The Week that Was: Indian Startup News Overview (21st July - 27th July)
Funding News: ANNY Secures Rs 10 Crore in Pre-Series A Funding to Accelerate Nationwide Growth
Startup: ANNY
Founder: Japjot Singh, Aveen Kaur, Rahul Tanwar
About us: ANNY is a fashion-tech startup redefining fast fashion in India with its real-time, inventory-light model. Positioned as an ‘accessible luxury’ brand, ANNY delivers affordable, trend-based fashion designed for the modern Indian woman. The brand emphasizes sustainability and agility by using technology to manufacture based on demand, reducing overproduction and waste.
Founded Year: 2023
Office: India
Sector: Retail Apparel and Fashion
Funding Round: Pre-Series A
Investors: Atomic Capital
Fashion-tech brand ANNY has announced the successful raise of Rs 10 crore in pre-Series A funding, led by Atomic Capital. The company plans to use this investment to expand its product categories, strengthen technology, enhance its leadership team, and grow its distribution network across India.
“This funding will help us introduce new product lines, reach a wider audience, and onboard seasoned executives to steer the next phase of our journey”, said Japjot Singh, Co-founder and CEO. “Our real-time responsiveness and minimal inventory model maximize consumer delight. With Atomic Capital’s support, we are scaling smarter and aim to become a Rs 100 crore ARR brand by next year”.
Website: https://www.styleanny.in/

