Nuvie is a Bengaluru-based food and beverage startup founded in May 2024 by Prashant Paliwal and Hem Narayan. The company is dedicated to redefining healthy eating by providing food products that are both enjoyable and nutritious. Nuvie aims to challenge traditional notions of wellness foods by making them fun and easy to incorporate into daily diets. In its maiden funding round, Nuvie raised $450,000, led by startup accelerator PedalStart along with notable investors such as Mukesh Bansal, co-founder of Myntra and Cult.fit.
Attribute | Information |
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Founding Date | May 2024 |
Headquarters | Bengaluru, Karnataka, India |
Founders | Prashant Paliwal, Hem Narayan |
Revenue | INR 10 lakh in the first month; aiming for an ARR of INR 10 crore by end of 2025 |
Key Investors | Mukesh Bansal, PedalStart |
Industry | Food and Beverage |
Number of Employees | 2-10 |
Nuvie was founded in 2024 by industry veterans Prashant Paliwal and Hem Narayan, both of whom have previous experience in renowned startups like Cult.fit. The idea for Nuvie emerged from personal health journeys and the realization that nutritious food should not only be healthy but also enjoyable. The company started with a range of lactose-free protein shakes, responding to insights received from their initial consumer base.
Nuvie began its journey aiming to disrupt the traditional health food market by making nutritious products fun and accessible. The founders' backgrounds in the health and fitness industry provided valuable insights that directly influenced Nuvie's product development and market strategies.
Nuvie operates in the Indian food and beverage industry, focusing on providing health-conscious products that do not compromise on taste. Currently, the company’s products are distributed in over 100 retail stores and more than 200 gyms across major Indian cities. By integrating their offerings with popular e-commerce platforms, Nuvie is positioned for rapid expansion, aligning with the growing demand for health and wellness products in India.
Nuvie is poised to become a major player in India's health food sector with its unique approach to wellness products that balance taste and nutrition. Given their robust start and strategic investor backing, the company is set on an upward trajectory. The focus on creating enjoyable health-focused products plays into larger health trends, enhancing its potential to capture a significant market share as more consumers seek healthier lifestyles.