Newme, a Gen Z-focused fashion-tech startup, has expanded its presence in India by opening its largest flagship store to date in Hyderabad, as announced by a company official on social media.
The store, situated on the ground floor of Sarath City Capital Mall in Kondapur, Telangana, occupies an expansive 5,000 square feet of carpet area.
“We’re thrilled to announce our arrival in Hyderabad! Our largest store yet, spanning an impressive 5,000 square feet, is designed to inspire creativity and self-expression through fashion,” said Sumit Jasoria, co-founder of Newme, in a LinkedIn post.
Continue Exploring: GenZ-focused fashion startup Newme raises $5.4 Million in funding round led by Fireside Ventures
“I never envisioned that within a year of opening our first store in Bengaluru, we would expand to five stores across India in such a short time,” Jasoria continued.
Established in 2022 by Jasoria, Shivam Tripathi, Vinod Naik, and Himanshu Chaudhary, Newme aims to cater to over 500 million Gen Z consumers in India and Southeast Asia. The company introduces more than 500 designs weekly and leverages technology to streamline its supply chain.
Nationwide presence of Newme & future plans
The online-first brand currently operates a total of five stores nationwide, situated at Orion Mall in Bengaluru, Forum South in Bengaluru, Infiniti Mall in Mumbai, Elante Mall in Chandigarh, and the latest addition at Sarath City Capital Mall in Kondapur.
Newme is set to unveil its next store in Indore, with plans to expand to over 12-15 stores across India by the end of 2024.
Continue Exploring: Newme maps expansion plan with first brick-and-mortar store launch in Mumbai
