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Nova Nova - About the company

Nova Nova is a seed company based in Mumbai (India), founded in 2021 by Harsh Vinodkumar Gadia and Nidhi Harsh Gadia. It operates as a Manufacturer of waffle-based confectionery and snack products. Nova Nova has raised $3.78M in funding from investors like Whiteboard Capital, 100Unicorns and DS Group, with a current valuation of ₹*****. The company has 309 active competitors, including 50 funded and 3 that have exited. Its top competitors include companies like Open Secret, Meal of the Moment and Troovy.

Company Details

Manufacturer of waffle-based confectionery and snack products. They produce a variety of items including waffles, cookies, chocolates, and other snacks, utilizing unique recipes and high-quality ingredients. The company focuses on creating innovative and delicious products, offering a diverse selection to cater to various preferences. Their offerings are available through direct online sales.
Social
XFacebook
Email ID
*****@novanova.in
Phone Number
+91 **********
Registered Address
B-1104,11TH FLOOR, CELLO TRIUMPH I B PATEL ROAD, GOREGAON (EAST), Mumbai City, MUMBAI, Maharashtra, India, 400063
Key Metrics
Founded Year
2021
Location
Mumbai, India
Stage
Seed
Total Funding
$3.78M in 7 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Sep 08, 2025
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
23 as on Sep 30, 2026
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Nova Nova's funding and investors

Nova Nova has raised a total funding of $3.78M over 7 rounds. Its first funding round was on Jul 31, 2021. Its latest funding round was a Seed round on Oct 31, 2025 for $*****. 3 investors participated in its latest round. Nova Nova has 20 institutional investors and 20 angel investors.

Here is the list of recent funding rounds of Nova Nova:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 31, 2025
8398607
Seed
9011134
9714599
2582573
5907421
Oct 01, 2024
7063593
Seed
5822591
7383853
1071297
Mar 21, 2024
8526993
Venture Debt
5455893
6429906
5469618
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Nova Nova's founders and board of directors

Founder? Claim Profile
The founders of Nova Nova are Harsh Vinodkumar Gadia and Nidhi Harsh Gadia.
Here are the details of Nova Nova's key team members:

Nova Nova's Board of Directors

Nova Nova's board has 3 active members. Harsh Vinodkumar Gadia and Nidhi Harsh Gadia are part of team and Vivek Vinodkumar Gadia is independent board member.
Here is the list of Nova Nova's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
5y 9m
Team
-
Current
3y 8m
Independent board member
-
Current
11y 9m

Nova Nova's employee count trend

Nova Nova has 23 employees as of Sep 26. Here is Nova Nova's employee count trend over the years:
Employee count trend for Nova Nova
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Nova Nova's Competitors and alternates

Top competitors of Nova Nova include Open Secret, Meal of the Moment and Troovy. Here is the list of Top 10 competitors of Nova Nova, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Open Secret
Open Secret
2019, Mumbai (India), Series C
Internet first brand of healthy snacks and food products
$17.5M
72/100
2nd
Logo for Meal of the Moment
Meal of the Moment
2017, Mumbai (India), Series A
Brand of ready-to-eat Indian snacks and meals
$6M
70/100
3rd
Logo for Troovy
Troovy
2021, Gurugram (India), Series A
Manufacturer of clean-label snacks and food products for children
$7.8M
68/100
4th
Logo for Let's Try
Let's Try
2021, Delhi (India), Seed
Manufacturer of packaged snacks excluding palm oil and white sugar
$5.52M
63/100
5th
Logo for GoDesi
GoDesi
2018, Bengaluru (India), Series B
Internet first brand of desi snacks and sweets
$17.6M
63/100
6th
Logo for Eat Better
Eat Better
2020, Jaipur (India), Seed
Internet first brand offering multi category healthy products
$4.88M
61/100
7th
Logo for Nova Nova
Nova Nova
2021, Mumbai (India), Seed
Manufacturer of waffle-based confectionery and snack products
$3.78M
59/100
8th
Logo for True Elements
True Elements
2010, Pune (India), Acquired
Online retailer of breakfast foods, snacks, seeds, and dryfruits
$3.38M
57/100
9th
Logo for WellBe
WellBe
2020, Bengaluru (India), Unfunded
Manufacturer of traditional snacks and food staples
-
-
56/100
10th
Logo for Gladful
Gladful
2021, Jaipur (India), Seed
D2C brand specializing in high-protein, clean-label breakfast mixes and snacks for families
$2.34M
53/100
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Financials of Nova NovaFY 25 Available

BRIO HOSPITALITY PRIVATE LIMITED, the legal entity associated with Nova Nova, generated between ₹10 Cr and ₹50 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of BRIO HOSPITALITY PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 48% in the last 1 year.

Financial Statement Summary

Metrics
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
Income Statement
Revenue
1649
4649
5706
4929
6173
Total Sales
6301
8525
5827
8842
1555
Total Expenses
8425
4092
7420
5515
3821
Operating Expenses
9671
5541
7541
5765
3669
Employee Expenses
1872
3878
4487
4336
8439
Operating Income (EBIT)
8646
8413
1413
7985
7494
Interest Expenses
3811
9126
7364
5528
1723
Expenses from other activities
4959
1451
4310
9932
1689
EBITDA
9428
3038
1854
5088
7133
Taxes
4529
2348
2620
5585
7687
Net Profit
6539
9704
7239
6127
8895
Balance Sheet
Assets
8401
5117
5783
3603
8545
Accounts Receivables
2419
4378
1814
1976
8421
Inventory
5634
8039
8831
3031
6670
Liabilities
4052
9979
1147
4324
5737
Total Debt
9316
1275
4675
1441
5805
Accounts Payable
7776
6534
2786
7642
8433
Equities
7581
9937
5854
3471
1615

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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$10.99$2.53(excl. taxes)
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What documents will you get?
  • Financial Summary & Charts
  • Detailed Income Statement, Balance Sheet, Cashflow Statement
  • Profitability Ratios, Liquidity Ratios, Growth Rates

Nova Nova's Latest cap tables and shareholding

Founders own 38.13%, Funds (largest shareholder) own 47.32%, Enterprises own 2.75% and Angels own 4.12%. The net worth of Nova Nova's founders is INR 29.5Cr as of Sep 08, 2025. The cap table displayed below is for BRIO HOSPITALITY PRIVATE LIMITED which is the legal entity associated with Nova Nova.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
38.13%
29.5Cr
9291823
5549737
2045073
1493662
4246651
1222293
9429370
8374868
9071054
2604299
4014467
8872846
9730422
1530450
4297762
6704804
Fund
47.32%
36.7Cr
4168394
9933703
5023570
9531262
7949053
8622314
8858299
3673956
4520026
6579944
6197591
6427299
6176814
7041318
2206326
3456008
69270
99666
32110
50492
85809
33209
6858
7375
9671
4395
1117
2686
0
0
0
0
0
0
Enterprise
2.75%
2.13Cr
92
45
46
13
Angel
4.12%
3.2Cr
4002
3444
2305
8716
0
0
0
0
0
0
ESOP Pool
7.68%
5.95Cr
3955389
6414654
6587528
1982649
Total
100.00%
77.5Cr
1427448
4040710
9137198
3021311
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Nova Nova's Investments and acquisitions

Nova Nova has made no investments or acquisitions yet.

Reports related to Nova Nova

Here is the latest report on Nova Nova's sector:

News related to Nova Nova

Media has covered Nova Nova for 1 event in last 1 year.
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FAQs about Nova Nova

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