Nestasia Raises $8.35 Million in Funding Round
Nestasia, a rapidly growing home decor and lifestyle brand, has secured a significant funding boost of $8.35 million in a fresh round led by Susquehanna Asia VC and Stellaris Venture Partners. Notable angel investors have also joined the round, backing the company’s ambitious plans for expansion.
The fresh funds will be used to fuel Nestasia’s growth in offline store expansion, new category launches, brand building, and hiring. Founded in 2019 by Aditi Murarka Agrawal and Anurag Agrawal, Nestasia has established itself as a key player in the home decor and lifestyle space, offering a curated selection of products across six key categories.
The company is now poised to further broaden its product offerings within kitchenware, drinkware, cookware, and appliances, while introducing new themed categories such as Nest Baby & Kids, which will focus on home products for children. This strategic move is part of Nestasia’s plan to tap into the growing demand for lifestyle products that cater to the needs of the next generation.
Since its inception, Nestasia has successfully expanded its offline presence across six cities, with seven exclusive brand outlets. The company is now looking to deepen its presence in these cities and expand to new ones, aiming to open a total of 30 stores by the end of 2025.
The $8.35 million funding round is a significant milestone for Nestasia, demonstrating the confidence of investors in the company’s growth potential. With this fresh injection of capital, Nestasia is well-equipped to accelerate its expansion plans, drive innovation in product development, and solidify its position as a leader in the home decor and lifestyle space.
As the demand for lifestyle products continues to grow, Nestasia’s expansion plans are timely and well-positioned to capitalize on this trend. With its commitment to offering high-quality products and exceptional customer experience, Nestasia is poised to become a household name in the Indian home decor and lifestyle market.
