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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
Valuation & funding
Nova Benefits funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | May 2022 | $0 | — | SHL Capital | ↗ |
| EARLY VC✓Equity / VC | Feb 2022 | $0 | — | Quant Fund | ↗ |
| SERIES A✓Equity / VC | Sep 2021 | $10M | $40M | Titan Capital · Better Capital · Susquehanna International Group · Multiply Ventures | — |
| SEED✓Equity / VC | Apr 2021 | $1M | $4M | ASHISH GOYAL · Multiply Ventures · Sumit Maniyar · Titan Capital | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $1.8M | 0% | 117 |
| 2025 | $1.8M | 0% | 102 |
| 2024 | $1.8M | — | 159 |
| 2023 | — | — | 142 |
| 2022 | — | — | 171 |
| 2021 | — | — | 119 |
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.
Hiring
Open positions at Nova Benefits
Current openings linked to this company in Dealroom.
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.
Talent graph
Nova Benefits's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Nova Benefits has talent and traffic
team presence
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.
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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