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hopscotch, Bewakoof, Urbanic, Styched and Virgio, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Apparel and accessories for children are provided online.
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| domain | founded_year | HQ Location |
Multi-category fashion products are sold by an internet-first brand.
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| domain | founded_year | HQ Location |
Multi-category women's fashion apparel is offered online by Urbanic.
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| domain | founded_year | HQ Location |
Multi-category fashion for men and women is offered online.
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| domain | founded_year | HQ Location |
Internet first brand offering apparel for men and women
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| domain | founded_year | HQ Location |
Online platform offering trendy and bold denim apparel
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Newme
Frequently Asked Questions about NEWME
When was NEWME founded?
NEWME was founded in 2022.
Where is NEWME located?
NEWME is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is NEWME a funded company?
NEWME is a funded company, having raised a total of $37.37M across 5 funding rounds to date. The company's 1st funding round was a Seed of $5.4M, raised on Nov 22, 2022.
How many employees does NEWME have?
As of Jun 30, 2025, the latest employee count at NEWME is 225.
What is the annual revenue of NEWME?
Annual revenue of NEWME is $298.1K as on Mar 31, 2023.
What does NEWME do?
A wide range of trendy fashion apparel and accessories are offered by NEWME through an online platform. Clothing items such as dresses, tops, jeans, skirts, and co-ord sets are provided alongside imitation jewelry like necklaces and earrings. The focus is placed on delivering fast and fresh fashion to customers. Various categories including winterwear, bodysuits, and sportswear are covered to cater to diverse style preferences. Discounts and promotions are frequently applied to attract a broad customer base in the retail sector.
Who are the top competitors of NEWME?
What products or services does NEWME offer?
NEWME offers Fashion Apparel and Accessories.
Who are NEWME's investors?
NEWME has 17 investors. Key investors include Angel List, Accel, All In Capital, 2am VC, and InnoVen Capital.
What is NEWME's valuation?
The valuation of NEWME is $84.68M as of Jun 2024.