03 February 2023, Mumbai
Crepdog Crew has raised seed funding from marquee investors and industry veterans.
This is a sneaker and streetwear brand. The fresh capital will be used to scale its e-commerce business and community-based retail footprint. The brand which was founded in 2019 has a 6000 sqft store in New Delhi that houses the biggest sneaker wall in India, the widest collection of Indian streetwear designers, a basketball court, a craft coffee café and even a burger shop.
Plans for 2023 include opening a second experiential retail store in Mumbai. Crepdog Crew currently retails more than 40 streetwear brands on its website and 20 brands – exclusively – at its New Delhi store. The company has a focus on curating and nurturing homegrown streetwear fashion talent. The brand has already witnessed 350 per cent year on year growth since its inceptionand aims to further spread its reach by opening more stores across the country.
Its online store delivers over 500 pairs of sneakers per week to customers all across India. The sneaker sector in India, one of the fastest growing sectors in India, is currently growing at 12 per cent to 15 per cent and soon expected to catch up to the global sneaker market.