About Nu Republic
Nu Republic is a company based in Gurugram (India) founded in 2018 by Ujjwal Sarin.. Nu Republic has raised $1.4 million across 5 funding rounds from investors including Primarc, AKM and Rohit Anand. Nu Republic operates in a competitive market with competitors including Fitbit, Xiaomi, boAt, Nothing and Muse Wearables, among others.
- Headquarter Gurugram, India
- Founders Ujjwal Sarin
- Stage Minicorn
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Sectors
ConsumerRetail Technology
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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 Nuworld Retail Private Limited
- Date of Incorporation 13 Oct, 2022
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$306.47 K (USD)0as on Mar 31, 2023
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Net Profit
$-56.94 K (USD)0as on Mar 31, 2023
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EBITDA
$-101.28 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$1.4 M (USD)
in 5 rounds
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Latest Funding Round
$448.78 K (USD), Seed
Dec 09, 2024
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Investors
Primarc
& 34 more
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Employee Count
Employee Count
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Funding Insights of Nu Republic
Nu Republic has successfully raised a total of $1.4M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $448.78 thousand completed in December 2024. 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 5
- Last Round Seed — $448,780
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First Round
First Round
(30 Nov 2022)
- Investors Count 35
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Seed - Nu Republic | Valuation | Salarpuria Group | |
| Mar, 2024 | Amount | Seed - Nu Republic | Valuation | AKM | |
| Jan, 2024 | Amount | Seed - Nu Republic | Valuation | unknown |
| 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 Nu Republic
Nu Republic has secured backing from 35 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Primarc, AKM and Rohit Anand. 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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Founded Year | Domain | Location | |
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Provider of software development, ERP management, and IT consulting services
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Founded Year | Domain | Location | |
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Celebrity and model management services, plus branded content, are provided.
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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 Nu Republic
| 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 - Nu Republic
| 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 |
Nu Republic Comparisons
Competitors of Nu Republic
Nu Republic 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 Fitbit, Xiaomi, boAt, Nothing and Muse Wearables, 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 |
Smartwatches and fitness trackers are provided for activity monitoring.
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| domain | founded_year | HQ Location |
Multi-category consumer electronics are offered through an internet-first model.
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| domain | founded_year | HQ Location |
Personal audio products, wearables, and mobile accessories are retailed.
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| domain | founded_year | HQ Location |
Multi-category electronics are provided by an internet-first brand.
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| domain | founded_year | HQ Location |
Smartwatch and app for fitness and nutrition tracking are developed.
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| domain | founded_year | HQ Location |
Multi-category consumer electronics are provided by an internet-first brand.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Nu Republic
Frequently Asked Questions about Nu Republic
When was Nu Republic founded?
Nu Republic was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is Nu Republic located?
Nu Republic is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is Nu Republic a funded company?
Nu Republic is a funded company, having raised a total of $1.4M across 5 funding rounds to date. The company's 1st funding round was a Seed of $39.64K, raised on Nov 30, 2022.
What is the annual revenue of Nu Republic?
Annual revenue of Nu Republic is $306.47K as on Mar 31, 2023.
What does Nu Republic do?
Manufacturer of personal audio devices, smartwatches, power accessories, and travel gear. It provides expressive and innovative products. The company focuses on design, technology and user experience. It offers personal audio devices, true wireless earbuds, speakers, smartwatches, and charging solutions.
Who are the top competitors of Nu Republic?
Who are Nu Republic's investors?
What is Nu Republic's valuation?
The valuation of Nu Republic is $13.43M as of Dec 2024.
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