Nestasia, a leading home décor and lifestyle brand, has successfully raised $8.35 million in a funding round led by Susquehanna Asia VC, Stellaris Venture Partners, and a group of prominent angel investors, as announced on September 10.
Nestasia has gained popularity by offering a blend of stylish and functional décor items, appealing to the modern consumer’s desire for both aesthetics and practicality.
The brand’s commitment to quality, affordability, and sustainability aligns with evolving consumer preferences and the growing trend toward premium products, enabling it to capture an increasingly significant share of the market.
Company Background:
Founded in 2019 by Aditi and Anurag Agrawal, Nestasia offers a curated collection of home goods. The company plans to expand its product range, including kitchenware, drinkware, cookware, and appliances, while also introducing new themed categories like Nest Baby & Kids.
Funding History:
This latest funding round follows a Series A round of $4 million led by Stellaris in 2021. The new capital will be used to scale the company’s efforts in offline store expansion, new category launches, brand building, and hiring.
“With strong support from our investors, we’re excited and driven to establish Nestasia as India’s leading home décor and lifestyle destination. This funding empowers us to stay true to our mission to ‘Make Home Special’ by introducing fresh, on-trend products, expanding our offline presence, and strengthening our brand connection with customers,” said Aditi Murarka Agrawal, Nestasia’s co-founder.
Future Goals:
In the past year, Nestasia has increased its physical presence in six cities, including the opening of seven exclusive brand outlets. The company aims to further strengthen its footprint in these cities and expand into new ones, with plans to launch 30 stores by the end of 2025.
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