About Nestroots
Nestroots is a company based in Gurugram (India) founded in 2016 by Shekhar Godiyal and Chhavi Singh. Nestroots has raised $522.23 thousand across 4 funding rounds from investors including We Founder Circle, Bestvantage Investments and Thapar Vision. The company has 1 employees as of April 06, 2024. Nestroots offers products and services including Furniture, Kitchen Items, Decor Items, and Rugs and Carpets. Nestroots operates in a competitive market with competitors including 10Club, Nestasia, Ellementry, Pelican Essentials and The Better Home, among others.
- Headquarter Gurugram, India
- Employees 1 as on 06 Apr, 2024
- Founders Shekhar Godiyal, Chhavi Singh
- Stage Minicorn
-
Sectors
Consumer
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Adc Brands Private Limited
- Date of Incorporation 21 Apr, 2021
- Jurisdiction Delhi, Delhi, India
-
Annual Revenue
$1.15 M (USD)225.22as on Mar 31, 2023
-
Net Profit
$42.28 K (USD)237.21as on Mar 31, 2023
-
EBITDA
$106.51 K (USD)371.49as on Mar 31, 2023
-
Total Equity Funding
$522.23 K (USD)
in 4 rounds
-
Latest Funding Round
$360.83 K (USD), Seed
Dec 20, 2023
-
Investors
We Founder Circle
& 9 more
-
Employee Count
1
as on Apr 06, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Nestroots
Nestroots offers a comprehensive portfolio of products and services, including Furniture, Kitchen Items, Decor Items, and Rugs and Carpets.
Various items like chairs and tables for living spaces.
Products such as masala boxes and spoon stands for daily use.
Wall plates and vases for enhancing home aesthetics.
Carpets designed for living rooms and other areas.
Funding Insights of Nestroots
Nestroots has successfully raised a total of $522.23K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $360.83 thousand completed in December 2023. 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 Nestroots
Nestroots has secured backing from 10 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include We Founder Circle, Bestvantage Investments and Thapar Vision.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
A success catalyst for startups is provided by BeyondSeed.
|
Locked | Locked | Locked | |
|
Investment in early-stage startups and global community support.
|
Locked | Locked | Locked | |
|
Early-stage investment fund providing seed funding and mentorship to Indian startups.
|
Locked | Locked | Locked |
Investor details for Nestroots
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Nestroots
Investment portfolio details for Nestroots
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Nestroots
Detailed financials for Nestroots
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Nestroots Comparisons
Peer comparison for Nestroots
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Nestroots
Nestroots 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 10Club, Nestasia, Ellementry, Pelican Essentials and The Better Home, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Multi-category home products are offered through an internet-first platform.
|
|
| Locked | Locked | Locked |
Internet-first brand of multi-category home improvement products
|
|
| Locked | Locked | Locked |
Handmade home improvement products are sold online through Ellementry.
|
|
| Locked | Locked | Locked |
Internet first brand offering furniture products
|
|
| Locked | Locked | Locked |
Eco-friendly home care products are offered via an internet-first brand.
|
Detailed competitors of Nestroots
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Nestroots
Complete news archive for Nestroots
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nestroots
Nestroots was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Nestroots is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Chhavi Singh is the current CEO of Nestroots. They have also founded this company.
Nestroots is a funded company, having raised a total of $522.23K across 4 funding rounds to date.
As of Apr 06, 2024, the latest employee count at Nestroots is 1.
Annual revenue of Nestroots is $1.15M as on Mar 31, 2023.
Nestroots was founded in 2016 and is headquartered in Gurugram, India. The company operates as an internet-first brand in the home improvement sector, with products encompassing kitchen utensils, storage boxes, furniture, napkin holders, serving bowls, coasters, barware, cutlery, and decorative items. Leadership is provided by co-founders Shekhar Godiyal and Chhavi Singh, who serves as CEO. Operations focus on e-commerce distribution to support household needs.
Nestroots's top competitors include Nestasia, 10Club and The Better Home.
Nestroots offers Furniture, Kitchen Items, Decor Items, and Rugs and Carpets.
Nestroots has 10 investors. Key investors include We Founder Circle, Bestvantage Investments, Thapar Vision, Arjun Vaidya, and BeyondSeed.
The valuation of Nestroots is $3.35M as of Dec 2023.