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Neeman

Footwear startup Neeman bags $1 Mn in a pre-Series A round

Neeman

Hyderabad-based footwear startup Neeman has secured $1 million in a pre-Series A funding round led by Anicut Angel Fund. AngelList and a clutch of serial entrepreneurs also participated. Following the transaction, Tushar Singh who led the round on behalf of Anicut, has joined the company’s board.

Launched in 2017, Neeman is known to offer shoes made up of natural fibre called merino wool. The company is planning to deploy the new capital to expand business operations and product development. (Source)

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