Seed equity and venture debt · Consumer
Gully Labs raises Rs 8.7 crore in seed equity and venture debt
Zeropearl VC leads the equity financing, with venture debt from Stride Ventures.
Gully Labs announced Rs 8.7 crore in financing on June 3, 2025, comprising Rs 7.6 crore in equity and Rs 1.1 crore in venture debt. Zeropearl VC led the equity round, while Stride Ventures led the debt component.
The sneaker brand planned to use the capital to develop products, expand distribution and build its offline retail presence. Founded by Arjun Singh and Animesh Mishra, Gully Labs draws on Indian art and culture for its footwear designs.
Use of funds
Expand product range and physical retail
Strengthen distribution and brand presence
Funding history
Seed equity and venture debt · This round₹87M