Gully Labs raises Rs 30 crore Series A to expand sneakers and stores abroad

Published on 24 April 2026

The startup targets Rs 100 crore by FY 2026-27

Sneaker brand Gully Labs has raised Rs 30 crore in Series A funding led by Saama Capital, with Zeropearl VC also participating. The money will go toward new product lines, stronger offline retail in India, and accelerated brand awareness in the US and UK. The company is aiming for Rs 100 crore in annualised revenue by FY 2026-27.

Gully Labs secured Rs 30 crore Series A led by Saama Capital
Funds will support product expansion and more offline retail in India
The brand plans to push awareness in the US and UK
It targets Rs 100 crore annualised revenue by FY 2026-27

#startup funding #sneakers #retail expansion #india #series a

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Gully Labs raises Rs 30 crore Series A to expand sneakers and stores abroad

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