PE-VC Fund Investments
Children’s furniture brand Magical Nest raises Rs.4.12 Cr
Bengaluru-based Raanro Interior Technology, parent company of children’s interiors brand Magical Nest , has raised INR 4.12 crore in a pre-seed funding round at a pre-money valuation of INR 60 crore. The round saw participation from Stargazer Fund along with angel investors including CRED founder Kunal Shah; EatFit founder Ankit Nagori; Gaurav Singh Kushwaha; Tata 1MG founders Prashant Tandon and Gaurav Agarwal; and Anshuman Singh.Co-founded in 2025 by Rahul Bhatt, Ankush Dixit, and Rohit Rai, Magical Nest designs and executes functional and safe spaces for children. It offers interior solutions including furniture, storage systems, study areas, play zones, and decor tailored for kids.Magical Nest operates in Bengaluru, Mumbai, Hyderabad, and Delhi NCR and also serves customers in Chennai, Pune, Ahmedabad, Surat, Cochin, Coimbatore, and Kolkata. Raanro expects to close the current financial year with approximately INR 14-15 crore in revenue.
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