Anny, the fashion tech company for women, has successfully closed its seed funding round, led by Faad Capital with additional backing from prominent high-net-worth individuals and industry leaders.
Founded in 2023, by Japjot Singh (Founder and chief executive officer), Aveen Kaur (Co-founder), and Rahul Tanwar (Co-founder), Anny has experienced nearly 8 times growth in the past six months alone.
The seed funding will accelerate Anny’s expansion, enabling investments in artificial intelligence-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. “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.”
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 said it provides an unparalleled fit and comfort for Indian women, addressing the diversity of body types across the country.
“We are thrilled to lead Anny’s seed funding round,” said Karan Verma, Co-founder, Director, 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.”
