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Neemans - About the company

Neemans is a series B company based in Hyderabad (India), founded in 2017 by Taranjeet Singh Chhabra. It operates as an Online retailer of shoes for men and women of all types. Neemans has raised $19.4M in funding from investors like Anicut Capital, Sixth Sense Ventures and Gujarat Venture Finance, with a current valuation of $*****. The company has 4 active competitors, including 2 funded and 1 that has exited. Its top competitors are Solethreads, Greensole and Mystery Rhino.

Company Details

Online retailer of shoes for men and women of all types. The company provides sneakers, slip-ons, loafers, and sandals. Also available are oxfords, slides, clogs, flip-flops, and flats. The retailer offers shoes for casual, sports, outdoor, formal, and daily use.
Social
XFacebook
Email ID
*****@neemans.com
Phone Number
+91 **********
Registered Address
H.NO 6-3-885/ 7/B/5, FIRST FLOOR, VV MANSION,SOMAJIGUDA CIRCLE, Hyderabad, HYDERABAD, Telangana, India, 500082
Key Metrics
Founded Year
2017
Location
Hyderabad, India
Stage
Series B
Total Funding
$19.4M in 7 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 29, 2025
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2026
Employee Count
171 as on Jul 31, 2025
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Neemans's funding and investors

Neemans has raised a total funding of $19.4M over 7 rounds. Its first funding round was on Jan 25, 2020. Its latest funding round was a Series B round on Dec 29, 2025 for $*****. 5 investors participated in its latest round. Neemans has 23 institutional investors and 22 angel investors.

Here is the list of recent funding rounds of Neemans:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 29, 2025
2635851
Series B
2050488
3955755
7755922
7841033
Nov 11, 2023
6070106
Series B
7484257
7294289
2184891
May 02, 2022
6419063
Series B
4665385
1376098
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Neemans' founders and board of directors

Founder? Claim Profile
The founders of Neemans is Taranjeet Singh Chhabra. Taranjeet Singh Chhabra is the CEO of Neemans.
Here are the details of Neemans' key team members:

Neemans' Board of Directors

Neemans's board has 4 active members. Nikhil Kishorchandra Vora, Tushar Singh, Taranjeet Singh Chhabra and Singh Amar Preet are part of team.
Here is the list of Neemans' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
8y 5m
Team
-
Current
8y 5m
Investor
-
Current
5y 2m
irjgvnn
Investor
-
Past
5y 3m

Neemans' employee count trend

Neemans has 171 employees as of Jul 25. The total employee count is 29.0% more than what it was in Jul 24. Here is Neemans's employee count trend over the years:
Employee count trend for Neemans
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Neemans's Competitors and alternates

Top competitors of Neemans include Solethreads, Greensole and Mystery Rhino. Here is the list of Top 10 competitors of Neemans, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Neemans
Neemans
2017, Hyderabad (India), Series B
Online retailer of shoes for men and women of all types
$19.4M
68/100
2nd
Logo for Solethreads
Solethreads
2020, Gurugram (India), Acquired
Platform offering curated footwear and accessory collections
$7.66M
47/100
3rd
Logo for Greensole
Greensole
2018, Navi Mumbai (India), Seed
Designer and retailer of sustainable footwear
$18K
33/100
4th
Logo for Mystery Rhino
Mystery Rhino
Jaipur (India), Unfunded
Manufacturer of sustainable footwear utilizing recycled materials and biodegradable components
-
-
16/100
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Financials of NeemansFY 26 Available

NEEMANS PRIVATE LIMITED, the legal entity associated with Neemans, generated between ₹100 Cr and ₹500 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of NEEMANS PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 71% in the last 1 year.

Financial Statement Summary

Metrics
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
Income Statement
Revenue
2217
5060
5366
3321
5803
Total Sales
7197
1792
5050
9097
8362
Total Expenses
6673
9342
5889
4750
5093
Operating Expenses
1977
1846
4753
8310
3782
Employee Expenses
2597
3149
7834
7317
5583
Marketing Expenses
3883
8670
9907
6992
6088
Operating Income (EBIT)
8772
8086
3490
5716
3309
Interest Expenses
2365
6062
7723
6319
3716
Expenses from other activities
1325
2978
2940
3343
5550
Information Technology Expenses
1038
8043
8892
5779
9658
EBITDA
7929
7278
4801
2897
2663
Taxes
1570
3943
9303
6878
2763
Net Profit
4590
9639
4655
5734
9596
Balance Sheet
Assets
4054
4003
9645
5098
8460
Cash Equivalent
2804
9056
8772
2388
3175
Accounts Receivables
7814
1763
9008
2169
7043
Inventory
8012
2766
3292
4917
5031
Liabilities
6423
8048
5350
6786
3907
Total Debt
9225
4298
1186
6122
7863
Accounts Payable
1375
4545
3302
7260
8345
Equities
3442
5163
8215
2611
6159
Cashflow Statement
Cash from Operating activities
9968
6874
7095
7127
2053
Cash from Investing activities
9446
6783
6106
7925
9790
Net cash from Financing activities
7719
8887
9069
7442
2298

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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  • Financial Summary & Charts
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Neemans's Latest cap tables and shareholding

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shareholding pattern of this entity
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Neemans's Investments and acquisitions

Neemans has made no investments or acquisitions yet.

Reports related to Neemans

Here is the latest report on Neemans's sector:

News related to Neemans

lockFilter this list
Media has covered Neemans for a total of 7 events in the last 1 year, 3 of them have been about people movement and 1 about company updates.
•
Neeman’s Appoints Akshit Dhingra as VP of Brand MarketingApparelResources•Jun 12, 2026•Neemans
•
Neeman’s opens footwear store in KochiFashion Network•Dec 06, 2024•Neemans
•
Neeman’s launches exclusive footwear store in KochiApparelResources•Dec 06, 2024•Neemans
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