Fashion-tech startup Newme plans 15-20 stores in FY25 – ET Retail


Newme, a fashion-tech startup for Gen Z women, is planning to open 15-20 stores across key markets by the end of this fiscal FY25, it said in a media release on Friday.

With Delhi-NCR being one of the important markets—accounting for over 20 per cent of the brand’s online consumers, it has opened its experience store at Vegas Mall, Dwarka in the Delhi-NCR region.

“Delhi is one of the top three markets for Newme and we wanted to enhance our customers’ experience, which is why we introduced 90-minute delivery across Delhi-NCR. Today, this service covers over 10 pincodes and has already reached over 2000 customers since its launch. The overwhelming response has boosted our confidence even further,” said Sumit Jasoria, co-founder and CEO of the company.

He further said, “As we continue to grow, Newme remains focused on understanding the preferences of Gen Z women, leveraging technology and fashion innovation to meet their evolving needs.”

The company now has 9 stores across 7 states and has plans to expand in cities like Bengaluru, Mumbai, Hyderabad, Indore, Dehradun, and Chandigarh.

  • Published On Oct 4, 2024 at 01:30 PM IST

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