About NOTO
NOTO is a company based in Mumbai (India) founded in 2019 by Varun Sheth and Ashni Shah.. NOTO has raised $9.09 million across 7 funding rounds from investors including Angel List, Venture Catalysts and LetsVenture. NOTO operates in a competitive market with competitors including Go Zero, Get-A-Way, Cold Love Ice Cream, Papacream and Licksters, among others.
- Headquarter Mumbai, India
- Founders Varun Sheth, Ashni Shah
- Stage Minicorn
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Sectors
ConsumerRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Kavv Foods Private Limited
- Date of Incorporation 08 Jun, 2017
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$2.07 M (USD)177.72as on Mar 31, 2023
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Net Profit
$-746.21 K (USD)-223.27as on Mar 31, 2023
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EBITDA
$-686.16 K (USD)-211.66as on Mar 31, 2023
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Total Equity Funding
$9.09 M (USD)
in 7 rounds
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Latest Funding Round
$2.44 M (USD), Seed
Apr 14, 2025
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Investors
Angel List
& 81 more
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Employee Count
Employee Count
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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 Total Funding
- Total Rounds 7
- Last Round Seed — $2.4M
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First Round
First Round
(06 Dec 2019)
- Investors Count 82
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Seed - NOTO | Valuation | Equentis Wealth Advisory Services | |
| Feb, 2025 | Amount | Seed - NOTO | Valuation | Inflection Point Ventures | |
| Oct, 2024 | Amount | Seed - NOTO | Valuation | Firstport Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments are made in early-stage tech startups across sectors.
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Founded Year | Domain | Location | |
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Multiple sectors are incubated by the foundation in Mumbai, India.
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Founded Year | Domain | Location | |
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Signal Ventures is engaged in early-stage startup investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by NOTO
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - NOTO
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Noto Comparisons
Competitors of NOTO
NOTO operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Go Zero, Get-A-Way, Cold Love Ice Cream, Papacream and Licksters, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Go Zero is recognized as India's leading guilt-free ice cream brand.
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| domain | founded_year | HQ Location |
Healthy ice cream is distributed via an online-first brand.
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| domain | founded_year | HQ Location |
Internet first brand offering ice cream
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| domain | founded_year | HQ Location |
A variety of ice creams is offered online by Papacream.
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| domain | founded_year | HQ Location |
Internet first brand of fruit popsicle and ice cream
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Noto
Frequently Asked Questions about NOTO
When was NOTO founded?
NOTO was founded in 2019.
Where is NOTO located?
NOTO is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is NOTO a funded company?
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 $1.72M, raised on Dec 06, 2019.
What is the annual revenue of NOTO?
Annual revenue of NOTO is $2.07M as on Mar 31, 2023.
What does NOTO do?
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.
Who are the top competitors of NOTO?
NOTO's top competitors include Go Zero, Get-A-Way and Cold Love Ice Cream.
Who are NOTO's investors?
NOTO has 82 investors. Key investors include Angel List, Venture Catalysts, LetsVenture, Equentis Wealth Advisory Services, and Lead Angels.
What is NOTO's valuation?
The valuation of NOTO is $9.38M as of Oct 2024.
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