PE-VC Fund Investments
Chocolate brand Nova Nova raises funding from Enrission India Capital
Enrission India Capital has invested in Mumbai-based direct-to-consumer (D2C) chocolate brand Nova Nova as part of its pre-Series A funding round.Founded in 2014 by Harsh Gadia and Nidhi Gadia, Nova Nova sells bite-sized chocolate formats, catering to Gen Z consumers.The new funds will be used to scale Nova Nova's market presence, expand product innovation efforts, and position itself as an emerging chocolate brand with global appeal.
Between Jun 2022 and Sep 2024, Nova Nova had attracted about USD 2 M from Blume Ventures, She Capital, Whiteboard Capital, Z Nation Lab and others.For FY24, Nova Nova had reported about INR 8 Cr in Operating Income and about INR 5 Cr in Net Loss.
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