Neeman’s announces ₹35.5 crore Series B2 tranche led by SNAM Solutions
The footwear company plans to strengthen working capital and support its operations.
Neeman’s has announced a roughly ₹35.5 crore Series B2 financing led by SNAM Solutions. A December 29, 2025 report citing regulatory filings said its board approved 54,915 preference shares at ₹6,465 each.
SNAM Solutions committed ₹16 crore, Grand Anicut ₹7 crore and Sharrp Ventures ₹5 crore, with other institutional and individual investors supplying the balance. The tranche extends the company’s Series B financing.
The Hyderabad footwear brand sells through its online store and an expanding retail network. It plans to use the proceeds for working capital and operating requirements.
Use of funds
Working capital
Support footwear operations and expansion