February 6, 2025: Clean, Holistic, and Wellness care brand Nua, has raised Rs 35 crore in a pre-series C round to accelerate retail expansion and new product launches across encompassing marketplaces, quick commerce and offline retail.
The company boasts a 70% women workforce, which back the brand’s innovative product designs, exclusive customisation options, hassle-free delivery strategies.
The Mumbai based startup Nua founded by Ramachandran in late 2016, delivers high-quality, safe products, engaging content, and a strong community, creating a holistic and exceptional experience.
Nua Surpasses ₹100 Cr Net Revenue ARR in Q3
Ravi Ramachandran, CEO and Co-founder, Nua said .“The past 12 months have been exceptional for Nua. Not only have we turned profitable but we have also grown over 2.5x in revenue. We reached an important milestone by becoming profitable in Q2, crossed Rs. 100 Cr net revenue ARR in Q3 and are now on track to reach Rs. 150 Cr net revenue ARR in the next quarter. The capital raised in the current round will accelerate our journey to achieving the growth milestones we have set for ourselves.”
Srinivas Seshadri, Head of Investments at Mirabilis Investment Trust, noted “We look forward to a great journey with Nua in reshaping the menstrual health landscape in our country. The team has demonstrated exceptional growth and a clear path to sustained profitability, while serving a greater purpose—normalising conversations around menstrual health, offering holistic solutions and empowering women with better choices.”
The latest round of fund was led by Mirabilis Investment Trust. The round also saw participation from Samir Singh, EVP – Asia, Colgate Palmolive & Former Chair of Unilever SE Asia, Shuchi Kothari, Head of DSP Family Office and SRF Limited.
Including the current round, the company has so far raised $21.5 million from leading investors including Lightbox VC (One of the earliest backers of Nua), Kae Capital, renowned actress Deepika Padukone and former Global President of Unilever, Vindi Banga.
