About Nuvedo
Nuvedo is a company based in Bengaluru (India) founded in 2021 by Prithvi Kini and Jashid Hameed. Nuvedo has raised $42.91 thousand across 1 funding round from investors including Aluri Srinivasa Rao. The company has 1 employees as of April 05, 2024. Nuvedo offers products and services including Mushroom Growing Kit, Mushroom Extract Powder, Reishi Liquid Extract, Lion’s Mane Mushroom Coffee, and Mushroom Spawn. Nuvedo operates in a competitive market with competitors including Ugaoo, Make My Garden, GardenTrails, TheGreenWealth and Plants Guru, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 05 Apr, 2024
- Founders Prithvi Kini, Jashid Hameed
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Sectors
Agriculture
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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 Nuvedo Labs Private Limited
- Date of Incorporation 26 Feb, 2021
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$29.5 K (USD)242.61as on Mar 31, 2023
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Net Profit
-$20.6 K (USD)-97.44as on Mar 31, 2023
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EBITDA
-$14.43 K (USD)-61.95as on Mar 31, 2023
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Total Equity Funding
$42.91 K (USD)
in 1 rounds
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Latest Funding Round
$42.91 K (USD), Angel Round
Sep 27, 2022
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Investors
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Employee Count
1
as on Apr 05, 2024
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Products & Services of Nuvedo
Nuvedo offers a comprehensive portfolio of products and services, including Mushroom Growing Kit, Mushroom Extract Powder, Reishi Liquid Extract, Lion’s Mane Mushroom Coffee, and Mushroom Spawn.
Kit for home mushroom cultivation with easy instructions.
Powder for health benefits from functional mushrooms.
Liquid extract promoting immunity and well-being.
Coffee infused with mushrooms for focus and energy.
Spawn for growing various mushroom types at home.
Funding Insights of Nuvedo
Nuvedo has successfully raised a total of $42.91K through 1 strategic funding round. The most recent funding activity was a Angel Round of $42.91 thousand completed in September 2022. 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.
Investors in Nuvedo
Nuvedo has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Aluri Srinivasa Rao.
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Aluri Srinivasa Rao |
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Investor details for Nuvedo
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Investments & Acquisitions by Nuvedo
Investment portfolio details for Nuvedo
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Financial Statements - Nuvedo
Detailed financials for Nuvedo
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Nuvedo Comparisons
Peer comparison for Nuvedo
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Competitors of Nuvedo
Nuvedo 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 Ugaoo, Make My Garden, GardenTrails, TheGreenWealth and Plants Guru, among others.
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Online plant nursery and gardening store
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Provides comprehensive gardening and landscaping services focused on creativity and innovation.
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Online retailer offering organic soil, pots, and manures for home gardening needs.
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Offers plant care products, fertilizers, accessories, and expert gardening services.
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Online store selling plants, seeds, planters, tools, and garden decor in India.
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Detailed competitors of Nuvedo
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Latest news on Nuvedo
Complete news archive for Nuvedo
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Frequently Asked Questions about Nuvedo
Nuvedo was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Nuvedo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Nuvedo is a funded company, having raised a total of $42.91K across 1 funding round to date.
As of Apr 05, 2024, the latest employee count at Nuvedo is 1.
Annual revenue of Nuvedo is $29.5K as on Mar 31, 2023.
Nuvedo was founded in 2021 and is based in Bengaluru, India. Operations focus on the e-commerce sector for home mushroom cultivation, with kits featuring organic substrates inoculated with mycelium from varieties such as pink oyster, white, and oyster mushrooms. The dormant myceliated bags are activated upon opening and exposure to water, enabling users to grow mushrooms at home. The product range supports beginner-friendly cultivation without specialized equipment.
Nuvedo's top competitors include Ugaoo, Make My Garden and GardenTrails.
Nuvedo offers Mushroom Growing Kit, Mushroom Extract Powder, Reishi Liquid Extract, Lion’s Mane Mushroom Coffee, and Mushroom Spawn.
Nuvedo has 1 investor. Key investors include Aluri Srinivasa Rao.
The valuation of Nuvedo is $735.46K as of Sep 2022.