What is Solethreads?
Established in 2019 and headquartered in New Delhi, India, Solethreads is positioned to disrupt the open footwear category with its youth-centric D2C approach. The brand focuses on creating footwear that resonates with a younger demographic, aiming to capture a significant share of the market through direct-to-consumer engagement.
How much funding has Solethreads raised?
Solethreads has raised a total of $7M across 1 funding round:
Series A
$7M
Series A (2023): $7M with participation from Saama Capital, Fireside Ventures, and DSG Consumer Partners
Key Investors in Solethreads
Saama Capital
Saama Capital is a venture capital firm focused on empowering entrepreneurs across diverse sectors, investing in companies with ambitious goals and strong leadership.
Fireside Ventures
Fireside Ventures is a prominent Indian VC firm specializing in health and consumer startups, dedicated to building iconic brands through collaborative investment.
DSG Consumer Partners
DSG Consumer Partners backs insurgent consumer brands in India and Southeast Asia, emphasizing a 'brick by brick' philosophy to create consumer-loved products.
What's next for Solethreads?
The recent major strategic investment signifies a pivotal moment for Solethreads, likely enabling the company to scale its operations, expand its product offerings, and enhance its market reach. This capital infusion is expected to fuel further innovation and solidify its position as a key player in the D2C footwear sector, potentially leading to broader market penetration and brand development.
See full Solethreads company page
