About NUTY
NUTY is a Consumer company based in Bengaluru (India) founded in 2015 by Naveen Chander and Ray Nathan. Indian cuisine is provided via a chain of limited-service restaurants. NUTY has raised $4.44 million across 3 funding rounds from investors including Sanvi Properties, Sanvi Properties India and Tibcorp International. The company has 13 employees. NUTY was last valued at $8.03 million in October 2021. Its Indian entity Tulita Ahara Private Limited reported revenue of ₹17.08 Cr. NUTY offers products and services including Hummus, Chutney, Gravies, Desserts, and Biryani Masala. Its focus areas include Food and Agriculture, Food Service Chains, Restaurants and Limited Service. Its competitors include Biryani By Kilo, Samosa Party and MTR Foods; 2 of its 3 listed competitors have raised funding.
Company details
NUTY was founded in 2015 in Bengaluru, India, by co-founders Naveen Chander and Ray Nathan. A chain of limited-service restaurants is operated, with Indian cuisine as the primary offering. The company functions within the food services sector, focusing on urban dining experiences. Operations are centered in India, serving customers through accessible restaurant formats.
- Headquarters Bengaluru, India
- Employees 13
- Founders Naveen Chander, Ray Nathan
- Stage Minicorn
- SectorsConsumer
- Website nuty.in
- Social X Facebook YouTube
- Legal Name Tulita Ahara Private Limited
- Date of Incorporation 10 Sep, 2015
- Jurisdiction Coimbatore, Tamil Nadu, India
- Annual Revenue₹17.08 Cr
FY 2024 · +15% YoY
- Net Loss-₹26 Lakh
FY 2024 · -2% margin
- EBITDA₹2.59 Cr
FY 2024 · 15% margin
- Total Equity Funding$4.44M (USD)
in 3 rounds
- Latest Funding Round$372.01K (USD), Series A
Oct 2021
- InvestorsSanvi Properties
& 3 more
- Employee Count13
Associated legal entities of NUTY
NUTY operates through Tulita Ahara Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Tulita Ahara Private Limited CIN U51101TZ2015PTC021763 | Active | 10 Sep 2015 | Coimbatore, Tamil Nadu | ₹17.1 Cr | 13 | 3 | View details |
Products & Services of NUTY
NUTY offers a comprehensive portfolio of products and services, including Hummus, Chutney, Gravies, Desserts, and Biryani Masala.
Creamy dip made from natural ingredients for healthy snacking.
Spicy condiment using fresh ingredients for Indian meals.
Sauce bases prepared with natural flavors for cooking.
Sweet treats made from natural ingredients without additives.
Spice mix for authentic Indian rice dishes.
Base for curries using cold-pressed techniques.
Pre-cooked rice meals with natural ingredients.
Fresh juices extracted without heat for nutrition.
Apps and channels of NUTY
its YouTube channel NÜTY - Readyfood on the GO! has 78 subscribers and 10 videos.
Videos from NUTY
The most watched videos on NUTY's YouTube channel, NÜTY - Readyfood on the GO! (78 subscribers). Click a video to play it here.
More on NÜTY - Readyfood on the GO!.
Funding Insights of NUTY
NUTY has successfully raised a total of $4.44M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $372.01 thousand completed in October 2021. 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 $4.44M
- Total Rounds 3
- Last Round Series A — $372,010
- First Round $1.09M
(Dec 2015)
- Investors Count 4
All 3 funding rounds of NUTY 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 |
|---|---|---|---|---|---|
| Oct 2021 | $372,010 | Series A | $8.03M | Sanvi Properties, Sanvi Properties India | – |
| May 2018 | $2.98M | Series A | $4.44M | Tibcorp International | – |
| Dec 2015 | $1.09M | Seed | – | Tibcorp International |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2021 | $8.03M | •••••••• |
| May 2018 | $4.44M | •••••••• |
Last known valuation $8.03M (Oct 2021). 4 investors in total: 3 institutional and 1 angel.
Investors in NUTY
NUTY has secured backing from 4 investors, including institutional and angel investors. Prominent investors backing the company include Sanvi Properties, Sanvi Properties India and Tibcorp International.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Develops and builds residential apartments in Hyderabad areas with modern amenities. | sanvihomes.com | Hyderabad, India | ||
RN Ray Nathan | Angel investor and startup mentor, focusing on early-stage Indian tech ventures. | unknown_62c225a253bb4d3da | ||
Investor details for NUTY
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Tulita Ahara Private Limited (NUTY)
Tulita Ahara Private Limited is the primary company behind NUTY. The board of Tulita Ahara Private Limited currently have 3 directors; the longest-serving is Hanuman Singh Naveenchander, appointed in 2015. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hanuman Singh Naveenchander DIN 02682268 | Director | 10 Sep 2015 | 11 yrs 2 mo | Tulita Ahara Private Limited |
| Soundappan DIN 08099810 | Director | 31 Mar 2018 | 8 yrs 7 mo | Tulita Ahara Private Limited |
| Ramaswami Ranganatha DIN 08758424 | Director | 31 Mar 2020 | 6 yrs 7 mo | Tulita Ahara Private Limited |
People of NUTY
8 people are tracked at NUTY (2 in leadership, 6 in team); the tracked headcount is 13.
| Name | Role | Group |
|---|---|---|
Naveen Chander | Co-Founder | Leadership |
Ray Nathan | Co-Founder | Leadership |
Talari Sreenivas | Sales Manager | Team |
Vipul NM | Senior Account Executive | Team |
fish chain HR | HR Manager | Team |
NÜTY Food | Manager | Team |
Arockia Doss | EXECUTIVE HR | Team |
gayathri c | Executive Accountant | Team |
Complete people profiles for NUTY
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of NUTY
Figures of Tulita Ahara Private Limited, the primary company behind NUTY, for FY 2024. Revenue was ₹17.08 Cr (+15% year on year). Net loss was -₹26 Lakh (-2% margin). EBITDA was ₹2.59 Cr (15% margin). Revenue has grown at a compounded annual rate of +59% over three years and +45% over five years.
- ₹17.08 CrRevenue · FY 2024 · +15% YoY
- -₹26 LakhNet loss · -2% margin
- ₹2.59 CrEBITDA · 15% margin
- ₹4.4 LakhPaid-up capital
- 13Employees (provident fund records)
- +59%Revenue CAGR, 3 years
- +45%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Tulita Ahara Private Limited are on its company page.
Detailed financial statements for NUTY
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of NUTY
4 dated milestones of NUTY across 6 years, from founding to its latest funding, stage changes and deals.
- Founded NUTY is founded.
- Funding First funding round of $1.1M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $372K.
Competitors of NUTY
NUTY has 3 listed competitors in our database, 2 of them funded. They include Biryani By Kilo, Samosa Party and MTR Foods.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| biryanibykilo.com | 2015 | Gurugram, India | $65.1M | 1,750 | Internet first restaurant offering on demand food delivery for consumers | |
| samosaparty.in | 2017 | Bengaluru, India | $14.02M | 390 | Retailer of Indian snacks, meals, beverages, and combo offerings | |
| mtrfoods.com | 1924 | Bengaluru, India | 2,862 | Authentic Indian food products are offered by MTR Foods. |
Detailed competitors of NUTY
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of NUTY
The website of NUTY (nuty.in) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 91.8% vs previous month
Top companies in Food Service Chains
2 companies that operate in the same segment as NUTY (Food Service Chains) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Coffee and related products are served by a restaurant chain. | 1993 | Bengaluru, Karnataka, India | USD 236.07 M | USD 110.67 M | 2,863 | |
Tea and snacks are served by Chaayos in limited-service restaurants. | 2012 | Delhi, Delhi, India | USD 94.23 M | USD 38.52 M | 2,075 |
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Related news about Nuty
Complete news archive for NUTY
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Frequently Asked Questions about NUTY
NUTY was founded in 2015.
NUTY is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
NUTY is a funded company, having raised a total of $4.44M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.09M, raised on Dec 2015.
NUTY has 13 employees.
The primary company behind NUTY, Tulita Ahara Private Limited, reported revenue of ₹17.08 Cr for FY 2024, up 15% year on year.
NUTY was founded in 2015 in Bengaluru, India, by co-founders Naveen Chander and Ray Nathan. A chain of limited-service restaurants is operated, with Indian cuisine as the primary offering. The company functions within the food services sector, focusing on urban dining experiences. Operations are centered in India, serving customers through accessible restaurant formats.
NUTY's top competitors include Samosa Party, Biryani By Kilo and MTR Foods.
NUTY offers Hummus, Chutney, Gravies, Desserts, and 4 more products and services.
NUTY has 4 investors. Key investors include Sanvi Properties, Sanvi Properties India, Tibcorp International, and Ray Nathan.
The valuation of NUTY is $8.03M as of Oct 2021.
NUTY operates through Tulita Ahara Private Limited.
The legal entities of NUTY currently have 3 directors, including Ramaswami Ranganatha, Hanuman Singh Naveenchander, Soundappan.