About NOTO
NOTO is a Consumer company based in Mumbai (India) founded in 2019 by Varun Sheth and Ashni Shah. Plant-based frozen desserts are offered via a dedicated platform. It operates in the Consumer and Retail sectors. NOTO has raised $9.09 million across 7 funding rounds from investors including Angel List, Venture Catalysts and LetsVenture. NOTO was last valued at $9.38 million in October 2024. Its website eatnoto.com draws about 19 thousand monthly visits. Its Indian entity Kavv Foods Private Limited reported revenue of ₹23.10 Cr. Its focus areas include Food and Agriculture, Food & Beverage Products, Dairy and Ice cream. Its competitors include Go Zero, Get-A-Way and Cold Love Ice Cream; 3 of its 3 listed competitors have raised funding.
Company details
NOTO was founded in 2019 in Mumbai, India, within the plant-based food sector. Dairy-free and vegan ice creams are provided, made from natural ingredients including nuts, fruits, and plant-based sweeteners. Various flavors are available to serve health-conscious and lactose-intolerant consumers through an online platform. Operations focus on accessible, ingredient-driven frozen treats.
- Headquarters Mumbai, India
- Founders Varun Sheth, Ashni Shah
- Stage Minicorn
- SectorsConsumerRetail
- Email••••••••
- Phone•••• ••••
- Website eatnoto.com
- Social LinkedIn Facebook Instagram
- Legal Name Kavv Foods Private Limited
- Date of Incorporation 08 Jun, 2017
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹23.10 Cr
FY 2024 · +34% YoY
- Net Loss-₹9.25 Cr
FY 2024 · -40% margin
- EBITDA-₹8.16 Cr
FY 2024 · -35% margin
- Total Equity Funding$9.09M (USD)
in 7 rounds
- Latest Funding Round$2.44M (USD), Seed
Apr 2025
- InvestorsAngel List
& 81 more
Associated legal entities of NOTO
NOTO is associated with 2 registered companies on The Company Check; the primary company is Kavv Foods Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kavv Foods Private Limited CIN U55109MH2017PTC295937 | Active | 08 Jun 2017 | Mumbai, Maharashtra | ₹23.1 Cr | 53 | 3 | View details |
| Noto Foods Private Limited CIN U15139RJ2012PTC040985 | Active | 13 Dec 2012 | Jaipur, Rajasthan | 2 | View details |
Funding Insights of NOTO
NOTO has successfully raised a total of $9.09M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $2.44 million completed in April 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $9.09M
- Total Rounds 7
- Last Round Seed — $2.44M
- First Round $168,287
(Dec 2019)
- Investors Count 82
All 7 funding rounds of NOTO with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2025 | $2.44M | Seed | – | Equentis Wealth Advisory Services | |
| Feb 2025 | $1.73M | Seed | – | Inflection Point Ventures | |
| Oct 2024 | $1.72M | Seed | $9.38M | Firstport Capital | |
| Mar 2023 | $2M | Seed | $6.98M | White Whale Partners, Rainmatter | |
| Apr 2022 | $391,965 | Seed | $••••• | Venture Catalysts | |
| May 2021 | $648,934 | Seed | $••••• | Rockstud Capital, John Abraham | |
| Dec 2019 | $168,287 | Seed | $••••• | WEH Ventures |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2024 | $9.38M | •••••••• |
| Mar 2023 | $6.98M | •••••••• |
| Apr 2022 | $••••• | •••••••• |
| May 2021 | $••••• | •••••••• |
| Dec 2019 | $••••• | •••••••• |
Full valuation and stage history of NOTO
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $9.38M (Oct 2024). 82 investors in total: 26 institutional and 56 angel.
Investors in NOTO
NOTO has secured backing from 82 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Angel List, Venture Catalysts and LetsVenture.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in early-stage tech startups across sectors. | ipventures.in | Gurugram, India | ||
Multiple sectors are incubated by the foundation in Mumbai, India. | jitojiif.com | Mumbai, India | ||
Signal Ventures is engaged in early-stage startup investments. | 2023 | signalventures.in | Mumbai, India | |
Venture capital, equity markets, and secondaries services in India. | 2017 | whitewhale.in | Mumbai, India | |
Venture capital investment in tech-startups | Gurugram, India | |||
Investments are made in early and growth stage tech startups. | anthillventures.com | Hyderabad, India | ||
Angel investing and mentorship for early-stage startups in India. | 2022 | realtimeaf.com | Jaipur, India | |
Seed-stage investments are targeted by this venture capital firm. | Singapore, Singapore | |||
Indian fund focused on fintech, health, and climate initiatives. | rainmatter.com | Bengaluru, India | ||
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India |
Investor details for NOTO
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Kavv Foods Private Limited (NOTO)
Kavv Foods Private Limited is the primary company behind NOTO. The boards of the 2 registered companies of NOTO currently have 5 directors; the longest-serving is Varun Vinay Sheth, appointed in 2017. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Varun Vinay Sheth DIN 07812452 | Director | 08 Jun 2017 | 9 yrs 5 mo | Kavv Foods Private Limited |
| Ashni Sandip Shah DIN 07816626 | Director | 08 Jun 2017 | 9 yrs 5 mo | Kavv Foods Private Limited |
| Manoj Kumar Bansal DIN 02943555 | Director | 13 Mar 2021 | 5 yrs 8 mo | Noto Foods Private Limited |
| Sanjeev Kumar Bansal DIN 05154560 | Director | 13 Mar 2021 | 5 yrs 8 mo | Noto Foods Private Limited |
| Rohitkrishna DIN 08753802 | Director | 01 Jun 2021 | 5 yrs 5 mo | Kavv Foods Private Limited |
People of NOTO
4 people are tracked at NOTO (3 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder & Director | Leadership | |
| Co-Founder | Leadership | |
Elaine Pereira | Head Of Marketing | Leadership |
Simran Mehta | Manager - Business Development & Partnerships (offline) | Team |
Complete people profiles for NOTO
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of NOTO
Figures of Kavv Foods Private Limited, the primary company behind NOTO, for FY 2024. Revenue was ₹23.10 Cr (+34% year on year). Net loss was -₹9.25 Cr (-40% margin). EBITDA was -₹8.16 Cr (-35% margin). Revenue has grown at a compounded annual rate of +142% over three years and +117% over five years.
- ₹23.10 CrRevenue · FY 2024 · +34% YoY
- -₹9.25 CrNet loss · -40% margin
- -₹8.16 CrEBITDA · -35% margin
- ₹21.8 LakhPaid-up capital
- 53Employees (provident fund records)
- +142%Revenue CAGR, 3 years
- +117%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Kavv Foods Private Limited are on its company page.
Detailed financial statements for NOTO
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of NOTO
4 dated milestones of NOTO across 6 years, from founding to its latest funding, stage changes and deals.
- Founded NOTO is founded.
- Funding First funding round of $168K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $2.4M.
Competitors of NOTO
NOTO has 3 listed competitors in our database, 3 of them funded. They include Go Zero, Get-A-Way and Cold Love Ice Cream.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| letsgozero.in | 2022 | Mumbai, India | $6.02M | 19 | Go Zero is recognized as India's leading guilt-free ice cream brand. | |
| getawaydesserts.com | 2018 | Mumbai, India | $2.13M | 21 | Healthy ice cream is distributed via an online-first brand. | |
| coldlove.in | 2018 | Delhi, India | $557,944 | 1 | Internet first brand offering ice cream |
Detailed competitors of NOTO
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Verified entity values are shown only after access is granted.
Web traffic of NOTO
The website of NOTO (eatnoto.com) receives about 19.3K visits a month.
- Monthly visits19.3K
▲ 58.3% vs previous month
Websites whose visitors overlap most with NOTO. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| frozenbottle.com | 100% | 18.2K | #1,325,659 | View details | |
| letsgozero.in | 100% | 20.2K | #1,480,191 | View details | |
| naturalicecreams.in | 100% | 67.7K | #484,324 | View details |
Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as NOTO (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering a subscription-based delivery service for fresh milk and groceries | 2015 | Gurugram, Haryana, India | USD 228.42 M | USD 99.78 M | 3,464 | |
Subscription-based coffee products are offered by an internet-first brand. | 2013 | Gurugram, Haryana, India | USD 112.84 M | USD 61.39 M | 2,059 | |
Meat and seafood products are delivered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 564.84 M | USD 143.51 M | 2,828 |
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Related news about Noto
Complete news archive for NOTO
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Frequently Asked Questions about NOTO
NOTO was founded in 2019.
NOTO is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
NOTO is a funded company, having raised a total of $9.09M across 7 funding rounds to date. The company's 1st funding round was a Seed of $168.29K, raised on Dec 2019.
The primary company behind NOTO, Kavv Foods Private Limited, reported revenue of ₹23.10 Cr for FY 2024, up 34% year on year.
NOTO was founded in 2019 in Mumbai, India, within the plant-based food sector. Dairy-free and vegan ice creams are provided, made from natural ingredients including nuts, fruits, and plant-based sweeteners. Various flavors are available to serve health-conscious and lactose-intolerant consumers through an online platform. Operations focus on accessible, ingredient-driven frozen treats.
NOTO's top competitors include Go Zero, Get-A-Way and Cold Love Ice Cream.
NOTO has 82 investors. Key investors include Angel List, Venture Catalysts, LetsVenture, Equentis Wealth Advisory Services, and Lead Angels.
The valuation of NOTO is $9.38M as of Oct 2024.
NOTO is associated with 2 legal entities: Kavv Foods Private Limited, Noto Foods Private Limited.
The legal entities of NOTO currently have 5 directors, including Rohitkrishna, Varun Vinay Sheth, Ashni Sandip Shah and others.