Founded in 2023 by Japjot
Singh (CEO), Aveen Kaur (COO), and Rahul Tanwar (CTO), Anny aims to offer women
a fashion-forward and accessible wardrobe, leveraging technology to stay on top
of trends and ensure quality. With the help of AI, it aims to adapt to
real-time fashion trends and provide a proprietary size chart designed to fit
the diverse body types of Indian women.
Anny, a women-focused fashion tech
startup, has raised an undisclosed amount in a seed funding round led by Faad
Capital, a prominent early-stage investment firm. The round also saw
participation from various high-net-worth individuals (HNIs) and angel
investors. With the latest investment, Anny plans to accelerate its expansion by
focusing on several key areas. These include advancements in AI technology for
real-time trend adaptation, improvements to its supply chain, and the
acquisition of top-tier talent to scale the business. The startup also plans to
diversify its product offerings, introducing over 500 new products each month to
ensure collections remain fresh and on-trend. In addition to expanding its
product line, Anny is preparing to launch a mobile app to improve accessibility
for its customers. The startup believes the app will make it easier for
consumers to browse and purchase products directly from their mobile devices.
Notably, it plans to
open its first physical store in early 2025, further enhancing customer
convenience by offering an in-person shopping experience.“ 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,” commented Japjot Singh, Chief Executive
Officer (CEO), Anny. “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.