2019
Mumbai (India)
Seed
NOTO is a pioneering Indian brand specializing in healthy, low-calorie ice creams and desserts, redefining indulgence for health-conscious consumers. The company operates within the consumer goods and ecommerce sectors, focusing on guilt-free, flavorful desserts that allow customers to enjoy treats without compromising on health.
Ice Creams: Low-calorie, high-protein ice creams with zero added sugar, available in 10 flavors.
Popsicles: Made from water and fruit, available in six flavors.
Mithai: Initially offered sugar-free Indian sweets, though this line is being reevaluated due to pricing challenges.
Mini Bites: Ice cream coated with dark chocolate, 30 calories per bite, zero added sugar.
Vegan Frozen Desserts: Dairy-free, zero added sugar, available in five flavors.
NOTO’s business model is centered on direct-to-consumer (D2C) sales, leveraging both ecommerce and quick-commerce platforms to reach its target audience efficiently. Revenue streams are primarily driven by:
Direct Sales: Through its own website and third-party delivery apps, NOTO sells ice creams and desserts directly to consumers, ensuring strong brand control and customer engagement.
Marketplace Partnerships: Collaborations with food-tech and quick-commerce platforms (Swiggy, Zomato, Zepto, Blinkit, Instamart, Flipkart) expand reach and drive incremental sales.
Retail Expansion: Entry into Tier I and Tier II cities, with a focus on increasing physical and digital touchpoints.
B2C Focus: The primary customer base is urban, health-conscious consumers seeking indulgence without compromise, including millennials and Gen Z in metropolitan areas.
Emerging Segments: Expansion into Tier II cities and growing appeal among vegan and lactose-intolerant demographics.
Product Innovation: Continued investment in R&D to launch innovative flavors and health-focused dessert formats.
Brand Building: Strategic marketing on digital platforms and experiential campaigns to boost brand awareness.
Platform Diversification: Strengthening presence across multiple delivery and retail platforms to maximize accessibility.
Compared to traditional and new-age ice cream brands, NOTO stands out through:
Health-First Positioning: Unlike legacy brands focused on indulgence, NOTO leads with a “guilt-free” promise, addressing the growing demand for healthier alternatives.
D2C & Quick-Commerce Integration: Rapid delivery and direct customer relationships enable faster feedback loops and product iteration.
Recognition & Innovation: Consistent industry accolades and influencer backing reinforce its reputation as a category innovator.
NOTO’s robust D2C business model, relentless product innovation, and health-centric positioning have established it as a market leader in India’s evolving dessert landscape. Its multi-channel sales strategy, rapid market expansion, and industry recognition make it a compelling case for investors and industry watchers seeking insight into the future of consumer food brands in India.
$9.09 Million
8
$2.4 Million, Pre-Series A
as of April 14, 2025
$9.38 Million
as of December 12, 2024
1.03
as of December 12, 2024
Venture Catalysts
and 7 more46
Bevzilla
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Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
April 14, 2025 | Pre-Series A | $2.4 Million | - | - | - | Inflection Point Ventures, JITO Incubation & Innovation Foundation, Signal Ventures |
February 20, 2025 | Seed | $1.7Million | - | - | - | Inflection Point Ventures, JITO Incubation & Innovation Foundation , LetsVenture |
October 22, 2024 | Seed | $1.7Million | $9.4Million | - | - | First Port Capital, White Whale Partners, Anthill Ventures, Real Time Accelerator Fund, Blazing Trail Holdings, Inflection Point Ventures,LetsVenture, Angel List, Rajdhani, Mahati Electrics |
March 1, 2023 | Seed | $2.0Million | $7.0Million | $2.1Million | - | White Whale Partners, Rainmatter, Venture Catalysts, TSM Ventures, Trifecta Capital, Z Nation Lab, Please See Advisory, Anshul Specialty Molecules, Zerodha |
April 27, 2022 | Seed | $392.0K | $4.0Million | $940.0K | - | Venture Catalysts, Rockstud Capital, Amgele Family , Anshul Specialty Molecules |
May 26, 2021 | Seed | $649.0K | $2.6Million | $320.0K | - | Rockstud Capital, WEH Ventures, Titan Capital, Amgele Family, Anshul Specialty Molecules |
December 6, 2019 | Seed | $168.0K | $1.0Million | $90.9K | - | WEH Ventures, Lead Angels , Anshul Specialty Molecules |