Tue Sep 10 15:21:59 UTC 2024: ## Nestasia Secures $8.35 Million Funding to Fuel Expansion and Product Innovation

**Mumbai, India – [Date]** – Nestasia, a popular home decor and lifestyle brand, has secured a significant $8.35 million funding in a recent round led by Susquehanna Asia VC and Stellaris Venture Partners. The investment, which also included participation from prominent angel investors, will be used to accelerate Nestasia’s growth across various areas, including offline store expansion, new product launches, brand enhancement, and team expansion.

“This funding enables us to stay true to our mission of ‘Make Home Special’,” said Aditi Murarka Agrawal, co-founder of Nestasia. “We plan to introduce fresh products, expand our offline presence, and strengthen customer relationships.”

Nestasia aims to broaden its product range, focusing on kitchenware, cookware, drinkware, and appliances. The company also intends to introduce new themed categories like ‘Nest Baby’ and ‘Kids’, targeting families with children.

Currently operating seven exclusive brand outlets across six cities, Nestasia plans to aggressively expand its offline presence, opening an additional 30 stores by the end of 2025. The company also intends to leverage the funding to strengthen its online presence, with plans to increase sales through new brand initiatives, weekly product launches, and targeted strategies across its website, marketplaces, quick commerce platforms, and offline stores.

This latest funding round follows a Series A round in 2021, where Stellaris led an investment of $4 million into the company. Nestasia is poised for continued growth and expansion as it seeks to become a leading player in the rapidly growing home decor and lifestyle market.

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