Anny secures seed funding from Faad Capital, others

Anny, a women’s fashion brand has raised an undisclosed amount in its seed funding round led by Faad Capital with additional backing from angel investors.

The company will utilise the funds to fuel its expansion, technology development, supply chain advancements, and top-tier talent acquisition.

Additionally, Anny will use funds to diversify its offerings by introducing over 500 new products each month.

Commenting on the funding, Japjot Singh, founder CEO of Anny in a statement said, “With Faad’s support, Anny is poised to become the go-to fashion brand for women, offering stylish, accessible options for every occasion. 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.”

Karan Verma, co-founder director of Faad Capital added, “We’re thrilled to lead Anny’s seed funding round. Anny’s innovative use of artificial intelligence 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.”

Founded in 2023 by Japjot Singh, Aveen Kaur, and Rahul Tanwar, Anny claims to be experiencing nearly 8x growth in the past six months.