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Nuuk

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Nuuk revenue, valuation and funding

Nuuk reported revenue of ₹16 crore in FY25 (the year to March 2025), against ₹0.318 crore (Rs 31.8 lakh) in FY24, with a net loss of ₹0.39 crore (net loss), per filings and statements as reported.

Nuuk revenue, valuation and funding
Revenue (FY25)₹16 crore
Revenue (FY24)₹0.318 crore (Rs 31.8 lakh)
Net loss (FY25)₹0.39 crore (net loss)
Net loss (FY24)₹0.07 crore (net loss)

Figures from filings and statements as reported; the table below carries each year with its source.

Nuuk key facts

₹16 croreRevenueFY25 Profile

Nuuk revenue and profit by year

Nuuk revenue and profit by financial year, ₹ crore, from filings and statements as reported
YearRevenueProfit or lossExpensesNoteSource
FY25₹16 crore₹0.39 crore loss (net loss)₹16.4 croreoperating revenue Inc42
FY24₹0.318 crore (₹31.8 lakh)₹0.07 crore loss (net loss)₹0.388 crore (₹38.8 lakh)operating revenue Inc42

As reported for each financial year; where sources disagree the figure is left out rather than picked.

Timeline

  • 2026
  • Jan 2026 First full-year results: ₹16 crore revenue in FY25 Inc42
  • Nov 2026 Reported set to raise ₹100 crore from Wipro Consumer Care Ventures and RPSG Inc42

The short version

  • Nuuk makes modern home appliances such as heaters and air fryers for Indian homes. Inc42
  • Gazal Kalra and Shalabh Gupta are its co-founders. Inc42
  • FY25 operating revenue was ₹16 crore, against ₹31.8 lakh in FY24, with a net loss of ₹39 lakh. Inc42
  • In November 2026 it was reported to be set to raise about ₹100 crore from Wipro Consumer Care Ventures and RPSG at a valuation near ₹500 crore. Inc42
  • Nuuk is based in Gurugram and was founded in 2023. Inc42
  • FY25 expenses were ₹16.4 crore, mostly the cost of stock it bought for resale (₹12.68 crore). Inc42

Products

  • Home appliances: Heaters, air fryers and other small appliances sold to Indian households. Inc42

People

  • Gazal Kalra: Co-founder Inc42
  • Shalabh Gupta: Co-founder Inc42

Questions people ask about Nuuk

What is Nuuk's revenue?

Nuuk reported operating revenue of ₹16 crore for FY25, up from ₹31.8 lakh in FY24. Expenses were ₹16.4 crore and the net loss was ₹39 lakh. These were its first full-year results, reported in January 2026. Inc42

What is Nuuk's valuation?

Nuuk was reported in November 2026 to be set to raise about ₹100 crore from Wipro Consumer Care Ventures and RPSG at a valuation near ₹500 crore. The round had not been confirmed by the company in the report we read. Inc42

What is Nuuk's turnover?

Nuuk's turnover, or operating revenue, was ₹16 crore in FY25, compared with ₹31.8 lakh in FY24. It makes home appliances such as heaters and air fryers, and is based in Gurugram. Inc42

Every line links to the article it came from, written in our own words. Not investment advice. Profile updated 2026-11-08.

Stories cover its funding and results news. Sectors: Commerce & Consumer Brands. Based in Gurugram. Stories run from 8 January 2026 to 3 November 2026.

The founders

Gazal Kalra

Co-founder

Shalabh Gupta

Co-founder

Who put in money

RPSGWipro Consumer Care VenturesOTP Ventures

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