Funding · Commerce & Consumer Brands
SHOEGR raises ₹6 crore in fresh funding
By Startup Enthusiast ·
- Date
- Company
- Shoegr
- What it does
- Footwear care products company
- Kind
- Funding
- Amount
- ₹6 crore
- Stage
- seed
What they do
SHOEGR makes shoe cleaning kits, laundry bags, and odour-control products
What happened
It is raising about ₹6 crore to strengthen inventory and launch new products
Why it matters
The company is EBITDA positive and has over 1.3 lakh YouTube subscribers
The details
- SHOEGR is raising approximately ₹6 crore in fresh funding.
- The company will use the money to strengthen inventory, improve distribution, and launch new products.
- It also aims to fulfil growing purchase orders with this capital.
- SHOEGR had previously raised a $100,000 pre-seed investment from PedalStart.
- PedalStart is the company's pre-seed investor.
The bigger picture
- India's sneaker culture is growing, with consumers spending ₹10,000 to ₹50,000 or more on premium sneakers.
- The rise of quick commerce is accelerating purchases of footwear care products.
- SHOEGR plans to first strengthen its presence on Amazon and quick-commerce platforms.
- Later, it aims to build a complete care ecosystem beyond shoes.
About the business
- SHOEGR is a footwear care products company based in India.
- Its product range includes a three-brush shoe cleaning system, shoe laundry bags, and laundry pods.
- It also sells suede-care products, odour-control solutions, and restoration spray.
- The company distributes through Amazon, quick-commerce platforms, and other marketplaces.
- SHOEGR's YouTube channel has over 1.3 lakh subscribers.
- The company is EBITDA positive.
What happens next
- SHOEGR will use the fresh capital to strengthen inventory, improve distribution, and launch new products.
- It will first strengthen its presence on Amazon and quick-commerce platforms.
- Later, it plans to build a complete care ecosystem beyond shoes.
The deal
- Type
- funding
Investors
- PedalStart (existing) — PedalStart is a pre-seed investor that previously invested $100,000 in SHOEGR.
Founders
- Saurabh Gupta, co-founder
About Shoegr
- Product
- Extensive range of shoe cleaning, protection, and storage solutions for footwear maintenance
- Customers
- Consumers seeking quality shoe care products and accessories
- How it makes money
- D2C brand selling through own e-commerce website and major marketplaces (Amazon, Flipkart, Myntra, Ajio)
- What sets it apart
- Positioning shoe care as integral to personal grooming regime with affordable and accessible solutions
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