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Nova Benefits

Health Tech & Medtech · Bengaluru, India · Founded 2020

Building India's most loved employee wellness platform and providing healthcare solutions to employees and their family MoreLess

Nova Benefits is a startup specializing in providing comprehensive health insurance and wellness plans tailored for businesses of all sizes. The company operates in the employee benefits market, focusing on enhancing employee well-being and satisfaction through a variety of health-related services. Nova Benefits serves a diverse range of clients, from small startups to large corporations, ensuring that each client receives personalized and efficient service.

The business model of Nova Benefits revolves around offering a suite of health insurance plans and wellness programs. These include unlimited teleconsultations, gym memberships, annual health check-ups, and customized engagement sessions. By providing these services, Nova Benefits helps companies attract and retain top talent, improve employee relations, and streamline HR operations.

Nova Benefits makes money by partnering with insurance providers to offer tailored health plans to businesses. They earn revenue through commissions from these insurance providers and fees for their wellness services. The company stands out in the market due to its exceptional customer service, quick and efficient claims processing, and a strong commitment to individual well-being. Testimonials from clients highlight the company's dedication, empathy, and seamless service, which have become essential in their employee care approach.

In summary, Nova Benefits is a key player in the employee benefits market, offering a range of health insurance and wellness services that help businesses enhance employee satisfaction and streamline HR processes.

Keywords: health insurance, wellness programs, employee benefits, teleconsultations, gym memberships, health check-ups, claims processing, customer service, HR operations, employee well-being.

Company overview

Nova Benefits company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2020
Headquarters
Bengaluru, India
Employees
117
Open positions
7
Dealroom signal
76.7
client focusb2bsub industryHealth Platformsub industryInsurancebusiness modelSaaSindustryHealthindustryFintechsectorHealth InsurancesectorLandH InsurancesectorCommercial InsurancesectorHard Tech

Valuation & funding

Nova Benefits funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCEquity / VC May 2022 $0 SHL Capital
EARLY VCEquity / VC Feb 2022 $0 Quant Fund
SERIES AEquity / VC Sep 2021 $10M $40M Titan Capital · Better Capital · Susquehanna International Group · Multiply Ventures
SEEDEquity / VC Apr 2021 $1M $4M ASHISH GOYAL · Multiply Ventures · Sumit Maniyar · Titan Capital
Showing 4 recorded eventsUnlock the complete deal history →

Financials

Revenue and workforce over time

Available revenue and workforce history. Fields without reported data are omitted.

YearRevenueGrowthEmployees
2026 $1.8M 0% 117
2025 $1.8M 0% 102
2024 $1.8M 159
2023 142
2022 171
2021 119
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Nova Benefits website traffic

Latest recorded traffic for Nova Benefits is 21K monthly website visits, up 0% over the last three months. Nova Benefits's team grew 14.7% over the past year.

Latest monthly visits21K 3-month web change0% 1-year team growth+14.7%
Monthly website visits63 observations · Dec 2020–Jul 2026
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Comparisons

Nova Benefits compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Nova Benefits's talent

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Team profiled 14 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

11 investors on Nova Benefits's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 5 investors entered at this stage
ASHISH GOYAL
Multiply Ventures
Sumit Maniyar
Titan Capital
Better Capital
Series A 4 investors entered at this stage
Susquehanna International Group
Bessemer Venture Partners
Quant Fund
SHL Capital
Other known 2 additional known investors

Global footprint

Where Nova Benefits has talent and traffic

Workforce by country
3 countries with
team presence
🇮🇳 India97.6%
🇺🇸 United States1.2%
🇦🇪 United Arab Emirates1.2%
3 countries shown

In the news

Latest news about Nova Benefits

Recent press, funding announcements, and product moves mentioning Nova Benefits — open to read from the original sources.

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Market sentiment

What the market is saying about Nova Benefits

An AI-synthesized read of the highest-engagement posts about Nova Benefits on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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