NEWME - About the company
NEWME is a series B company based in Bengaluru (India), founded in 2022 by Shivam Tripathi, Sumit Jasoria, Himanshu Chaudhary and Vinod Naik. It operates as an Internet First brand of current-trend women's apparel, accessories, and coordinated outfit sets. NEWME has raised $35.6M in funding from investors like Accel, Fireside Ventures and Angel List, with a current valuation of ₹*****. The company has 1803 active competitors, including 57 funded and 30 that have exited. Its top competitors include companies like Bewakoof, FS Life and Theater.
Company Details
Internet First brand of current-trend women's apparel, accessories, and coordinated outfit sets. It offers a variety of clothing such as dresses, tops, denim, bottoms, and T-shirts. The company also provides accessories including necklaces and hair clips. Coordinated sets, sportswear, and loungewear are available for purchase.
- Website
- newme.asia
- Social
- Email ID
- *****@newme.asia
- Registered Address
- 293/154/172, Outer Ring Road, Kadubeesanahalli, Marathalli, Bangalore, Bangalore, Karnataka, India, 560103
Key Metrics
Founded Year
2022
Location
Bengaluru, India
Stage
Series B
Total Funding
$35.6M in 5 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Apr 10, 2026
Ranked
2nd among 1803 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
280 as on Aug 31, 2025
Legal entities associated with NEWME
NEWME is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
FRAICHEUR RETAIL PRIVATE LIMITED CIN: U47190KA2023PTC174214 , India, Active | May 29, 2023 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 370 (As on May 01, 2026) | |
FASHVISTA RETAIL PRIVATE LIMITED CIN: U52609KA2022PTC161531 , India, Active | May 23, 2022 | 0 - ₹10 Cr (As on Mar 31, 2025) | 58 (As on Aug 01, 2023) |
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NEWME's funding and investors
NEWME has raised a total funding of $35.6M over 5 rounds. Its first funding round was on Oct 07, 2023. Its latest funding round was a Series B round on Nov 29, 2025 for $*****. 5 investors participated in its latest round. NEWME has 17 institutional investors and 8 angel investors.
Here is the list of recent funding rounds of NEWME:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 29, 2025 | 7085287 | Series B | 6526881 | 8849525 | 5934317 | 1358402 |
Sep 26, 2025 | 5685380 | Series A | 8490660 | 3130471 | 4585367 | 6616609 |
Jun 28, 2024 | 2344399 | Series A | 1563250 | 1333597 |
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NEWME's founders and board of directors
Founder? Claim ProfileThe founders of NEWME are Shivam Tripathi, Sumit Jasoria, Himanshu Chaudhary and Vinod Naik. Sumit Jasoria is the CEO of NEWME.
Here are the details of NEWME's key team members:
- Shivam Tripathi: Co-Founder of NEWME. They serve on the board of 1 company.Contact Info: 2 phone numbers
- Sumit Jasoria: Co-Founder & CEO of NEWME. They serve on the board of 1 company.Contact Info: 2 phone numbers
- Himanshu Chaudhary: Co-Founder & CTO of NEWME. Contact Info: 1 email address
- Vinod Naik: Co-Founder of NEWME. Contact Info: 1 email address and 1 phone number
NEWME's Board of Directors
NEWME's board has 2 active members. Shivam Tripathi and Sumit Jasoria are part of team.Here is the list of NEWME's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 4y 4m | |
Team | - | Current | 4y 4m |
View details of NEWME's Founder profiles and Board Members
NEWME's employee count trend
NEWME has 280 employees as of Aug 25. The total employee count is 59.0% more than what it was in Aug 24. Here is NEWME's employee count trend over the years:
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NEWME's Competitors and alternates
Top competitors of NEWME include Bewakoof, FS Life and Theater. Here is the list of Top 10 competitors of NEWME, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online retailer of fashion apparel and accessories for men and women | $39.5M | 79/100 | ||
2nd | Internet First brand of current-trend women's apparel, accessories, and coordinated outfit sets | $35.6M | 72/100 | ||
3rd | Retailer of western and modern Indian wear | $12.6M | 70/100 | ||
4th | Retailer of high fashion footwear, bags, and hosiery | $10.7M | 69/100 | ||
5th | Retailer of fashion apparel and athleisure clothing for men and women | $300K | - | 64/100 | |
6th | Internet first brand of multi category casual wear for women | $27.9M | 63/100 | ||
7th | Online retailer of sustainable clothing, plus-size dresses, and luxury perfumes | $37.8M | 63/100 | ||
8th | Online retailer of women’s dresses, tops, skirts, and accessories | $970K | 60/100 | ||
9th | Internet-first brand offering multi-category fashion products for men and women | $925K | 58/100 | ||
10th | French Connection 1972, London (United Kingdom), Acquired | Internet first brand offering apparel wear for women and men | - | 58/100 |
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NEWME's Investments and acquisitions
NEWME has made no investments or acquisitions yet.
Reports related to NEWME
Here is the latest report on NEWME's sector:
News related to NEWME
Filter this listMedia has covered NEWME for a total of 4 events in the last 1 year, 2 of them have been about company updates.
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NEWME Introduces 24x7 Quick-Fashion Delivery in Bengaluru With ZIP Exclusive DropIndian Retailer•Sep 22, 2026•NEWME
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Women-Centric Fashion Brand Newme Raises Rs 108.66 Cr to Accelerate GrowthIndian Retailer•Nov 28, 2025•NEWME, Fireside Ventures, Point72 Ventures, Accel and 2 others
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NEWME To Raise $12 Mn From Point72 Ventures, AccelInc42•Nov 27, 2025•NEWME, Point72 Ventures, Accel, Fireside Ventures
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NEWME uses tech to design Gen Z styles, aims to be India's answer to SheinYourStory•Oct 16, 2025•NEWME
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Can fashion startups survive the quick commerce gambleMint•May 08, 2025•Slikk, NEWME, Lightspeed Venture Partners
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