Nuuk in Talks to Raise ₹100 Crore at a Proposed ₹500 Crore Valuation
Gurugram-based home and kitchen appliance brand Nuuk is reportedly in talks to raise approximately ₹100 crore in a funding round led by Wipro Consumer Care Ventures and RPSG Capital Ventures. The proposed transaction is expected to value the company at around ₹500 crore, although the terms have not been finalised. Founded in 2023 by Gazal Kalra and Shalabh Gupta, Nuuk develops design-focused appliances for Indian households.
Its product portfolio includes cordless vacuum cleaners, fans, heaters, air fryers, juicers, mixer grinders and garment-care appliances. The brand sells through its own website, ecommerce marketplaces, quick-commerce platforms and offline retail channels. The proposed fundraise follows Nuuk's $6.6 million Series A round in August 2025 and could support its next phase of product and business expansion.
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