India, Jan. 8 -- Home appliances D2C startup Nuuk saw its operating revenue zoom multifold to INR 16 Cr in the fiscal year 2024-25 (FY25) from INR 31.8 Lakh reported in the previous year, as per the company's MCA filings.
During the period under review, the startup's net loss jumped about 6X during the same period to INR 39 Lakh from INR 7 Lakh in FY24, due to a surge in expenses. Important to note that this was the first full year of operations for Nuuk.
Founded in 2023 by Gazal Kalra and Shalabh Gupta, the Gurugram-based D2C startup manufactures home appliances that are built with a minimal and modern design sense.
Its product portfolio includes home appliances like heaters, fans and steam irons, along with kitchen appliances like ai...
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