Founded in 2023 by Arjun Singh and Animesh Mishra, Gully Labs designs and handcrafts premium sneakers that blend high-quality materials with Indian cultural motifs such as Phulkari embroidery and Onam themes. The company sells primarily through its own website and a network of select retail partners, while also operating physical stores in five Indian cities. Since closing its seed round in early 2025, the startup has reached an annualised revenue run-rate of INR 30 crore. Management plans to scale to INR 100 crore in annualised revenue by fiscal 2026-27. Proceeds from the current raise will expand the product portfolio, deepen offline retail penetration in key Indian markets, and build international brand awareness in the US and UK. The company positions itself against competitors like Neeman's, which recently raised USD 4 million in Series B2 funding. Gully Labs aims to leverage its culturally rooted designs to differentiate within the premium sneaker segment both domestically and abroad.

Total raised

$3M

Funding rounds

1

Latest round

Series A

Latest activity

Jan 2026