About Nice Maple
Nice Maple is a company based in Gurugram (India) founded in 2017 by Devanshu Kapoor.. Nice Maple has raised $5 million across 1 funding round. The company has 1 employees as of April 08, 2024. Nice Maple offers products and services including Upholstered Beds, Sofa Sets, Accent Chairs, Mattresses, and Dining Sets. Nice Maple operates in a competitive market with competitors including WoodenStreet, StitchWood, Duraster, iFUR and Crafts Mill, among others.
- Headquarter Gurugram, India
- Employees 1 as on 08 Apr, 2024
- Founders Devanshu Kapoor
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Sectors
Consumer
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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 Nice Maple India Private Limited
- Date of Incorporation 02 Jun, 2022
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$291.98 K (USD)0as on Mar 31, 2023
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Net Profit
$1.38 K (USD)0as on Mar 31, 2023
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EBITDA
$2.39 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$5 M (USD)
in 1 rounds
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Latest Funding Round
$5 M (USD), Series A
Feb 03, 2023
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Investors
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Employee Count
1
as on Apr 08, 2024
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Products & Services of Nice Maple
Nice Maple offers a comprehensive portfolio of products and services, including Upholstered Beds, Sofa Sets, Accent Chairs, Mattresses, and Dining Sets. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Beds with fabric covering for comfort and storage options
Sets of sofas for seating in various fabrics and styles
Chairs for additional seating and decor purposes
Foam mattresses for orthopaedic support and sleep comfort
Tables and chairs for family meals and gatherings
Funding Insights of Nice Maple
Nice Maple has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in February 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $5.0M
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First Round
First Round
(03 Feb 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Series A - Nice Maple | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Nice Maple
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Nice Maple
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nice Maple Comparisons
Competitors of Nice Maple
Nice Maple 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 WoodenStreet, StitchWood, Duraster, iFUR and Crafts Mill, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Customized home furniture is offered online by WoodenStreet.
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| domain | founded_year | HQ Location |
Online custom made furniture
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| domain | founded_year | HQ Location |
Online retailer of solid wood furniture including sofas, beds, and dining sets.
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| domain | founded_year | HQ Location |
Luxury furniture is provided via an online digital platform.
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| domain | founded_year | HQ Location |
Offers custom furniture designs and sales for living and dining spaces.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nice Maple
Frequently Asked Questions about Nice Maple
When was Nice Maple founded?
Nice Maple was founded in 2017 and raised its 1st funding round 6 years after it was founded.
Where is Nice Maple located?
Nice Maple is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is Nice Maple a funded company?
Nice Maple is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Feb 03, 2023.
How many employees does Nice Maple have?
As of Apr 08, 2024, the latest employee count at Nice Maple is 1.
What is the annual revenue of Nice Maple?
Annual revenue of Nice Maple is $291.98K as on Mar 31, 2023.
What does Nice Maple do?
Founded in 2017 and based in Gurugram, India, Nice Maple operates as an e-commerce platform in the furniture sector. Bespoke home solutions are offered with personalization features to match user preferences and spaces. The digital-first approach enables online customization and delivery of tailored furniture items across various styles. Operations focus on direct-to-consumer sales without physical retail presence.
Who are the top competitors of Nice Maple?
Nice Maple's top competitors include WoodenStreet, StitchWood and iFUR.
What products or services does Nice Maple offer?
Nice Maple offers Upholstered Beds, Sofa Sets, Accent Chairs, Mattresses, and Dining Sets.