Nestroots is an online modern lifestyle and home décor brand that sells furniture and home decor items. It operates a direct-to-consumer website and also sells through other well-known online marketplaces focused on dining, tableware, and furniture. The company was founded by Chhavi Singh and Shekhar Godiyal and is based in Gurugram. Since founding, Nestroots says it has amassed over 55,000 users. The startup plans to use its latest funding for growth and market expansion. Prior financing includes a $100K equity and debt seed round led by We Founder Circle and a Rs 50 lakh investment for 2% equity from Namita Thapar on Shark Tank India Season 2. Nestroots is a home décor brand that sells furniture, dining, and tableware across its own website and multiple marketplaces. The company offers seven product parent categories and plans to expand to 12 by the end of fiscal 2021–22. It has reached 55,000 customers since inception and reports being profitable since launch. Nestroots intends to use recent funding to invest in digital marketing, improve UI/UX for customers, facilitate vendor associations, and build more product categories. This is the startup’s first external funding round. The company positions itself to grow its customer base in India by offering aesthetically high and durable products at affordable prices.

Total raised

$0M

Funding rounds

3

Latest round

Seed

Latest activity

Dec 2023