Nua raises $50M Series C to scale women’s wellness platform

Mumbai-based Nua has raised a $50 million Series C led by Peak XV and Filter Capital. The brand plans to invest in marketing, distribution and R&D, aiming to grow annualised revenue from Rs 100 crore to ₹500 crore within 24 months while remaining profitable.

— Source publishedMon, 7 Sept, 2026, 11:18 IST·First seen Mon, 7 Sept, 2026, 11:23 IST·Source YourStory · Capital

What happened

Mumbai-based women’s wellness brand Nua raised $50 million in a Series C led by Peak XV and Filter Capital. It will invest in brand building, distribution

Key facts

  • $50 million
  • 2017
  • over 3 million women and girls served monthly
  • Rs 100 crore annualised revenue run rate
  • ₹500 crore target annualised revenue run rate
  • 24 months

Why this matters

Nua’s expanded capital base and women’s wellness focus make it a more credible partner or strategic target for consumer-health, beauty and retail groups seeking category access in India.

What to watch

  • Quarterly evidence of revenue run-rate progress from roughly ₹100 crore toward the ₹500 crore annualised target.
  • Marketing spend as a share of sales, repeat purchase rates and contribution-margin disclosures.
  • New SKU launches and the share of revenue from categories beyond period-care products.
  • Expansion into quick commerce, pharmacy, modern trade and general-trade doors.
  • Pricing and promotion responses from incumbent FMCG brands and funded women's-health D2C peers.
  • Any change in the company's stated profitability status as expansion spending rises.
  • Increase brand spending around menstrual care, intimate hygiene and adjacent wellness categories.
  • Expand general trade, modern trade and quick-commerce availability beyond core urban digital customers.
  • Use R&D to launch higher-AOV, repeatable products that raise basket size and retention.
  • Build supply-chain capacity and inventory systems for a substantially larger offline footprint.
  • Pursue selective hiring in category management, retail sales, data/CRM and product development.