VC Fund Investments
Online home decor brand Nestasia raises $4-M from Stellaris, HNIs
Kolkata-based Nestasia, an online home decor and lifestyle brand, has raised $4 million in a Series A round led by Stellaris Venture Partners. A group of more than 60 HNIs, including MamaEarth's Varun Alagh, Delhivery's Sahil Barua and Deutsche India's Dilip Khandelwal, also participated in the round. The startup plans to deploy the new funds in technology, improving product lines and in house manufacturing capabilities, among other things. Nestasia aims to provide a range of products with choices across modern as well as traditional designs. The company manufactures and brings products from across India and South-East Asia which are mostly made up of clay, metal, wood and marble. Nestasia has over 6,000 products across six categories on its website, including kitchen and dining, decor, garden and bath and storage.
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