Gully Labs, a homegrown premium sneaker brand blending Indian cultural storytelling with contemporary design and craftsmanship, has raised INR 30 crore in a Series A funding round led by Saama Capital, with participation from existing investor Zeropearl VC, which is doubling down with a follow-on investment beyond its pro-rata allocation after leading the company’s seed round in early 2025.The fresh capital will be deployed towards expanding Gully Labs’ product portfolio, scaling its offline retail presence across key Indian markets, and strengthening brand visibility in international markets, including the US and the UK.The round also saw participation from a group of prominent founders and angel investors across consumer, food, and education technology sectors, including Sangeet Agrawal (Founder of Mokobara), Viraj Bahl (Founder of Veeba), Roman Saini and Gaurav Munjal (Co-founders of Unacademy), Sanjay Kapoor (Founder, Genesis Luxury) and Radhika Gupta (MD and CEO of Edelweiss Mutual Fund).Founded in 2023 by engineers-turned-entrepreneurs Arjun Singh and Animesh Mishra, Gully Labs was built on the belief that Indian culture deserves representation in globally competitive consumer products. The brand designs premium sneakers inspired by regional art forms, traditional crafts, and contemporary Indian identity, combining cultural relevance with quality benchmarks expected of international footwear brands.Commenting on… Read MoreStartupTalky- Business News, Insights and Stories
