Eco-Friendly Shoe Brand Neeman’s Raises Funding For Expansion And R&D

D2C eco-friendly shoe brand Neeman’s has raised INR 20 Cr (approximately $2.7 Mn) in a Series A funding round from Sixth Sense Ventures. This funding comes after the startup raised $1 Mn in a seed funding round led by Anicut Investors in March 2020. 

Founded in 2018 by Taran Chhabra and Amar Preet, Neeman’s is an online D2C brand that offers eco-friendly footwear. It manufactures a line of shoes — sneakers, loafers, and joggers — made from Merino Wool fibre. According to the website, the price range of its products varies from INR 2,999 to INR 6,999.