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NOVABENEFITS PRIVATE LIMITED

Nova Benefits

U74999KA2020PTC139731

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Jan 17, 2025
Key Metrics
  • No. of Employees162
  • Founded Year 2020
  • Company StagePrivate Limited Company
  • Total Funding₹82.39 Cr
  • Industry

    ,

  • Headquarter
  • Company StatusActive
About Nova Benefits

Nova Benefits is the one stop tech platform for providing the best health and wellness benefits to the employees. They find the best deals for your company and make sure employees can access them easily on their tech-first platform.

Their vision is to build India's most loved employee wellness platform providing personalised health and wellness benefits to employees and their family members

Business Model

Nova helps enterprises improve employee wellness through health insurance, daily fitness and mental health counseling and wellness. For employees, it provides access to wellness benefits on a single platform and handholds them in increasing coverage of insurance.

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Nova Benefits Funding Details
Funding Highlights
Latest Funding RoundConverttible Debt
Total Funding Raised₹82.39 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors3
Investors
  • SIG, Multiply Ventures, Bessemer Venture Partners
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Nova Benefits Financial Details
Financial Highlights
FY 2023-24 Revenue₹6.93 Cr
FY 2023-24 Expenses₹23.65 Cr
FY 2023-24 Profit/Loss-₹16.72 Cr
Net Cash Flow From Operations-₹1.57 Lakh
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Nova Benefits Key People
People Metrics
Current Core Team2
Board Members/Directors3

Core Team

SG
Saransh GargCo-Founder & CEO
YG
Yash GuptaCo-Founder & CTO

Board Members/Directors

SG
Saransh GargDirector
YG
Yash GuptaDirector
BB
Bhavanipratapsinh Bharatsinhji RanaNominee Director
Nova Benefits Documents

AY - 2020-21

Profit and Loss statement - Nova Benefits - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Nova Benefits for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Nova Benefits - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Nova Benefits for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Nova Benefits - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Nova Benefits for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Nova Benefits - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Nova Benefits for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and Loss statement - Nova Benefits - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Nova Benefits for FY 2022-23.
₹249.00 ₹498.00
Balance Sheet - Nova Benefits - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Nova Benefits for FY 2022-23.
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - Nova Benefits - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Nova Benefits for FY 2023-24
₹249.00 ₹498.00
Balance sheet - Nova Benefits - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of Nova Benefits for FY 2023-24
₹249.00 ₹498.00

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