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Bengaluru-based F&B startup Nuvie raises $450,000 in a pre-Seed funding round
- Bengaluru-based F&B startup Nuvie raises $450,000 in a pre-Seed funding round.
- Investment led by startup accelerator PedalStart and prominent investors like Mukesh Bansal.
- Nuvie founded in May 2024 by Prashant Paliwal and Hem Narayan.
- Focus on health-conscious indulgent products like protein shakes and more.
- Aims to close 2025 with an annualized revenue run rate of Rs 10 crore.
- Products include lactose-free protein shakes, protein coffee, and more.
- Products available across 100 premium retail stores and 200 gyms nationwide.
- Utilizing quick-commerce channels like Blinkit, Instamart, and BigBasket for expansion.
- Pre-seed capital to be used for new product development and brand-building.
- Nuvie aims to deepen consumer engagement and market penetration with the funding.
- Founders express enthusiasm about raising pre-seed round to enhance healthy eating innovations.
- Capital to help Nuvie focus on product innovation and market presence for future growth.
- Nuvie achieving more than Rs 10 lakh monthly revenue since launch.
- Nuvie's portfolio set to expand with additional shake variants and protein cold coffee.
- Nuvie's mission is to strike a balance between health and indulgence for consumers.
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