eCommerce
NEWME To Raise $12 Mn From Point72 Ventures, Accel
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SUMMARY
Existing investors Accel and Fireside Ventures will double down on their investments, alongside New York-based investment firm Point72 Ventures
While it was last valued at $75 Mn, the new funding is expected to value NEWME at around $100 Mn to $120 Mn
Notably, NEWME also recently raised a debt of INR 7 Cr from Innoven Capital India Fund II and INR 6 Cr from Stride Ventures Debt Fund 3
Women-focussed fast-fashion brand Newme
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