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Discover the intriguing Nuutjob company profile overview and unveil essential details about this dynamic company, including their operations, net worth, revenue, turnover, investors, and funding. Join us for an inside look at what drives Nuutjob’s success.
In this blog, our primary focus will be on these topics that define the financial growth of the company:
- Net Worth
- Funding
- Revenue
- Investors
- Founder Net Worth
- Turn Over
- Valuation and
- Shark Tank Complete Detail
But along with that, I will provide details on other financial topics that are equally important in determining or predicting the company’s growth. Let’s start with them one by one.
Before moving on to the financial parameters that determine the company’s growth, let’s first have a brief discussion about the company and the founders behind its creation.
Nuutjob India: Introduction to the Startup
Table of Contents
- 1 Nuutjob India: Introduction to the Startup
- 2 Which legal entities is Nuutjob associated with?
- 3 Nuutjob founder-Ananya Maloo & Anushree Maloo
- 4 Nuutjob company Net worth:
- 5 Nuutjob Investors:
- 6 Nuutjob funding:
- 7 Nuutjob Revenue:
- 8 Nuutjob Competitors:
- 9 Nuutjob company Valuation:
- 10 Nuutjob founder Net Worth:
- 11 Nuutjob Turnover:
- 12 Nuutjob Sales:
- 13 Nuutjob:Shark Tank-India-Season 1
- 14 FAQ question:In Nuutjob Company Profile Overview:
Nuutjob India, founded in 2020, set out with a vision to provide intimate area products for men. In the Indian market, while numerous companies cater to women’s intimate care needs, Nuutjob noticed a gap and aims to bridge it by offering specialized products for men.
The headquarters of the company are located in Ahmedabad, India. As for the company’s stage, it is currently in the seed stage.
What things Nuutjob company do in India?
Nuutjob is an Indian startup company whose headquarters is located in Ahmedabad, India, offers top-notch hygiene solutions for men’s intimate wash and care products in the country. There products are carefully crafted and rigorously tested to ensure the best care for men’s intimate needs.
Which legal entities is Nuutjob associated with?
As of 2024, Nuutjob is associated with two legal entities, which are listed below:
- NUUTJOB LIMITED, which was incorporated in Dec 15, 2021.
- MANSCAPE WELLNESS PRIVATE LIMITED, which was Incorporated on same day on Dec 15,2021.
Now that we have completed the introduction of the company “Nuutjob,” let’s move on to our next topic in the Nuutjob company profile overview, where we will discuss the founders of the company.
Nuutjob founder-Ananya Maloo & Anushree Maloo
You might be surprised to learn that the driving force behind the men’s intimate hygiene care company “Nuutjob” is actually a team of visionary women.
Ananya Maloo,is the founder and Anushree Maloo is the Co-founder of Nuutjob has infused her expertise and passion into every aspect of the business.
With her unwavering dedication to the product and the company, they both have make the company reached remarkable heights.
Nuutjob founder age:
The exact birthdate of the founder is unknown, but based on their LinkedIn profile, the founder is estimated to be in their late twenties, roughly between 26-30 years old.
If you’re curious about the founder’s background in education and their journey before founding Nuutjob company, I recommend to have a visiting to their LinkedIn profile of Ananya Maloo and Anushree Maloo.
Where you’ll find valuable insights into their educational background, professional experience, and the path that led them to establish Nuutjob.
Now, let’s move on to the next section in the “Nuutjob Company Profile overview.” In this part, we will take our first step into the financial profile of Nuutjob, starting with a discussion about the company’s net worth.
Nuutjob company Net worth:
The net worth of Nuutjob, as per the recent update published in March 2024 following the end of the financial year 2023, has not been officially disclosed. However, based on information from news sources, Nuutjob’s net worth is estimated to be around Rs 2-4 Crore, which is roughly equivalent to $240,000-$481k USD.
Nuutjob had a rough start from 2020 to 2021, with a total net worth of Rs 10-15 Lakh. However, things turned around after their appearance on Shark Tank on Jan 20, 2022. This boosted their momentum, and by 2024, their total worth soared to Rs 1-2 Crore.
Having said that the Net Worth of the any company depends on various factors some of the factors are:-
- Nuutjob investors in India
- Total funding received by Nuutjob
- Total revenue Nuutjob company has earn
- Competitors of Nuutjob complete list
- Valuation of Nuutjob company
- Nuutjob founder net worth
- Nuutjob turnover
Let’s dive deeper into the “Nuutjob Company Profile overview” and explore the essential financial aspects that shape its net worth and other financial factors.So,Let’s go and discuss them one by one.
Nuutjob Investors:
Investors play a crucial role in shaping a company’s growth, significantly impacting key financial parameters. Among them, three parameters are particularly sensitive to investor influence: net worth, funding, and revenue.
Currently, Peyush Bansal, Aman Gupta, and Namita Thapar are the initial investors of Nuutjob. These three investors, known as “sharks,” have collectively invested approximately Rs 25 Lakhs for a 20% equity stake in the company.
Now that we’ve introduced the key investors driving the growth and funding of the company, let’s delve into the next part of the blog in Nuutjob company profile overview where we will discuss the total funding that Nuutjob has raised up to date.
Nuutjob funding:
Funding indeed plays a crucial role in a company’s success or failure, as it’s crucial for growth and sustainability in the market. A low fund means fewer chances for a company to sustain itself. Let’s explore how much funding Nuutjob company has raised up until now.
Up to now, the company has raised a total funding of $33.5K, roughly equivalent to Rs 20 Lakhs, and has conducted only one round of funding.
The last round of funding was an angel round where three sharks has participated the name are provided in the table below:
| Date of Funding | Funding Amount | Round Name | Investors |
|---|---|---|---|
| Feb 20, 2022 | $33.5K | Angel | Peyush Bansal, Aman Gupta, and Namita Thapar |
How much funding has Nuutjob raised till date?
In its latest funding round Nuutjob has raised $33.5K , which was Angel round held on Feb 20, 2022.
How much funding round has Nuutjob conducted till date?
Nuutjob has raised a total funding of $33.5K for which the company has conducted 1 Angel round.
Moving on to the next segment of the “Nuutjob Company Profile overview”, let’s dive into the revenue generated by the company. Let’s explore how Nuutjob has been performing financially.
Nuutjob Revenue:
The current revenue rate is not known to us but based on the data received from Economic times as of financial year 2023-2024 the company was able to generate a revenue of Rs 5 Lakh to Rs 10 Lakh a month which is roughly equal to Rs 60 Lakhs to Rs 1.2 Crore a year.
Before appearing on Shark Tank Season 2 on January 20, 2022, Nuutjob had only conducted a proof of concept, selling 500 units. During this period, they generated a revenue of approximately Rs 5 Lakhs, as per the data received in the Shark Tank episode.
Now, let’s move on to the next topic in the “Nuutjob Company Profile overview,” where we will discuss the competitors of Nuutjob and their net worth.
Nuutjob Competitors:
Competitors play a vital role in determining the growth and market of the company and it also effects the financial of the company like net worth, valuation ,revenue and other parameters like sales of a company.
Top 6 competitors of Nuutjob list in Nuutjob company Profile
- Svish
- Skin Elements
- Beeta Tissues
- Embuer
- Amocare
- Shail
Top 6 competitors of Nuutjob description with Net Worth:
Among its competitors, Svish and Skin Elements have captured the largest market share in the intimate area product industry both in India and globally in a remarkably short time. Their rapid expansion and dominance set a high benchmark in the sector.
Now, moving further into the discussion in the “NuutjobCompany Profile,” let’s delve into a brief overview of the top three competitors of Nuutjob.
Svish:
Svish is a Indian company that started in the year 2020 its head quarter is mainly located in Gurgaon , India and they have a total net worth of $ 1.65 Million.
Skin Elements:
Skin Elements is a Indian company that started in the year 2015 its head quarter is mainly located in Parwanoo , India and they have a total net worth of $ 102K in USD.
Beeta Tissues:
Beeta Tissues is a Indian company that started in the year 1992 its head quarter is mainly located in Delhi , India and they have a total net worth of the company is not disclosed till now.
Embuer:
Embuer is a Indian company that started in the year 2011 its head quarter is mainly located in Delhi, India and they have a total net worth of the company is not disclosed till now.
Amocare:
Amocare is a Indian company that started in the year 2023 its head quarter is mainly located in Gurgaon , India and they have a total net worth of the company is not disclosed till now.
Shail:
Shail is a Indian company that started in the year 2017 its head quarter is mainly located in Hamirpur , India and they have a total net worth of the company is not disclosed till now
Transitioning to the next critical aspect of the “Nuutjob Company Profile overview,” let’s explore the valuation of Nuutjob. Valuation is a key factor in forecasting the market value of the company and understanding its financial standing.
Nuutjob company Valuation:
Absolutely, the valuation of a company is indeed crucial in determining its net worth and other financial parameters. It serves as a key indicator in predicting the market value of a company.
For the year 2021 to 2022, the company valuation stood at Rs 1.4 Crore pre-money and Rs 1.6 Crore post-money. However, by the financial year 2023-2024, the company’s valuation had doubled from Rs 1.6 Crore in 2022 to Rs 3 Crore.
Now that we have completed the valuation section in the “Nuutjob Company Profile Overview” blog, let’s take a look at the founder’s net worth.
Nuutjob founder Net Worth:
Based on the recent news published in this year 2024 the net worth of the founder of Nuutjob is estimated to be between Rs 2-4 Crore which is same as the net worth of the company and is definitely going to increase by the end of financial year 2024-2025 the founder of the company is expected to have a Net Worth of $ 500K to $ 600K USD.
Let’s now dive into the next segment of the “Nuutjob Company Profile overview,” where our spotlight will be on Turnover—a crucial metric that plays a pivotal role in assessing the true worth and market value of our company.
Nuutjob Turnover:
As of May 2024,Nuutjob has proudly achieved a turnover in between Rs 60 Lakhs to Rs 1.2 Crore a year. In the financial year 2023-2024, the company generated revenue between Rs 60-70 Lakhs. With ambitious growth plans, Nuutjob is poised to double its revenue as well as its turnover by the end of the 2024-2025 financial year.
Now moving on to the next part in “Nuutjob Company Profile overview”where we will talk about the last financial factor that effect the other financial factor
Nuutjob Sales:
The current revenue rate for Nuutjob is not precisely known, but based on data from Economic Times for the financial year 2023-2024, the company was able to generate a monthly Sales of Rs 5 Lakh to Rs 10 Lakh. This equates to an annual sales revenue of approximately Rs 60 Lakhs to Rs 1.2 Crore.
Before we wrap up this blog post on the “Nuutjob Company Profile overview” let’s dive into the exciting journey and key events that unfolded during their appearance on Shark Tank. I’ve detailed all the pivotal moments and how the company successfully secured its funding. So, let’s get started.
Nuutjob:Shark Tank-India-Season 1
Nuutjob made an exciting appearance on Shark Tank Season 1, which began this January in 2022. During their pitch, they showcased their product and services to the sharks.
All sharks were interested in the deal and later on, as the show progressed, Ashneer Grover, Aman Gupta, Anupam Mittal, Peyush Bansal, and Namita Thapar, gave the deal to Nuutjob.
Offers on Nuutjob shark tank India:
The Nuutjob company received three offers on the show Shark Tank India. These three offers were given by Ashneer Grover, Aman Gupta, Anupam Mittal, Peyush Bansal, and Namita Thapar.
- First Offer:was a solo offer given by Ashneer Grover.
- Second Offer: was a combined offer given by Ashneer Grover and Anupam Mittal where they were willing to invest Rs 25 Lakhs for 25% equity.
- Third offer:was also a combined offer given by Aman Gupta,Peyush Bansal, and Namita Thapar, where they were willing to invest Rs 25 Lakhs for 25% equity.
Here is the table representing different offers received by Nuutjob in Shark Tank:
| Offer Number | Sharks Involved | Details |
|---|---|---|
| First Offer | Ashneer Grover | Rs 25 Lakhs for 25% equity. |
| Second Offer | Ashneer Grover, Anupam Mittal | Rs 25 Lakhs for 25% equity. |
| Third Offer | Aman Gupta, Peyush Bansal, Namita Thapar | Rs 25 Lakhs for 25% equity. |
Deal that Nuutjob has selected:
Nuutjob selected the third offer, which was a combined deal given by Aman Gupta, Peyush Bansal, and Namita Thapar. The offer was for Rs 25 Lakhs for 25% equity, with each shark receiving 8.33% equity share of the company.
FAQ question:In Nuutjob Company Profile Overview:
What sectors and market segments does Nuutjob operate in?
Nuutjob is currently operating in B2B and B2C business model .
Who are the CEO, Founders and Directors of Nuutjob?
Ananya and Anushree Maloo, co-founders, each helm one company and sit on the board of another. Their joint email streamlines their dynamic collaboration.
Where is Nuutjob located?
Nuutjob headquarter is mainly located in Ahmedabad, India.
When was Nuutjob founded?
Nuutjob, founded in 2020, officially launched into action in 2021, marking the beginning of its journey in the business landscape.
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