About Magical Nest
Magical Nest is a company based in Bengaluru (India) founded in 2016 by Rohit Rai, Ankush Dixit, and Rahul Bhatt. Magical Nest has raised $582.24 thousand across 2 funding rounds from investors including Pranav Kothari, Himanshu Varshney and Kartheek Veeravalli. Magical Nest offers products and services including Kids Beds, Room Decor, Study Desks, and Wardrobes. Magical Nest operates in a competitive market with competitors including Umu Fun Furniture, among others.
- Headquarter Bengaluru, India
- Founders Rohit Rai, Ankush Dixit, Rahul Bhatt
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Sectors
Consumer
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Memories Interior Designs E-Commerce Private Limited
- Date of Incorporation 26 Jul, 2017
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$722.49 K (USD)94.63as on Mar 31, 2023
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Net Profit
$24.92 K (USD)118.93as on Mar 31, 2023
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EBITDA
$28.96 K (USD)122.42as on Mar 31, 2023
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Total Equity Funding
$582.24 K (USD)
in 2 rounds
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Latest Funding Round
$439.09 K (USD), Seed
Mar 23, 2026
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Investors
Stargazer Fund
& 10 more
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Employee Count
Not available
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Products & Services of Magical Nest
Magical Nest offers a comprehensive portfolio of products and services, including Kids Beds, Room Decor, Study Desks, and Wardrobes.
Beds designed for children's rooms with safety features
Items like wallpaper and rugs for kids' spaces
Desks for kids' study areas with functional storage
Storage solutions tailored for children's clothing
Funding Insights of Magical Nest
Magical Nest has successfully raised a total of $582.24K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $439.09 thousand completed in March 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Magical Nest
Magical Nest has secured backing from 11 investors, including angel and venture fund investors. Prominent investors backing the company include Pranav Kothari, Himanshu Varshney and Kartheek Veeravalli.
| Investor | Description | Founded Year | Domain | Location |
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Pranav Kothari |
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Himanshu Varshney |
Angel investor and entrepreneur, focused on tech startups in India.
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Locked | Locked | Locked |
Investor details for Magical Nest
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Investments & Acquisitions by Magical Nest
Investment portfolio details for Magical Nest
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Financial Statements - Magical Nest
Detailed financials for Magical Nest
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Magical Nest Comparisons
Peer comparison for Magical Nest
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Competitors of Magical Nest
Magical Nest operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Umu Fun Furniture, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Operates a direct-to-consumer brand specializing in children's furniture.
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Detailed competitors of Magical Nest
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Latest news on Magical Nest
Complete news archive for Magical Nest
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Frequently Asked Questions about Magical Nest
Magical Nest was founded in 2016 and raised its 1st funding round 8 years after it was founded.
Magical Nest is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Magical Nest is a funded company, having raised a total of $582.24K across 2 funding rounds to date.
Annual revenue of Magical Nest is $722.49K as on Mar 31, 2023.
Magical Nest was established in 2016 in Bengaluru, India, as an online retailer in the childrens furniture sector. A range of products, such as bunk beds, kids beds, wardrobes, and study tables, is made available through its website. Customized furniture solutions are provided to meet customer needs. Operations are focused on e-commerce delivery within India.
Magical Nest's top competitors include Umu Fun Furniture.
Magical Nest offers Kids Beds, Room Decor, Study Desks, and Wardrobes.
Magical Nest has 11 investors. Key investors include Pranav Kothari, Himanshu Varshney, Kartheek Veeravalli, Rahul Jain, and Ridhi Bhargava.