Archive · 19 Jan 2026
Gully Labs Raises ₹30 Crore in Series A
Gully Labs is a company that makes fancy sneakers inspired by Indian art and culture.
They just got ₹30 crore from investors like Saama Capital and Zeropearl VC.
This money will help them make more sneakers, open more stores in India, and sell more sneakers in other countries like the US and UK.
The company was started by Arjun Singh and Animesh Mishra in 2023.
They want to make ₹100 crore in sales by 2027.
Right now, they make ₹30 crore a year and have stores in five Indian cities.
Gully Labs raised ₹30 crore in Series A funding led by Saama Capital.
Existing investor Zeropearl VC also participated in the funding round.
The funds will be used to expand the product portfolio and scale offline retail presence in India.
Gully Labs plans to enhance its international market presence in the US and UK.
The company aims to achieve ₹100 crore in annualised revenue by FY27.
- Who
- Gully Labs, a premium sneaker brand
- What
- Raised ₹30 crore in Series A funding
- When
- January 2026
- Where
- India, with plans to expand in the US and UK
- Why
- To expand product portfolio, scale offline retail presence, and enhance international market presence
- Funding Amount
- ₹30 crore
- Lead Investor
- Saama Capital
- Existing Investor
- Zeropearl VC
- Founders
- Arjun Singh and Animesh Mishra
- Year Founded
- 2023
- Annualised Revenue
- ₹30 crore (as of January 2026)
- Target Revenue
- ₹100 crore by FY27
- Offline Presence
- Five Indian cities
