About Nutrova
Nutrova is a company based in Mumbai (India) founded in 2011 by Akshay Pai.. Nutrova has raised $2.46 million across 3 funding rounds from investors including Madhurimainternational, DSG Consumer Partners and Siddharth Daftary. The company has 38 employees as of December 29, 2024. Nutrova operates in a competitive market with competitors including Kapiva, ChromaDex, Labomar, Mojocare and LifeVantage, among others.
- Headquarter Mumbai, India
- Employees 38 as on 29 Dec, 2024
- Founders Akshay Pai
- Stage Minicorn
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Sectors
Healthcare
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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 Axys Nutrition Products Private Limited
- Date of Incorporation 21 Oct, 2011
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$1.61 M (USD)46.99as on Mar 31, 2024
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Net Profit
$-265.94 K (USD)-31.26as on Mar 31, 2024
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EBITDA
$-254.91 K (USD)-10.36as on Mar 31, 2024
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Total Equity Funding
$2.46 M (USD)
in 3 rounds
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Latest Funding Round
$1.7 M (USD), Seed
Mar 12, 2024
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Investors
Madhurimainternational
& 4 more
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Employee Count
38
as on Dec 29, 2024
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Funding Insights of Nutrova
Nutrova has successfully raised a total of $2.46M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.7 million completed in March 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 3
- Last Round Seed — $1.7M
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First Round
First Round
(30 Mar 2020)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Seed - Nutrova | Valuation | Madhurima International , DSG Consumer Partners |
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| May, 2020 | Amount | Seed - Nutrova | Valuation | DSG Consumer Partners |
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| Mar, 2020 | Amount | Angel Round - Nutrova | Valuation | Siddharth Daftary |
| 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 Nutrova
Nutrova has secured backing from 5 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Madhurimainternational, DSG Consumer Partners and Siddharth Daftary. 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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Investing in and supporting insurgent consumer brands in India and Southeast Asia.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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SD
Siddharth Daftary |
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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 Nutrova
| 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 - Nutrova
| 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 |
Nutrova Comparisons
Competitors of Nutrova
Nutrova 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 Kapiva, ChromaDex, Labomar, Mojocare and LifeVantage, 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 |
Ayurvedic healthcare and nutritional products are provided by Kapiva.
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| domain | founded_year | HQ Location |
Nutritional ingredients for health and wellness are developed.
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| domain | founded_year | HQ Location |
Dietary supplements, diet foods, health products, and medical devices
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| domain | founded_year | HQ Location |
Personalized wellness solutions are delivered via a digital healthcare platform.
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| domain | founded_year | HQ Location |
Nutritional products for various health ailments are provided.
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| domain | founded_year | HQ Location |
Nutritional supplements are provided to enhance health and wellness.
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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 Nutrova
Frequently Asked Questions about Nutrova
When was Nutrova founded?
Nutrova was founded in 2011 and raised its 1st funding round 9 years after it was founded.
Where is Nutrova located?
Nutrova is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Nutrova?
Akshay Pai is the current CEO of Nutrova. They have also founded this company.
Is Nutrova a funded company?
Nutrova is a funded company, having raised a total of $2.46M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $92.93K, raised on Mar 30, 2020.
How many employees does Nutrova have?
As of Dec 29, 2024, the latest employee count at Nutrova is 38.
What is the annual revenue of Nutrova?
Annual revenue of Nutrova is $1.61M as on Mar 31, 2024.
What does Nutrova do?
Nutrova was founded in 2011 and is based in Mumbai, India, where dietary supplements are developed and offered. The product line includes collagen, antioxidants, whey protein, amino acids, omega-3, and functional fibers. These supplements are targeted at weight management, muscle building, skin and hair health, and general wellness. Operations focus on the health and nutrition sector, serving consumers through online channels.
Who are the top competitors of Nutrova?
Who are Nutrova's investors?
Nutrova has 5 investors. Key investors include Madhurimainternational, DSG Consumer Partners, Siddharth Daftary, Anand Parekh, and Raj Parekh.
What is Nutrova's valuation?
The valuation of Nutrova is $12.93M as of Mar 2024.
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