We source, market, store and distribute high quality gourmet and artisanal food products from brands across the nation to top tier HoReCa establishments in the upscale and luxury dining niche.
Startup Description
Launched to market in 2023, Nuvo Mart is a passion-driven start-up in the HoReCa segment with the goal of elevating the quality and variety of high-quality food products available in the market.
We source products from top brand across the nation, and help them with market access and distribution, which is a key pain point for most food brands
For customers, we guarantee quality and sourcing by procuring and supplying high quality food products to meet their culinary requirements. Additionally we simplify their procurement process through a complementary basket of goods and dynamic MOQs.
Today, we serve 45+ B2B clients in the Goan market.
Product Screenshots
Business Model
We work with a distribution model, taking a margin on the resale of products we supply. Our gross margin hovers around 20%, and net margin around 10%.
Customers
based in
India, Southeast Asia, Middle East & North Africa
Business
Modal Type
Marketplace
Type of
Sales
B2B
Competitors
TJUK, Stalks n Spices, Vedant Food Solutions, Food Service India
Teams
Karan Shankar
Managing Director
Aditya Deshprabhu
Director
Tell us a bit about how founding team knows
each other.
We are cousins so known each other our entire lives!
Why did you decide to start this
company?
Because I love food! With my previous experience in B2B, I identified several market gaps that needed to be addressed in the F&B distribution landscape, and hence started Nuvo Mart.
Are all the founders full-time on this
project?
No
Looking for an
opportunity to invest in companies
like Nuvo Mart?
