NewMe was founded by Sumit Jasoria in 2022.

Who are NewMe's investors?

NewMe's investors include 2am VC, Accel, Afore Capital, All In Capital, Entrepreneur Ventures, Fireside Ventures Advisory Llp, Accel India, AUM Ventures and 2 more.

How much funding has NewMe raised?

NewMe has disclosed $18M raised across 1 of its 4 known rounds.

NewMe

Founded 2022 · 326 employees on LinkedIn · 11 known investors

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

Consumer Direct to Consumer E-commerce

Founders & leadership

NewMe was founded in 2022 by Sumit Jasoria.

Sumit Jasoria Co-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 · 11

2am VClisted by 2am VCBengaluru

How we know: 2am VC's portfolio page · funding news · economictimes.indiatimes.com · Not right? Tell us

Accellisted by AccelPalo Alto · $1.6M – $70M

How we know: funding news · economictimes.indiatimes.com · Not right? Tell us

Afore Capitallisted by Afore CapitalSan Francisco · $500K – $2M

How we know: Afore Capital's portfolio page · the VCSheet dataset · Not right? Tell us

All In Capitallisted by All In CapitalMumbai · $250K – $600K

How we know: All In Capital's portfolio page · funding news · economictimes.indiatimes.com · Not right? Tell us

Entrepreneur Ventureslisted by Entrepreneur VenturesLos Angeles · $25K – $50Kvia Jonathan Hung · inferred

Fireside Ventures Advisory Llplisted by Fireside Ventures Advisory LlpBangalore · $376K – $25M

How we know: Fireside Ventures Advisory Llp's portfolio page · Not right? Tell us

Accel IndiareportedPalo Alto

How we know: funding news · Not right? Tell us

AUM VenturesreportedIndia · $750K – $2M

How we know: economictimes.indiatimes.com · Not right? Tell us

Banana CapitalreportedSeattle · $25K – $250K

How we know: the VCSheet dataset · Not right? Tell us

Point72 VenturesreportedNew York · $1M – $75M

How we know: funding news · Not right? Tell us

Also in the syndicate · 1

Fireside Ventureslead

Funding

SEC filings, press & company announcements

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

$18MSeries AJul 2024 · 2 sources
Source ↗
Undisclosed amountseed fundingJan 2024
Fireside Ventures (lead), 2am VC, All In Capital, Aum Ventures
Source ↗

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

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 2am VC, Accel, Afore Capital, All In Capital, Entrepreneur Ventures, Fireside Ventures Advisory Llp, Accel India, AUM Ventures and 2 more.
How much funding has NewMe raised?: NewMe has disclosed $18M raised across 1 of its 4 known rounds.