Gully Labs Secures ₹30 Cr Series A Funding Led by Saama Capital for Global Expansion

Business
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CNBC TV18•19-01-2026, 19:05
Gully Labs Secures ₹30 Cr Series A Funding Led by Saama Capital for Global Expansion
- •Homegrown premium sneaker brand Gully Labs raised ₹30 crore in Series A funding, led by Saama Capital.
- •Existing investor Zeropearl VC doubled down with a follow-on investment, reinforcing confidence in the brand.
- •The fresh capital will be used to expand product portfolio, scale offline retail in India, and boost international visibility in the US and UK.
- •Founded in 2023 by Arjun Singh and Animesh Mishra, Gully Labs blends premium footwear with Indian cultural storytelling.
- •The company aims for ₹100 crore in annualised revenue by FY 2026–27, focusing on physical retail and brand-led growth.
Why It Matters: Gully Labs secured ₹30 crore Series A funding to expand its product line, offline presence, and global reach.
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