Nova Global cut its stake in Encompass Design from 2.94% to 2.33%, selling 87,600 shares.
A consumer brand builder and scaler operating in India's trading and distribution sector, Encompass Design develops and grows brands across multiple categories. The company focuses on identifying market opportunities and establishing distribution networks to bring consumer products to Indian markets. Known by its operating brand ScaleSauce, it combines brand development expertise with comprehensive distribution capabilities to support product launches, market expansion, and long-term brand growth in India.
Nova Global Opportunities Fund PCC is a foreign portfolio investor that is an active anchor investor in Indian SME IPOs. It has backed offerings across sectors including electric equipment, power and energy, infrastructure, and logistics.
