Dawntown raises $500,000 from actor Sanjay Dutt, Sujit Jain

By

Maverick Martins

Published
Feb 24, 2023

Sneakers marketplace Dawntown has raised $500,000 (Rs 4 crore) from actor Sanjay Dutt and Sujit Jain, managing director of Netsurf Communications.

The start-up will utilise the funds to strengthen its retail presence in Indian market and plans to enter the global markets to fuel its growth.

Commenting on the investment in Dawntown, Sanjay Dutt in a statement said, “I have always had a thing for cool shoes. Through the 90s, I was majorly into cowboy boots. After 2000s, sneakers became my thing. I was smitten by the make, designs, colours. I am so thrilled and excited to attach my name to a whole range that represents my love for sneakers. We plan to go wild with it and create ground-breaking products together.”

Dawntown founders, Risheek Agrawal and Kushagra Patwari added, “Sneakers always excited us but before Dawntown, we never knew how big the sneaker market already is and its getting bigger in the coming years. With this investment our major goal would be to set up our flagship store in Pali Hill, Mumbai, curate our inventory."

Started about two years ago, DawnTown is a sneaker reselling platform which authenticates the shoes and sells them.