Gully Labs Raises ₹8.7 Crore in Seed Funding for Sneaker Expansion

Gully Labs, an Indian company that makes cool sneakers, just got a big check for ₹8.7 crore.

This money comes from investors who want to help the company grow.

Gully Labs will use the money to make more types of shoes, sell them in more places (online and in stores), and even open their own shops.

They're also planning to sell their sneakers outside of India.

Their shoes are inspired by Indian culture.

The Indian sneaker market is growing, so this is a good time for Gully Labs to expand.