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Indian sustainable footwear brand Neeman’s has successfully raised USD 4 million (approximately ₹35.5 crore) in a Series B2 funding round, led by SNAM Solutions, the investment arm of the SNAM Group of Companies.
The round also saw continued participation from key existing investors including Anicut Capital, Enam Investments, and Harsh Mariwala‑backed Sharrp Ventures.
Funding to Drive Retail and Omni‑Channel Expansion
Neeman’s plans to deploy the fresh capital to expand its offline retail footprint by opening new stores and strengthen its online presence through enhanced e‑commerce operations. The brand will also invest in improving supply chain capabilities and accelerating product development to support long‑term growth.
Founded in 2017 by Taranjeet Singh Chhabra and Amar Preet Singh, the company is known for its sustainable and comfort‑focused footwear, designed for everyday wear using eco‑friendly materials such as merino wool and recycled fabrics.
Growth Ambitions and Market Outlook
Neeman’s is projecting revenues of around ₹180 crore for the 2025‑26 financial year and targets a top line of ₹500 crore over the next two years, driven by expanded physical retail presence, omni‑channel traction, and rising demand for sustainable footwear in India.
Industry analysts note that the Indian footwear market is experiencing strong growth, particularly in the D2C and premium segments, providing a favourable backdrop for Neeman’s expansion strategy.
Investor Confidence and Strategic Support
Speaking on the investment, Adhvith Dhuddu, Managing Partner at SNAM Solutions, highlighted that Neeman’s is at a pivotal growth phase and that the company’s values and consumer relevance made it an attractive investment opportunity.
The latest funding endorsement underscores investor confidence in India’s homegrown lifestyle and fashion brands, particularly those combining sustainability with scalable business models.
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