Contextual e-commerce platform The Nestery has raised over Rs 6 crore in a pre-Series A led by Inflection Point Ventures and Earlier, the firm had won $100,000 through Sequoia Spark Fellowship Grant.
The fund raised will be utilized towards expanding the team, technology enhancement and generating original content.
The Nestery is a vertical marketplace focused on helping modern Indian parents discover and buy the right products. Products at Nestery are curated, safe, original, and parent-approved which helps the parents discover safety and quality-verified maternity and children’s products with context.
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According to The Nestery, the company focuses on child development and engagement with products from more than 400 brands. The company has a thriving community of more than one lakh parents and is addressing a pain point that all parents face, discovery, claimed by the company in a statement.
Founded in 2019 by Vaishnavi Rangarajan, a former consultant at Deloitte, is a kids and maternity marketplace. The Bengaluru-based platform claims to work with over 400 brands and has a community of 100,000 parents.
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