[Funding News] Nestasia Secures $8.35 Mn Funding Round

Nestasia, a lifestyle and home décor brand, secured $8.35 million in a new funding round from Susquehanna Asia VC, Stellaris Venture Partners, and angel investors.

The company stated that the funding will be used to support its expansion into offline retail, new product categories, brand building, and hiring initiatives.

Nestasia provides a carefully selected selection of home decor and lifestyle products in six distinct categories, including kitchenware, drinkware, cookware, and appliances. It intends to establish 30 stores by the conclusion of 2025, in addition to its seven exclusive stores that are situated in six locations. Through frequent product introductions, new initiatives, and efforts across both online and offline channels, the organization intends to increase sales during the forthcoming holiday season.

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Prior to this, Stellaris Venture Partners led a Series A round in which Nestasia raised $4 million. The round was also attended by Varun Alagh (MamaEarth), Sahil Barua (Delhivery), Anuj Srivastava and Ramakant Sharma (Livspace), and Dilip Khandelwal (Deutsche India).

About Nestasia

Founded in 2020 by Aditi Murarka Agrawal and Anurag Agrawal, Nestasia is a lifestyle and home décor brand that offers a variety of products, such as kitchen utilities, crockery, garden accessories, and decor.

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