Funding · Commerce & Consumer Brands
Magical Nest raises Rs 4.12 crore for AI design platform
By Startup Enthusiast ·
- Date
- Company
- Magical Nest
- What it does
- Children's interior design solutions provider
- Kind
- Funding
- Amount
- Rs 4.12 crore
- Stage
- pre-seed
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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