The Nestery raises Rs 6 Cr in Pre-Series A funding led by Inflection Point Ventures
- ByStartupStory | July 29, 2022
The Nastery, a contextual e-commerce platform, has raised over Rs 6 crore in Pre-Series A funding round that was led by Inflection Point Ventures(IPV).
The startup plans to use the funds to expand its team, improve technology and produce content. It is focusing on modern parents which is a $15 billion market and is said to work with over 400 brands. The Nestery also has a parenting community called “The Nest ” catering to over 100,000 parents nationwide.
Speaking on the development Vaishnavi Rangarajan, founder & CEO, The Nastery said, “A new parent today is spoilt for choice, but doesn’t know what to choose because parenting is a brand-new life stage with a steep learning curve. So, they rely on hours of research or consulting other parents about what to buy, and when to buy. We want to use our contextual catalog to help parents discover the right products at the right time on their parenting journey. We are so excited to bring IPV on board to lead this round. We are looking forward to collaborating with IPV and scaling this business along with all stakeholders”.
About The Nestery
The Nestery, which was founded in 2019 by Vaishnavi Rangarajan, Vasudevan and TS Vishwanath is a vertical marketplace for children and maternity products that focuses on helping modern Indian parents discover and buy the right products that are curated, safe, original and parent approved.
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