D2C footwear brand Solethreads raises $3.7 million in funding from Fireside Ventures, others

Direct-to-consumer (D2C) footwear startup Solethreads has raised $3.7 million (around Rs 31 crore) from Fireside Ventures and existing investors DSG Consumer Partners and Saama Capital. This concludes the company’s Series A round, in which it had earlier raised Rs 27 crore during 2020 and 2021.

Founded in 2020, Solethreads currently sells flip-flops, slides and sneakers for both men and women via both online and offline channels.