INDIA'S
FASTEST-GROWING
D2C
BRANDS
VIEW Categories & selection Criteria
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01
Sanfe
02
Neeman’s
03
Flo Mattress
04
Super Bottoms
05
Loom Solar
06
Prolixr
07
Sleepy Head
08
Arata
09
The Indus Valley
10
Pee Safe
11
Power Gummies
12
Ugaoo
13
The Beauty Co.
14
Go Desi
15
Wellversed
16
Doozy Happy Nature
17
Melorra
18
Himalayan Organics
19
Boldfit
20
Zunpulse
21
Eyewearlabs
22
Farmers Fresh Zone
23
Clensta
24
Country Bean
25
Juicy Chemistry
26
Upakarma Ayurveda
27
Fast&Up
28
Kapiva
29
The Sleep Company
30
Vilvah Store
31
The Pant Project
32
Boldcare
33
Earth Rhythm
34
Pilgrim
35
Barf India
36
Solara
37
Tagz Foods
38
Boingg
39
Bili Hu
40
Habbit Health
41
Argatin
42
Bebe Burpp
02
Neeman’s
Growth Category
Fact sheet
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FOUNDER(S)
Taran Chhabra, Amar Preet Singh
KEY INVESTORS
Anicut Capital, Sixth Sense Ventures
FOUNDED IN
October 2018
SUB-SECTOR
Footwear
HEADQUARTERS
Hyderabad
TOTAL FUNDING
$3.7 Mn+
KEY COMPETITORS
Skechers, Nike, Adidas, Reebok, Puma, Ajio, Morrow, Red Tape, Fila, New Balance
Neeman's Shoes Is Banking On Sustainability To Break Through Against Giants
The startup was born out of founder Taran Chhabra’s fascination with shoe trends and designs around the world.
661.42%
GROWTH RATE
INR 45 Cr
FY21 REVENUE
275K
Users Served (New)
-
NUMBER OF SKU’S
The ORIGIN STORY
While working in the US in 2018, Chhabra realised that the shoe market in India had room for a player that focussed on sustainability and social values. Through their research, the duo (Taran and Amar) saw that India’s shoe industry is dominated by synthetic fibres and materials that are cheaper and easy to source, but which have a lot of impact on the environment. So the startup set off on the path to reduce carbon footprints in the footwear industry and work more closely with suppliers to source raw materials sustainably.
The GROWTH
Neeman’s claims to have grown 15X in 2021 in terms of revenue and customer base. It raised $2.7 Mn (INR 20 Cr) in a Series A funding round to expand its product lineup and enhance sales. It also took its first step towards retail selling with a store in Hyderabad. The company’s products range from INR 2,999 to INR 6,999 in pricing and are on par with various other international brands.
The DIFFERENTIATOR
The founders claim that the biggest USP for Neeman’s is that it uses natural, renewable, recycled and biodegradable fibres in its shoes, which have a considerably lower impact on the water table and ecology. The wool used in its shoes is non-mulesed and no sheep are harmed in making of the footwear. The wool is procured from Australia from familyowned farms and it has a quality number associated with it to track the origin. The merino wool can be used in all-weather products. In India, the fleece of native sheep is a lot thicker so this material can only be used for winter footwear, unlike Merino wool.
The JOURNEY
Though not 100% carbon neutral, the startup believes that sustainable sourcing will prove to be a lesson for the industry at large. The company has introduced unexplored yarns and materials to the footwear market in India - including Merino wool, recycled PET bottles, recycled tyres and recycled cotton and more. Its flagship products are ReLive Knits, which are made with 100% recycled plastic as well as the wool joggers and eco flip-flops made from recycled tyres.
What’s NEXT
The short term plans for this footwear brand are geared towards launching new products and increasing its market share. It is also looking to bolster its offline presence, while focussing on product development and exploring newer natural and sustainable materials. Plus with the funds raised, Neeman’s is looking to cover key markets outside India too.
42 of india's fastest growing d2c brans of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brans of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brans of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
The
SELECTION
PROCESS
1000+
APPLICATION
APPLICATION
500+
Verification Calls
Verification Calls
140+
INTERVIEWS & PITCHES
INTERVIEWS & PITCHES
42
Brands Shortlisted
Brands Shortlisted
Inc42 conducted a 3 month application cycle and received over 1,000 nominations from India’s D2C brands. The D2C brands who submitted the complete application and who data we could independently verify were considered in this ranking.
The list comprises two categories – Growth and Emerging.
The list comprises two categories – Growth and Emerging.
01
02
GROWTH
CATEGORY
Read more
Read LESS
For India’s fastest growing D2C brands who have successfully demonstrated significant traction and growth, ranked on the basis of the highest revenue growth rates between 2020 & 2022.
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Generated at least INR 1 Cr revenue in FY 2020
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Generated at least INR 7 Cr revenue in FY 2022
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Generated at most INR 100 Cr revenue in any financial year
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Be privately held, for profit; based in India, and independent entity (not a subsidiary or division of another company)
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Should sell its own products via its own website as a key sales channel
EMERGING
CATEGORY
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Read LESS
For India’s emerging D2C brands who have successfully demonstrated innovation or has the potential to disrupt a category, selected & ranked by an esteemed panel of industry leaders & Inc42’s editorial team.
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Founded on or after Apr 1st, 2020
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Generated at least INR 50 L revenue in any financial year
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Generated at most INR 7.5 Cr revenue in any financial year
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Be privately held, for profit; based in India, and independent entity (not a subsidiary or division of another company)
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Should sell its own products via its own website as a key sales channel
EMERGING CATEGORY JURY
Growth category
For India’s emerging D2C brands who have successfully demonstrated innovation or has the potential to disrupt a category, selected & ranked by an esteemed panel of industry leaders & Inc42’s editorial team.
-
Founded on or after Apr 1st, 2020
-
Have generated minimum revenue of INR 50 L in any financial year/since incorporation
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Should not have revenue exceeding INR 7.5 Cr in any financial year
-
Be privately held, for profit; based in India, and independent entity (not a subsidiary or division of another company)
-
Should sell its own products via its own website as a key sales channel