Neeman’s, the Hyderabad-based sustainable footwear brand founded in 2017, gets US $ 1 million (Rs. 7.28 crore) funding from its angel investors that include Anicut Angel Fund, Angelist and many more.
Founded by Taran Chhabra and Amar Preet Singh, the brand uses natural, renewable, recyclable and chemical-free materials in an effort to reduce the carbon footprint.
With an aim to ‘redefine the shoe industry,’ Taran Chhabra, CEO mentions “With the influx of seasoned investors and entrepreneurs, we have the right base to grow from the exceptional first year we have had.”
The brand said that its footwear market is in all probability going to touch US $ 25 billion by 2022, and what’s notable is that it will be led by the lifestyle products.
Neeman’s is globally renowned for their antibacterial and antimicrobial shoes owing majorly to sheep-produced waxes.
