<ul><li>India’s sneaker brand Gully Labs raises ₹8.7 crore in seed funding round to expand its footprint and celebrate Indian culture through design.</li><li>The seed funding includes ₹7.6 crore in equity and ₹1.1 crore in venture debt, with plans to diversify product mix, expand sales channels, and open physical retail outlets in India.</li><li>The round was led by Zeropearl VC, with participation from notable founders and angel investors, aiming to support Gully Labs' cultural vision and business potential.</li><li>Founded in 2023, Gully Labs by Arjun Singh and Animesh Mishra integrates Indian heritage into handcrafted sneakers, aiming to redefine contemporary Indian fashion with culturally inspired designs.</li></ul>

Homegrown Sneaker Brand Gully Labs Raises ₹8.7 Crore in Seed Round to Expand Footprint and Celebrate Indian Culture Through Design

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