About Magical Nest
Magical Nest is a Consumer company based in Bengaluru (India) founded in 2016 by Rohit Rai, Ankush Dixit, and Rahul Bhatt. Kids furniture is offered online with customization options. Magical Nest has raised $582.24 thousand across 2 funding rounds from investors including Pranav Kothari, Himanshu Varshney and Kartheek Veeravalli. Its website magicalnest.com draws about 31 thousand monthly visits. Its Indian entity Memories Interior Designs E-Commerce Private Limited reported revenue of ₹8.67 Cr. Magical Nest offers products and services including Kids Beds, Room Decor, Study Desks, and Wardrobes. Its focus areas include Consumer Goods, Home Furnishing Products, Children's Furniture and Multi-Category.
Company details
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.
- Headquarters Bengaluru, India
- Founders Rohit Rai, Ankush Dixit, Rahul Bhatt
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website magicalnest.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Memories Interior Designs E-Commerce Private Limited
- Date of Incorporation 26 Jul, 2017
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹8.67 Cr
FY 2024 · +44% YoY
- Net Profit₹31.6 Lakh
FY 2024 · 4% margin
- EBITDA₹39 Lakh
FY 2024 · 5% margin
- Total Equity Funding$582.24K (USD)
in 2 rounds
- Latest Funding Round$439.09K (USD), Seed
Mar 2026
Associated legal entities of Magical Nest
Magical Nest operates through Memories Interior Designs E-Commerce Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Memories Interior Designs E-Commerce Private Limited CIN U74999KA2017PTC105024 | Active | 26 Jul 2017 | Bangalore, Karnataka | ₹8.7 Cr | 18 | 3 | View details |
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
Apps and channels of Magical Nest
its YouTube channel Magical Nest has 497 subscribers and 15 videos.
Videos from Magical Nest
The most watched videos on Magical Nest's YouTube channel, Magical Nest (497 subscribers). Click a video to play it here.
More on Magical Nest.
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.
- Total Funding $582,241
- Total Rounds 2
- Last Round Seed — $439,093
- First Round $143,148
(Aug 2024)
- Investors Count 11
All 2 funding rounds of Magical Nest with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2026 | $439,093 | Seed | – | – | |
| Aug 2024 | $143,148 | Angel Round | – | Pranav Kothari |
11 investors in total: 1 institutional and 10 angel.
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 |
|---|---|---|---|---|
PK Pranav Kothari | unknown_502bd4ebbbac4b019 | |||
HV Himanshu Varshney | Angel investor and entrepreneur, focused on tech startups in India. | unknown_0ff114051aeb45ff9 | ||
KV Kartheek Veeravalli | unknown_60c8f9ee68cf46d3a | |||
RJ Rahul Jain | Angel investor, co-founder of Epigamia, focused on consumer and foodtech startups. | unknown_f06e7d90d0084def8 | ||
RB Ridhi Bhargava | unknown_1fb85ef104304c5a9 | |||
KS Kunal Shah | unknown_c73de2a2f61f45008 | |||
AN Ankit Nagori | unknown_a6f74dc2771d4069b | |||
GS Gaurav Singh Kushwaha | unknown_9a691a86471043989 | |||
PT Prashant Tandon | unknown_5603dfa3e20749b4a |
Investor details for Magical Nest
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Memories Interior Designs E-Commerce Private Limited (Magical Nest)
Memories Interior Designs E-Commerce Private Limited is the primary company behind Magical Nest. The board of Memories Interior Designs E-Commerce Private Limited currently have 3 directors; the longest-serving is Rohit Rai, appointed in 2017. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rohit Rai DIN 07859280 | Director | 26 Jul 2017 | 9 yrs 3 mo | Memories Interior Designs E-Commerce Private Limited |
| Rahul Bhatt DIN 02477584 | Director | 26 Nov 2021 | 4 yrs 11 mo | Memories Interior Designs E-Commerce Private Limited |
| Ankush Dixit DIN 08038208 | Director | 19 Jul 2022 | 4 yrs 3 mo | Memories Interior Designs E-Commerce Private Limited |
People of Magical Nest
3 people are tracked at Magical Nest (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Magical Nest
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Magical Nest
Figures of Memories Interior Designs E-Commerce Private Limited, the primary company behind Magical Nest, for FY 2024. Revenue was ₹8.67 Cr (+44% year on year). Net profit was ₹31.6 Lakh (4% margin). EBITDA was ₹39 Lakh (5% margin). Revenue has grown at a compounded annual rate of +67% over three years and +58% over five years.
- ₹8.67 CrRevenue · FY 2024 · +44% YoY
- ₹31.6 LakhNet profit · 4% margin
- ₹39 LakhEBITDA · 5% margin
- ₹1 LakhPaid-up capital
- 18Employees (provident fund records)
- +67%Revenue CAGR, 3 years
- +58%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Memories Interior Designs E-Commerce Private Limited are on its company page.
Detailed financial statements for Magical Nest
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Magical Nest
3 dated milestones of Magical Nest across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Magical Nest is founded.
- Funding First funding round of $143K.
- Funding Latest funding round, Seed, of $439K.
Web traffic of Magical Nest
The website of Magical Nest (magicalnest.com) receives about 30.7K visits a month.
- Monthly visits30.7K
▲ 247.9% vs previous month
Websites whose visitors overlap most with Magical Nest. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| beruru.com | 100% | 680.7K | #1,016,760 | View details | |
| angiehomes.co | 84% | 34.3K | #854,521 | View details | |
houzz.in | houzz.in | 84% | #174,391 | – | |
| dlifeinteriors.com | 84% | 680.7K | #415,496 | View details | |
| godrejinterio.com | 84% | 54.7K | #587,028 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 27 similar websites and full traffic analytics for Magical Nest
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 27 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Beauty & Personal Care Products
3 companies that operate in the same segment as Magical Nest (Beauty & Personal Care Products) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform offering a wide range of baby, kids, and maternity products | 2010 | Pune, Maharashtra, India | USD 513.39 M | USD 911.07 M | 3,752 | |
Online brand offering mens grooming products | 2015 | Gurugram, Haryana, India | USD 52.66 M | |||
Retailer of perfumes, cosmetics, skincare, and related gift set items | 2012 | Gurugram, Haryana, India | USD 60.63 M |
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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. The company's 1st funding round was a Angel Round of $143.15K, raised on Aug 2024.
The primary company behind Magical Nest, Memories Interior Designs E-Commerce Private Limited, reported revenue of ₹8.67 Cr for FY 2024, up 44% year on year.
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 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.
Magical Nest operates through Memories Interior Designs E-Commerce Private Limited.
The legal entities of Magical Nest currently have 3 directors, including Ankush Dixit, Rohit Rai, Rahul Bhatt.