About Nasher Miles
Nasher Miles is a company based in Mumbai (India) founded in 2016 by Abhishek Daga, Shruti Kedia Daga, and Lokesh Daga. Nasher Miles has raised $5.96 million across 4 funding rounds from investors including IVY Growth Associates, Thapar Vision and Sailthru Ventures. The company has 45 employees as of April 07, 2024. Nasher Miles offers products and services including Luggage Sets, Hardside Luggage, Softside Luggage, and Backpacks. Nasher Miles operates in a competitive market with competitors including Mokobara, uppercase, Assembly, Urban Tribe and Tripole Gears, among others.
- Headquarter Mumbai, India
- Employees 45 as on 07 Apr, 2024
- Founders Abhishek Daga, Shruti Kedia Daga, Lokesh Daga
- Stage Minicorn
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Sectors
RetailTravel & Hospitality
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Email
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Phone
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Website
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Social
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- Legal Name Nasher Miles Private Limited
- Date of Incorporation 15 Feb, 1990
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$17.46 M (USD)25.09as on Mar 31, 2023
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Net Profit
$664.42 K (USD)130.62as on Mar 31, 2023
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EBITDA
$831.12 K (USD)381.8as on Mar 31, 2023
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Total Equity Funding
$5.96 M (USD)
in 4 rounds
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Latest Funding Round
$4 M (USD), Seed
Jul 03, 2024
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Investors
IVY Growth Associates
& 47 more
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Employee Count
45
as on Apr 07, 2024
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Products & Services of Nasher Miles
Nasher Miles offers a comprehensive portfolio of products and services, including Luggage Sets, Hardside Luggage, Softside Luggage, and Backpacks.
Durable sets of suitcases for organized travel storage
Hard-shell suitcases offering protection for travel items
Flexible suitcases designed for versatile packing needs
Practical backpacks for daily and adventure use
People of Nasher Miles
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Funding Insights of Nasher Miles
Nasher Miles has successfully raised a total of $5.96M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $4 million completed in July 2024. 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 Nasher Miles
Nasher Miles has secured backing from 48 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include IVY Growth Associates, Thapar Vision and Sailthru Ventures.
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Investment management services in growth equity and public investments in India.
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Private equity investments are directed toward multiple sectors.
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Venture capital funding is provided to multiple sectors by Maxar.vc.
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Investor details for Nasher Miles
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Investments & Acquisitions by Nasher Miles
Investment portfolio details for Nasher Miles
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Financial Statements - Nasher Miles
Detailed financials for Nasher Miles
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Nasher Miles Comparisons
Peer comparison for Nasher Miles
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Competitors of Nasher Miles
Nasher Miles 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 Mokobara, uppercase, Assembly, Urban Tribe and Tripole Gears, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of luggage, backpacks, totes, handbags, briefcases, and travel accessories
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Handcrafted eco-friendly luggage and backpack bags are sold online.
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Luggage bags and travel accessories are offered online by Assembly.
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Stylish, durable bags are crafted for modern urban lifestyles.
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Internet first brand offering multi-category travel and business bags
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Detailed competitors of Nasher Miles
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Latest news on Nasher Miles
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Frequently Asked Questions about Nasher Miles
Nasher Miles was founded in 2016.
Nasher Miles is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Lokesh Daga is the current CEO of Nasher Miles. They have also founded this company.
Nasher Miles is a funded company, having raised a total of $5.96M across 4 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Nasher Miles is 45.
Annual revenue of Nasher Miles is $17.46M as on Mar 31, 2023.
Nasher Miles was founded in 2016 in Mumbai, India, and operates in the travel goods sector. A range of hardside and softside luggage, backpacks, and accessories is offered, with designs focused on durability for various travel requirements. Sales are conducted online, supported by easy returns, multiple payment methods, and a subscription service for wishlist notifications. The company is led by co-founders including Lokesh Daga as CEO.
Nasher Miles offers Luggage Sets, Hardside Luggage, Softside Luggage, and Backpacks.
Nasher Miles has 48 investors. Key investors include IVY Growth Associates, Thapar Vision, Sailthru Ventures, Singularity Ventures AMC, and Orbit Lifescience.
The valuation of Nasher Miles is $26.03M as of Feb 2024.