SUMMARY
- Nestasia has secured $8.35 million from Susquehanna Asia VC, Stellaris Venture Partners, and notable angel investors.
- These funds will be used for the expansion of the company’s operations, new product categories, brand development, and talent acquisition.
- The brand is set to broaden its product portfolio in kitchenware, drinkware, cookware, and appliances.
Nestasia, a brand specializing in home decor and lifestyle, has secured $8.35 million in a funding round from Susquehanna Asia VC, Stellaris Venture Partners, and notable angel investors.
This capital infusion is set to be used for the expansion of the company’s operations, including the growth of its offline store network, the introduction of new product categories, the enhancement of brand development, and the recruitment of new talent.
Established in 2019 by Aditi Murarka Agrawal and Anurag Agrawal, Nestasia presents a selection of home decor and lifestyle items across six primary categories.
The brand is set to broaden its product portfolio in the areas of kitchenware, drinkware, cookware, and appliances. Furthermore, Nestasia is in the process of launching new themed categories, such as Nest Baby & Kids (designed for home products for children), among others.
In the preceding year, Nestasia has reported expansion of its physical presence across six cities, with the establishment of seven exclusive brand outlets. The company is committed to further deepening its footprint in these cities and is on a trajectory to open 30 additional stores by the year-end 2025.
