Nestasia Secures $8.35 Million Funding for Expansion into New Categories and Offline Retail

l1720240910203508

Home decor and lifestyle brand Nestasia has raised $8.35 million in a new funding round led by Susquehanna Asia VC and Stellaris Venture Partners, with participation from angel investors. This fresh capital will drive the company’s expansion into offline stores, the introduction of new product categories, and further brand development.

Founded in 2019 by Aditi Murarka Agrawal and Anurag Agrawal, Nestasia offers a curated selection of home decor and lifestyle products. With the latest funding, the company plans to broaden its product lineup to include kitchenware, drinkware, cookware, and appliances, and introduce themed collections such as Nest Baby & Kids for children’s home products.

“We are thrilled to have the support of our investors as we work to position Nestasia as India’s top home decor and lifestyle destination,” said Aditi Murarka Agrawal, Co-founder. “This investment allows us to stay committed to our mission of making every home special with trendy products, enhanced offline presence, and a stronger brand connection with our customers.”

Nestasia aims to expand its offline footprint with plans to open 30 new stores by the end of 2025, building on its existing seven brand outlets in six cities. The company also plans to boost sales through seasonal promotions, new product launches, and targeted marketing efforts across multiple platforms.

The new round follows a $4 million Series A funding led by Stellaris Venture Partners in 2021.

IMG 20240813 WA0004 e1723613011292

I’m a finance writer with  three years of experience in investment analysis. At Investorwelcome , I translate complex financial concepts into clear, actionable insights to help investors navigate the market with confidence. Combining my solid academic background with practical industry knowledge, I’m dedicated to providing readers with accurate and timely information. My goal is to empower both new and seasoned investors by simplifying intricate data and offering strategic advice. When I’m not writing, I stay engaged with market trends and investment innovations to ensure my content remains relevant and valuable.

Total
0
Shares
Leave a Reply

Your email address will not be published. Required fields are marked *

Previous Post
108022685 1724137945137 gettyimages 2166721495 JAPAN SEVENI

Seven & i Holdings’ Shares Dip Amid Speculation of U.S. Antitrust Review of Couche-Tard Deal

Next Post
sddefault 3

Global Consensus on AI in Military Use: 60 Countries Endorse Responsible AI Blueprint; China Opts Out

Related Posts