When was Aava founded?

Aava was founded in 2005 and raised its 1st funding round 4 years after it was founded.

Where is Aava located?

Aava is headquartered in Ahmedabad, India. It is registered at 2, CHINA GARDEN COMPLEX, NETAJI MARG, MITHAKHALI SIX ROAD, AHMEDABAD, Gujarat, India, 380006.

Which legal entities is Aava associated with?

Aava is associated with SHEELPE ENTERPRISES PRIVATE LIMITED.

How many employees does Aava have?

As of Mar 31, 2026, the latest employee count at Aava is 4.

Is Aava a funded company?

Aava is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Mar 19, 2009.

How much is Aava worth?

The latest valuation of Aava is ₹***** as of Mar 19, 2009.

When was the latest funding round of Aava?

Aava's latest funding was a $***** Series A round on Mar 19, 2009, with participation from 0 investor. Its primary sector is Food & Beverage Products. In India, the Food & Beverage Products sector has seen $147M in funding in 2026 to date.

What is the annual revenue of Aava?

Annual revenue of Aava is between ₹50 Cr and ₹100 Cr as on Mar 31, 2025

Where does Aava rank among its competitors?

Aava ranks 7th amongst 118 active competitors, of which 3 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Responsible Whatr, which secured an undisclosed amount in Nov, 2024.

Who are the top competitors of Aava?

Aava's top competitors include Bisleri, Clear Premium Water and Manikchand Oxyrich Dhariwal Industries. Among them, Responsible Whatr secured the most recent funding round in November, 2024.

Aava - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Internet first brand of naturally alkaline mineral water and sparkling water. This business produces bottled water sourced from underground reservoirs. The water undergoes filtration through natural layers of alluvium and clay to ensure purity and mineral composition. The product offerings still and sparkling varieties packaged in recyclable containers. These beverages contain essential minerals and bicarbonates to support hydration and health.

Website: aavawater.com
Social
Email ID: *****@aavawater.com, *****@aavawater.com
Phone Number: +91 **********
Registered Address: 2, CHINA GARDEN COMPLEX, NETAJI MARG, MITHAKHALI SIX ROAD, AHMEDABAD, Gujarat, India, 380006

Key Metrics

Founded Year

2005

Location

Ahmedabad, India

Stage

Series A

Total Funding

$3.89M in 1 round

Latest Funding Round

Series A, Mar 19, 2009, $*****

Post Money Valuation

₹***** as on Mar 19, 2009

Investors

Divya Holdings & 1 more

Ranked

7^th among 118 active competitors

Annual Revenue

₹50 - ₹100 Cr as on Mar 31, 2025

Employee Count

4 as on Mar 31, 2026

Similar Companies

Spadel & 474 more

View Aava's full profile

Aava is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SHEELPE ENTERPRISES PRIVATE LIMITED CIN: U15543GJ2008PTC054386 , India, Active	Jul 03, 2008	₹50 - ₹100 Cr (As on Mar 31, 2025)	4 (As on Mar 31, 2026)

Aava has raised a total funding of $3.89M over 1 round. Aava has 2 institutional investors.

Here is the list of recent funding rounds of Aava:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 19, 2009	2572784	Series A	1863709	8008165	1817616	6431567

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View details of Aava's funding rounds and investors

Here are the details of Aava's key team members:

Shiroy Behram Mehta: CEO of Aava. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number

Aava's Board of Directors

Aava's board has 2 active members. Shiroy Behram Mehta and Behram Mehta are part of team.

Here is the list of Aava's board of directors:

Name	Type	Representing	Status	Duration
Behram Mehta	Team	-	Current	17y 11m
iwgjtjl	Team	-	Current	7y 4m

View details of Aava's Founder profiles and Board Members

Aava's employee count trend

Aava has 4 employees as of Mar 26. The total employee count is the same as what it was in Mar 25. Here is Aava's employee count trend over the years:

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Top competitors of Aava include Bisleri, Clear Premium Water and Manikchand Oxyrich Dhariwal Industries. Here is the list of Top 10 competitors of Aava, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bisleri 1969, Mumbai (India), Funding Raised	Brand of packaged drinking water	-	-	57/100
2nd	Clear Premium Water 2005, Ahmedabad (India), Seed	Manufacturer of bottled water and eco-friendly packaging	$5.94M	JM Financial Private Equity, Eaglewings Ventures ... & 2 others	47/100
3rd	Manikchand Oxyrich Dhariwal Industries 2002, Pune (India), Deadpooled	Manufacturer of Packaged Drinking Water	-	-	41/100
4th	Vivala Beverages 2013, Hyderabad (India), Unfunded	Company that manufactures and distributes packaged drinking water and soda products	-	-	37/100
5th	Heera Pure Drops 2013, Hyderabad (India), Deadpooled	Manufacturer & Supplier of Packaged Drinking Water	-	-	31/100
6th	SLV Enterprises 2006, Bengaluru (India), Unfunded	Manufacturer & Supplier of Mineral Water	-	-	30/100
7th	Aava 2005, Ahmedabad (India), Series A	Internet first brand of naturally alkaline mineral water and sparkling water	$3.89M	-	30/100
8th	Responsible Whatr 2019, Delhi (India), Seed	Brand offering natural spring water products	$107K	-	28/100
9th	Varahi 1993, Delhi (India), Acquired	Manufacturer of natural mineral water bottled at the source	-	-	28/100
10th	ClearSip 2019, Delhi (India), Unfunded	Manufacturer of bottled water	-	-	27/100

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Founders own 32.40%, Enterprises own 28.00% and Other People (largest shareholder) own 39.60%. The net worth of Aava's founders is INR 23.6Cr as of Mar 19, 2009.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	32.40%	23.6Cr	4411734	9624295	7973760	9378524
Enterprise	28.00%	20.4Cr	9375702	5944942	6032050	1595633
Other People	39.60%	28.9Cr	4625741	7602401	4369077	4353459
Total	100.00%	72.9Cr	7614833	3121704	8643095	9029546