Fundraising Fox

Newme

Founded 2022 · 326 employees on LinkedIn · 10 known investors

Find your way into Newme

202 people in our graph share verified history with the Newme team — schools, employers, funds. One of them is your warm intro.

Guy Ward Thomasunlockedknows Sumit Jasoria · together at Rocket Internet SE (overlapped)
×2knows the team · via Meero
×2knows the team · via Infosys Technologies Ltd
knows the team · via Newme
knows the team · via Faculty of Management Studies, Delhi
×2knows the team · via Rocket Internet SE

NEWME is a fashion retailer offering women's apparel including denim, tops, dresses, co-ords, jumpsuits, and winterwear through its app and online store.

ConsumerDirect to ConsumerE-commerce

Founders & leadership

Newme was founded in 2022 by Sumit Jasoria.

SJ
Sumit JasoriainCo-FounderFounder of NEWME, a fashion retailer offering women's apparel through its app and online store. He previously led Meero in India and South Asia, served as Regional Managing Director of Rocket Internet's Daraz e-commerce venture and Managing Director of Shop.com.mm and Kaymu.com.mm in Myanmar, and held marketing roles at Daraz.com and Bharti Airtel; earlier he worked in business development at Godrej Properties and as a software engineer at Infosys, and holds an MBA in marketing from FMS Delhi.

Investors · 10

AccelPalo Alto · $1.6M – $70M
Afore CapitalSan Francisco · $500K – $2M
Entrepreneur VenturesLos Angeles · $25K – $50Kvia Jonathan Hung · inferred
2am VCreported · 2 sourcesBengaluru
Accel IndiareportedPalo Alto
All In Capitalreported · 2 sourcesBowmanville · $250K – $600K
Banana CapitalreportedSeattle · $1 – $250K
Point72 VenturesreportedNew York · $1M – $75M

Also in the syndicate · 2

Aum VenturesFireside Ventureslead

Funding

SEC filings, press & company announcements

$18M disclosed across 1 of 4 rounds · 2024–2025

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Newme Secures $12 Million Funding as Valuation Climbs to $112 Millionbharatfast.com · Nov 2025Women-focussed fast fashion brand Newme raises Rs 109 crore from existing investorsindianstartupnews.com · Nov 2025Newme Raises $18 Million in Series A Funding to Expand Omnichannel Presencethesiliconreview.com · Jul 2024Fast fashion brand Newme raises $18 Mn in Series Aentrackr.com · Jul 2024Newme: Accel leads $18 million funding in omnichannel fashion brand Newme - The Economic Timeseconomictimes.indiatimes.com · Jul 2024Newme: Fast fashion brand Newme raises $5 million in funding round led by Fireside - The Economic Timeseconomictimes.indiatimes.com · Jan 2024

Frequently asked questions

What does Newme do?
NEWME is a fashion retailer offering women's apparel including denim, tops, dresses, co-ords, jumpsuits, and winterwear through its app and online store.
Who founded Newme?
Newme was founded by Sumit Jasoria in 2022.
Who are Newme's investors?
Newme's investors include Accel, Afore Capital, Entrepreneur Ventures, 2am VC, Accel India, All In Capital, Banana Capital, Point72 Ventures.
How much funding has Newme raised?
Newme has disclosed $18M raised across 1 of its 4 known rounds.