WomenEntrepreneurship5 MIN READ

Avni Jain's Nuvah Raises ₹4 Crore From CarDekho, Bombay Shaving Company and GIVA Founders to Re-Engineer the Comfort Heel

Comfort-engineered heels brand Nuvah, founded by Avni Jain in October 2025, has raised ₹4 crore in a pre-seed angel round backed by Amit Jain, Shantanu Deshpande and Ishendra Agarwal to fund R&D and customer acquisition.

By Nisha Omkumar · Author23 September 2026New
Avni Jain's Nuvah Raises ₹4 Crore From CarDekho, Bombay Shaving Company and GIVA Founders to Re-Engineer the Comfort Heel

Nuvah, a comfort-engineered heels brand founded by Avni Jain, has raised ₹4 crore in a pre-seed angel round backed by some of India's best-known consumer-internet founders, betting that there is room for a technology-led brand in a category long defined by the trade-off between style and discomfort.

The round, announced on 22 September 2026, was backed by CarDekho co-founder Amit Jain, Bombay Shaving Company founder Shantanu Deshpande and GIVA founder Ishendra Agarwal. The funds will go into research and development, the company's proprietary footbed technology, and testing customer acquisition channels.

A product built on 900 hours of testing

Founded in October 2025, Nuvah sells comfort-focused heels pan-India through its own direct-to-consumer channel, with products starting at ₹4,000. The company's central innovation is its SteadyForm footbed, which it says went through 24 prototypes and more than 900 hours of wear testing before launch.

That emphasis on engineering distinguishes Nuvah from many fashion D2C brands, which tend to compete primarily on design, price and marketing. Heels are one of the most structurally demanding forms of footwear: the elevated heel shifts body weight towards the forefoot, increases pressure on the ball of the foot and can cause pain and instability over long periods of wear. For many women, that discomfort has been treated as an accepted cost of formal or occasion dressing.

By positioning comfort as an engineered, measurable feature rather than a marketing claim, Nuvah is trying to build a brand around a specific, widely experienced problem. The company plans to launch a festive collection for Navratri, timing its early growth to one of the country's most important shopping seasons for fashion and footwear.

Founder-investors who know the D2C playbook

The composition of Nuvah's investor base is telling. Each of its backers has built a consumer business in India and understands the economics of direct-to-consumer brands at close range.

Shantanu Deshpande built Bombay Shaving Company into a recognisable grooming brand and has been an active angel investor in consumer startups. Ishendra Agarwal's GIVA has grown into one of the more prominent jewellery brands to emerge from India's D2C wave, with a strong focus on women consumers. Amit Jain, through CarDekho, has deep experience in scaling consumer platforms and marketplaces.

For a pre-seed company, such backers can be as valuable for their guidance on brand building, performance marketing, pricing and supply chain as for their capital. Nuvah's stated plan to use part of the round to test customer acquisition channels suggests it is still searching for the most efficient way to reach its audience, an area where experienced operators can help avoid costly mistakes.

A premium price point in a price-sensitive market

With products starting at ₹4,000, Nuvah is positioning itself above the mass market. That choice reflects both the cost of engineering and materials and a view that a meaningful segment of Indian women will pay a premium for footwear that performs better.

The Indian footwear market is large and fragmented, with unorganised players, established national brands and international labels all competing for consumers. Premium women's footwear has historically been dominated by international brands and department-store labels. A domestic brand that can credibly claim superior comfort, and back that claim with product testing, may be able to carve out a niche among working professionals and occasion-wear buyers.

Women building for women

Nuvah is attacking a problem that millions of women have quietly accepted for decades: that elegance must come at the cost of comfort.
TIGI Analysis

Avni Jain's venture adds to a growing number of consumer brands founded by women that address women's specific needs, from intimate wellness to workwear. Such companies often begin with a founder's personal frustration with existing products and are able to build unusually strong connections with their customers.

Yet women founders in India continue to face a significant funding gap. Studies of the Indian venture ecosystem have repeatedly found that women-led startups receive only a small share of total capital, and that the gap widens at later stages. Angel networks led by successful founders have become an important early source of capital for women entrepreneurs, helping them reach the milestones needed to attract institutional investors.

Engineering credibility into fashion

A central challenge for any comfort-led fashion brand is proving its claims. Consumers have heard promises of cushioned soles and all-day wear many times, and scepticism runs high. Nuvah's disclosure of its development process, with two dozen prototypes and hundreds of hours of wear testing, is an attempt to give customers a tangible reason to believe.

That approach mirrors a broader shift in consumer categories. Brands in mattresses, running shoes and ergonomic office furniture have built loyal followings by explaining the engineering behind their products and inviting customers to test them. Translating that playbook to occasion footwear is a relatively new idea in India, and it could help Nuvah stand apart in social media advertising, where many fashion brands look and sound alike.

The company's next challenge will be to turn early buyers into advocates. In fashion, word-of-mouth recommendations and user-generated content often matter more than paid advertising, particularly for a product whose key benefit can only be understood after wearing it. Encouraging reviews, offering easy exchanges and building a community of repeat customers will be critical if Nuvah is to keep acquisition costs sustainable.

Seasonal timing also matters. The festive period from Navratri through Diwali is one of the busiest windows for fashion and footwear purchases in India, when consumers buy outfits and accessories for celebrations, weddings and family gatherings. A well-executed festive launch could give Nuvah valuable early sales data, customer feedback and social proof as it plans its next phase of growth.

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What comes next

Nuvah's immediate challenges are classic early-stage consumer problems. It must convert product testing into repeat customers, build awareness in a crowded online fashion marketplace and keep acquisition costs under control. Footwear also carries operational complexity: a broad range of sizes, inventory planning, returns and fit issues can erode margins if not managed carefully.

The company's reliance on its own D2C channel gives it control over the brand experience and customer data, but it may eventually need to expand into marketplaces or physical retail to reach a wider audience. How it balances those channels will shape its unit economics.

For now, Nuvah has what many early-stage consumer brands lack: a clearly defined product advantage, a founder with a focused thesis and a set of investors who have built successful brands themselves. If its SteadyForm footbed delivers on its promise, the company could help redefine expectations in a category where comfort has too often been an afterthought, and add another name to the growing list of women-led consumer brands emerging from India.

TagsNuvahAvni JainWomen FoundersPre-SeedD2CFootwearFashionAngel InvestmentAmit JainShantanu DeshpandeIshendra AgarwalConsumer Brands

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