 "Sumit Jasoria, co-founder and chief executive officer (CEO), NewMe")
Bengaluru-headquartered fashion-tech NewMe plans to launch about 20 new stores across India by the end of 2025 and is expected to go public in the next three to five years.
“We are looking to open about 20 stores nationwide and pushing hard for Kolkata, Shillong, Guwahati, Indore, Jaipur, and others. We aspire to file for an initial public offering (IPO) in the next three to five years,” Sumit Jasoria, co-founder & CEO, NewMe told Business Standard.
Jasoria highlighted that the brand aims to bridge the gap between pricing and aesthetics, focusing mainly on Gen Z.
“Our pricing sits between Zudio,
