Nua raises $50 mn led by Peak XV, Filter Capital

BengaluruWomen’s wellness brand Nua has raised $50 million led by Peak XV Partners and Filter Capital, the company said on Monday. Existing investors, Mirabilis Investment Trust and Footpath Ventures, also participated in the round.The transaction comprises primary capital infusion and secondary share sales, providing partial exits to Kae Capital, Lightbox VC and angel investors. Nua plans to use the funds for brand building, expanding distribution, and strengthening research and development.Founded in 2017, Nua sells period care, maternity care, skincare and intimate care products through online and offline channels. It also offers a period-tracking app and its SecretKeeper chat service.“We have scaled our annualised revenue run rate from Rs 100 crore to Rs 500 crore in just 24 months, while remaining profitable,” founder and CEO Ravi Ramachandran said.The company said it now serves more than 3 million women and girls each month.Get the latest Business News and Live updates. Download the TOI app.