Funding · Commerce & Consumer Brands
Nuvie raises $450K for healthy protein drinks
By Startup Enthusiast ·
- Date
- Company
- Nuvie
- What it does
- Healthy ready-to-drink protein shakes
- Kind
- Funding
- Amount
- $450K
- Stage
- seed
- Founded
- 2024
What they do
Nuvie makes sugar-free protein shakes and cold coffee for busy Indians
What happened
The startup raised $450K to expand its product range and innovation
Why it matters
Founders aim for ₹12 Cr ARR by year-end 2026, focusing on taste and gut-friendly consistency
The details
- Nuvie has raised $450K in funding to support its growth plans.
- The startup launched in 2024 with a focus on healthy indulgence.
- Co-founders Prashant Paliwal and Hem Narayan previously led Cult.fit.
- They conducted research with over 500 customers before launching products.
- The company uses viral marketing tactics like plane aisle pitches.
- Funds will be used for product innovation and new variants.
- Nuvie targets busy Indians and gym-goers with convenient healthy options.
- The team aims to dominate the RTD protein shake category long-term.
The bigger picture
- The founders leverage their experience from Cult.fit to scale quickly.
- Customer research ensured the products met specific taste and health needs.
- Viral marketing helps acquire users without heavy traditional advertising costs.
About the business
- Nuvie sells sugar-free lactose-free protein shakes and bars.
- Key products include Proffee (protein cold coffee) and cold brews.
- The brand positions itself as feel-good good food for consumers.
- Distribution happens via Q Comm platforms like Blinkit and BigBasket.
- Sales also occur at gyms, sports centers, and offices near customers.
- The company focuses on gut-friendly ingredients and consistent taste.
- Early stage revenue reached ₹10L monthly shortly after launch.
- Flavor iteration and testing are central to their product development.
- Target audience includes GenZ and desk warriors seeking quick nutrition.
What happens next
- Launch more Proffee variants using the raised funds.
- Achieve an annual run rate of ₹12 Cr by year-end 2026.
- Continue innovating in the ready-to-drink protein space.
The deal
- Type
- funding
Founders
- Prashant Paliwal, co-founder
- Hem Narayan, co-founder
About Nuvie
- Product
- Health-conscious food and beverage products, including lactose-free protein shakes, chocolates, and protein coffee.
- Customers
- Consumers looking for healthier everyday food and drink options.
- How it makes money
- It sells packaged food and beverage products directly to consumers.
- What sets it apart
- Positions health products around taste and convenience, including what it says is India’s first protein cold coffee.
- Operations
- The company is expanding product variants, distribution, and brand-building activities.
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