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Funding · Commerce & Consumer Brands

Magical Nest raises Rs 4.12 crore for AI design platform

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Date
Company
Magical Nest
What it does
Children's interior design solutions provider
Kind
Funding
Amount
Rs 4.12 crore
Stage
pre-seed
Sector
Commerce & Consumer Brands

What they do

Magical Nest provides end-to-end interior solutions and furniture for children

What happened

The company raised Rs 4.12 crore in a pre-seed round led by Stargazer Fund with notable angel investors

Why it matters

Funds will develop an AI-powered platform to streamline the entire interior design workflow from lead generation to delivery

The details

  • Raanro Interior Technology has closed a pre-seed funding round raising Rs 4.12 crore.
  • The investment was led by Stargazer Fund with participation from several prominent industry founders.
  • Investors include CRED founder Kunal Shah, EatFit founder Ankit Nagori, and Tata 1MG founders Prashant Tandon and Gaurav Agarwal.
  • The company plans to use the funds to build an AI-powered platform for interior design workflows.
  • This platform aims to manage the entire process including lead generation, discovery, design, pricing, execution, and delivery.
  • The startup currently operates under the brand name Magical Nest focusing on children's interiors.
  • Founders Rahul Bhatt, Ankush Dixit, and Rohit Rai joined the company in 2025.
  • The market size for home interiors in India is estimated to be over $30 billion.

About the business

  • Raanro offers end-to-end interior solutions specifically tailored for children's spaces.
  • Their product range includes furniture, storage systems, study areas, play zones, and décor.
  • Features include activity zones, modular furniture, creative areas, and intelligent storage systems.
  • These solutions are designed to evolve with children's changing needs over time.
  • The average project value ranges between Rs 6 lakh and Rs 9 lakh.
  • They operate in major cities like Bengaluru, Mumbai, Hyderabad, and Delhi NCR.
  • Services also extend to Chennai, Pune, Ahmedabad, Surat, Cochin, Coimbatore, and Kolkata.
  • The company targets FY revenue of Rs 14–15 crore.
  • Future plans include expanding into multiple premium home décor verticals.

What happens next

  • Develop an AI-powered platform for interior design workflow management.
  • Expand into multiple premium home décor verticals.

The deal

Type
Pre-seed

Investors

  • Stargazer Fund (lead) — Lead investor in the pre-seed round.
  • Kunal Shah (participated) — Founder of CRED.
  • Ankit Nagori (participated) — Founder of EatFit.
  • Prashant Tandon (participated) — Founder of Tata 1MG.
  • Gaurav Agarwal (participated) — Founder of Tata 1MG.

Founders

  • Rahul Bhatt, Co-founder
  • Ankush Dixit, Co-founder
  • Rohit Rai, Co-founder

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