Funding · Commerce & Consumer Brands

Nua in talks to raise $20-25M Series C

By Startup Enthusiast · 30 June 2026

What they do

Nua sells sanitary pads, intimate washes, and period nutrition drinks

It is in talks to raise $20-25M in Series C funding led by Peak XV Partners

The femtech market in India is expected to reach $5.5B by 2034

Nua is in talks to raise a Series C round of funding.
The target amount is $20M-$25M (₹189Cr-₹236Cr).
The round is expected to be led by Peak XV Partners.
Existing investors Mirabilis Investment Trust and Kae Capital are expected to participate.
Nua's largest shareholder is Lightbox with a 42.2% stake.
Cofounder Ravi Ramachandran holds a 22% stake.
The company previously raised a ₹35Cr (~$3.9M) pre-Series C round in February 2025.

The Indian femtech market is expected to grow at a 15.7% CAGR from 2026 to 2034, reaching $5.5B.
Competitor Pee Safe raised $32M from OrbiMed earlier in 2026.
Another competitor, Plush, raised ₹40Cr (~$4.6M) in Series B led by Rahul Garg in 2025.

Nua offers women's health and hygiene products including sanitary pads, cramp comfort, foaming intimate wash, and period nutrition drink mix.
It sells through its own website, ecommerce platforms like Amazon and Flipkart, and quick commerce platforms like Zepto.
The company claims to have over 15 Lakh customers.
Its website features a Period Tracker, Period Guide, Nua Wallet, and a Refer & Earn program.

Peak XV Partners (lead)
Mirabilis Investment Trust (participant) — Existing investor with a **6.3%** stake.
Kae Capital (participant) — Existing investor with a **7%** stake.
Lightbox (existing) — Largest shareholder with a **42.2%** stake.

Product: A women’s wellness product portfolio covering period care, maternity care, and everyday intimate wellness.
Customers: Women and girls buying personal wellness and hygiene products.
How it makes money: Sells consumer wellness products through online and omnichannel distribution.
What sets it apart: Positioned as a women’s wellness and femtech brand with a broad category mix.
Operations: Operates as an omnichannel brand expanding distribution and reach across India.