– In the past 15 months, ANNY has experienced exceptional growth, expanding nearly 8x over the last 6 months
New Delhi, October 18, 2024 – ANNY, the fashion tech company revolutionizing affordable, high-quality fashion for women, has successfully closed its seed funding round, led by FAAD Capital with additional backing from prominent HNIs and industry leaders. This capital infusion marks a pivotal step in ANNY’s mission to bring globally trending, high-quality fashion within reach for every woman, every occasion.
Founded in 2023, by Japjot Singh (Founder and CEO), Aveen Kaur (Co-Founder and COO), and Rahul Tanwar (Co-Founder and CTO), ANNY has already established itself as a frontrunner in fashion tech, experiencing nearly 8x growth in the past six months alone. By overseeing every stage of its supply chain, from design to distribution, ANNY ensures high standards of quality, efficiency, and affordability. The seed funding will accelerate ANNY’s expansion, enabling investments in AI-driven technology for real-time trend adaptation, supply chain advancements, and top-tier talent acquisition.
“With FAAD’s support, ANNY is poised to become the go-to fashion brand for women, offering stylish, accessible options for every occasion,” said Japjot Singh, Founder and CEO of ANNY. “We’re excited to soon launch our mobile app and open our first physical store in early 2025, enhancing accessibility and convenience for our customers.”
FAAD Capital, a champion of high-potential startups, is eager to support ANNY’s growth journey. “We’re thrilled to lead ANNY’s seed funding round,” said Karan Verma, Co-Founder and Director of FAAD Capital. “ANNY’s innovative use of AI and consumer-first approach sets it apart in fashion tech, and we believe in the founders’ vision of making high-quality, affordable fashion accessible to all women.”
Building on its current momentum, ANNY plans to introduce over 500 new products each month, ensuring its collections remain fresh, exciting, and on-trend. With a proprietary Indian-specific size chart, ANNY provides an unparalleled fit and comfort for Indian women, addressing the diversity of body types across the country.
About ANNY
Founded in 2023, ANNY is a cutting-edge real-time fashion tech company committed to making globally trending fashion accessible for everyone. Driven by the sentiment, “I don’t have anything to wear,” ANNY delivers a seamless shopping experience with high-quality, on-trend fashion that resonates with the modern woman. Learn more at www.styleanny.in
