thenestery

Noida, India Founded: 2017 • Age: 9 yrs Minicorn
Online retailer of baby products

About thenestery

thenestery is a company based in Noida (India) founded in 2017. thenestery has raised $1.77 million across 6 funding rounds from investors including Wellfound, We Founder Circle and Anicut Capital. The company has 6 employees. thenestery has completed 1 acquisition, including Toy Academy. thenestery operates in a competitive market with competitors including FirstCry, Babyoye, Newmi, TheBabyBo and Jollee, among others.

  • Headquarter Noida, India
  • Employees 6
  • Stage Minicorn
  • Sectors
    Consumer
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website thenestery.in
  • Social X Facebook
  • Legal Name Yellow Birds Retail Private Limited
  • Date of Incorporation 30 Apr, 2020
  • Jurisdiction Bengaluru, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹0.30 Cr

    FY 2024 · -92% YoY

  • Net Loss
    -₹0.68 Cr

    FY 2024 · -230% margin

  • EBITDA
    -₹0.64 Cr

    FY 2024 · -216% margin

  • Total Equity Funding
    $1.77M (USD)

    in 6 rounds

  • Latest Funding Round
    $11.54K (USD), Seed

    Nov 2022

  • Investors
    Wellfound

    & 35 more

  • Employee Count
    6
  • Investments & Acquisitions

Funding Insights of thenestery

thenestery has successfully raised a total of $1.77M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $11.54 thousand completed in November 2022. 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 $1.77M
  • Total Rounds 6
  • Last Round Seed β€” $11,542
  • First Round $509,300

    (Mar 2021)

  • Investors Count 36

All 6 funding rounds of thenestery with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2022$11,542Seed––
Jul 2022$750,882Seed–Inflection Point Ventures
–
Jun 2022–Seed––
Dec 2021$500,000Seed–Rebalance, First Cheque
–
Dec 2021$100,000Grant––
Mar 2021$509,300Angel Round$2.63MKailash Kulkarni, Manoj Shenoy
Valuation history
DateValuationStage
Mar 2021$2.63Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.63M (Mar 2021). 36 investors in total: 10 institutional and 26 angel.

Investors in thenestery

thenestery has secured backing from 36 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Wellfound, We Founder Circle and Anicut Capital.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investments are made in early-stage tech startups across sectors.
–ipventures.inGurugram, India
Investment in early-stage startups and global community support.
2020wefoundercircle.comMumbai, India
Sector-agnostic acceleration is provided to startups by Rebalance.
–therebalance.comGurugram, India
Early-stage investment and support services for startups in technology and e-commerce sectors.
2018firstcheque.vcMumbai, India
Sequoia Capital is engaged in venture capital investments.
1972sequoiacap.com-
Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India.
2015anicutcapital.comChennai, India
Investment consulting firm
2018tremis.inDelhi, India
Startup jobs are connected to individuals via a dedicated platform.
2013wellfound.comNew York, United States
-
–fountainheadpartner.tcc.mode-
Corn-based starches and sweeteners are produced for various industries.
–sayajigroup.inIndia
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Investor details for thenestery

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  • Round participation
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Board of directors of Yellow Birds Retail Private Limited (thenestery)

Yellow Birds Retail Private Limited is the primary company behind thenestery. The board of Yellow Birds Retail Private Limited currently have 2 directors; the longest-serving is Vaishnavi, appointed in 2020.

DirectorDesignationAppointedTenureEntity
Vaishnavi
DIN 08738241
Director30 Apr 20206 yrs 5 moYellow Birds Retail Private Limited
Tiruchengode Subramanian Viswanathan
DIN 08738242
Director30 Apr 20206 yrs 5 moYellow Birds Retail Private Limited

Financials of thenestery

Figures of Yellow Birds Retail Private Limited, the primary company behind thenestery, for FY 2024. Revenue was ₹0.30 Cr (-92% year on year). Net loss was -₹0.68 Cr (-230% margin). EBITDA was -₹0.64 Cr (-216% margin). Revenue has grown at a compounded annual rate of -11% over three years.

  • ₹0.30 CrRevenue · FY 2024 · -92% YoY
  • -₹0.68 CrNet loss · -230% margin
  • -₹0.64 CrEBITDA · -216% margin
  • ₹0.02 CrPaid-up capital
  • 6Employees (provident fund records)
  • -11%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Yellow Birds Retail Private Limited are on its company page.

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Detailed financial statements for thenestery

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Investments & Acquisitions by thenestery

thenestery has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Toy Academy.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Educational games for children are supplied by Toy Academy.
toyacademy.inBengaluru, India2021Feb 2022β€’β€’β€’β€’
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Complete acquisition details for thenestery

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  • Exports

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Timeline of thenestery

5 dated milestones of thenestery across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded thenestery is founded.
  2. Funding First funding round of $509K.
  3. Milestone Reaches Minicorn status.
  4. Acquisition Acquires Toy Academy.
  5. Funding Latest funding round, Seed, of $12K.

Competitors of thenestery

thenestery 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 FirstCry, Babyoye, Newmi, TheBabyBo and Jollee, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
firstcry.com2010Pune, India$513.39M6,895
Online platform offering a wide range of baby, kids, and maternity products
babyoye.com2010Bengaluru, India$14.5M–
Online portal for baby products, pregnancy infant-care and mother-care products
newmi.in2021Gurugram, India$2.03M25
Products and services for women's health and wellness are provided.
thebabybo.com2020Ahmedabad, India––
Curated subscription boxes of natural baby products are delivered online.
jollee.in2022Gurugram, India$1.26M11
Multi-category mom and baby care products are retailed online.
babblejoy.com2016Bengaluru, India–99
A subscription-based retailer specializing in products for moms and babies.
babyamore.in2018Chennai, India––
Multi-category baby care products are retailed through an online platform.
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Detailed competitors of thenestery

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  • Operating metrics
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Web traffic of thenestery

The website of thenestery (thenestery.in) receives about 1.8K visits a month.

  • Monthly visits
    1.8K

    ▼ 51.6% vs previous month

Latest news on Thenestery

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Complete news archive for thenestery

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Similar companies to thenestery

10 companies that operate in the same segment as thenestery (Beauty & Personal Care Products), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online platform offering a wide range of baby, kids, and maternity products
2010Pune, Maharashtra, IndiaUSD 513.39 MUSD 911.07 M6,330
3M is recognized as a global leader in industrial innovation.
1902United States–USD 24.95 B74
Provider of FMCG conglomerate products
1837United States–USD 457.23 M923
Subscription-based men's grooming products are provided by Harry's.
2012New York, New York, United StatesUSD 755.88 M–431
Baby products from multiple retailers are aggregated and browsed online.
2011Oakland, California, United StatesUSD 40.67 M––
Online platform for preschool management and parent updates is offered.
2014San Francisco, California, United StatesUSD 88.8 M––
Internet first brand offering wearable breast pumps
2013London, England, United KingdomUSD 157.63 M––
Online brand offering mens grooming products
2015Gurugram, Haryana, IndiaUSD 52.66 M––
Retailer of perfumes, cosmetics, skincare, and related gift set items
2012Gurugram, Haryana, IndiaUSD 58.54 M––
Platform offering multi-category natural beauty care products
2019Mumbai, Maharashtra, IndiaUSD 46.98 MUSD 9.25 M94
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Frequently Asked Questions about thenestery

thenestery was founded in 2017 and raised its 1st funding round 4 years after it was founded.

thenestery is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

thenestery is a funded company, having raised a total of $1.77M across 6 funding rounds to date. The company's 1st funding round was a Angel Round of $509.3K, raised on Mar 2021.

thenestery has 6 employees.

The primary company behind thenestery, Yellow Birds Retail Private Limited, reported revenue of β‚Ή0.30 Cr for FY 2024, down 92% year on year.

Online retailer of baby products. The product catalog includes toys, books, clothes, pillows, blankets, feeding products, footwear, diapers, etc. Offers free shipping for purchases over a minimum amount.

thenestery's top competitors include FirstCry, Newmi and Jollee.

thenestery has made 1 acquisition, including Toy Academy.

thenestery has 36 investors. Key investors include Wellfound, We Founder Circle, Anicut Capital, First Cheque, and Sayaji Group.

The valuation of thenestery is $2.63M as of Mar 2021.

thenestery operates through Yellow Birds Retail Private Limited.

The legal entities of thenestery currently have 2 directors, including Vaishnavi, Tiruchengode Subramanian Viswanathan.

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