Total amount raised
$13.7 Million
Latest funding date
2025-12-29
Location
Neemans has made significant strides in the footwear industry, focusing on sustainability and innovative design. The brand's commitment to recycling and environmental impact sets it apart in a competitive market.
Keep reading to explore the intricacies of Neemans' fundraising journey and the investors backing this innovative platform.
What Is Neemans?
Neemans, founded in 2017, is a footwear brand that emphasizes comfort, sustainability, and versatility. The company operates in the footwear industry and is based in India.
Neemans has recycled over 3.2 million plastic bottles, showcasing its commitment to environmental responsibility. The brand offers a wide range of footwear for men and women, including sneakers, slip-ons, loafers, oxfords, sandals, slides, clogs, and flip-flops.
With a focus on creating versatile, minimalistic shoe designs, Neemans aims to deliver fashion that is both comfortable and eco-friendly, fitting effortlessly into everyday lives.
How Much Funding Has Neemans Raised?
- Seed Round
- Amount Raised: USD 1,000,000
- Date: March 2020
- Lead Investors: Anicut Capital
- Series A
- Amount Raised: INR 200,000,000
- Date: August 2021
- Lead Investors: Sixth Sense Ventures
- Debt Financing
- Amount Raised: INR 70,000,000
- Date: December 2021
- Lead Investors: Stride Ventures
- Series B
- Amount Raised: INR 400,000,000
- Date: June 2022
- Lead Investors: Sixth Sense Ventures
- Series B
- Amount Raised: INR 355,000,000
- Date: December 2025
- Lead Investors: SNAM Group of Companies
Neemans has raised a total of USD 1,000,000 and INR 1,025,000,000 across all funding rounds.
Key Investors
- SNAM Group of Companies
- Details: SNAM Group of Companies is a diversified conglomerate with interests in various sectors. They are known for their strategic investments in emerging markets.
- Investment Focus Areas: Real estate, infrastructure, technology, healthcare
- Notable Investments: Not publicly disclosed
- Sixth Sense Ventures
- Details: Sixth Sense Ventures is a consumer-centric venture capital firm based in India. They focus on investing in innovative and high-growth potential companies.
- Investment Focus Areas: Consumer goods, technology, healthcare, retail
- Notable Investments: Soothe Healthcare, LEAP India, Fullife Healthcare
- Stride Ventures
- Details: Stride Ventures is a venture debt firm that provides flexible financing solutions to startups. They aim to support high-growth companies with strategic capital.
- Investment Focus Areas: Technology, consumer goods, healthcare, financial services
- Notable Investments: Sugar Cosmetics, Miko, BluSmart
- Anicut Capital
- Details: Anicut Capital is an alternative asset management firm that focuses on providing debt and equity solutions to Indian SMEs. They are known for their hands-on approach to investing.
- Investment Focus Areas: Consumer goods, technology, manufacturing, healthcare
- Notable Investments: Wow! Momo, Bira 91, Lendingkart
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