Funding · Commerce & Consumer Brands

Nester raises Rs 19 crore in pre-Series A

By Startup Enthusiast · 11 February 2026

What they do

Nester makes premium small appliances and homeware like steam air fryer ovens and juicers

It raised Rs 19 crore in a pre-Series A round co-led by Fireside Ventures and OTP Ventures

The company plans to launch 4-5 new products in the next three months and expand offline

Nester raised Rs 19 crore (about $2.3 million) in a pre-Series A round.
The round was co-led by Fireside Ventures and OTP Ventures.
Sadev Ventures and Titan Capital also participated.
Angel investors Shezan Bhojani (cofounder of Design Café) and Himanshu Chandra (cofounder of Progcap) joined the round.
The company will use the funds to build new products, strengthen R&D, and expand its portfolio in premium home appliances.
Nester plans to launch 4-5 new products in the next three months and more in the second half of 2026.
It will gradually expand its offline presence in select cities.

The premiumisation trend in home appliances is growing due to higher disposable incomes and evolving consumer preferences.
Smart appliance startups raised over $4 million across six rounds in 2024, according to Tracxn.
Funding in the smart appliance space peaked at $18.3 million in 2022.
Competitors like EDT raised $1.4 million pre-seed in December 2025, and Nestasia raised $8.35 million in September 2024.

Nester sells premium small appliances and homeware through a D2C (direct-to-consumer) model.
Its products include steam air fryer ovens, toasters, juicers, wooden seasoning grinders, and aprons.
The company sells through its own website and Amazon.
It plans to expand to quick commerce platforms and offline retail.
Manufacturing is currently done through contract partners; Nester plans to set up its own production facility.

Nester will use the funds to build new products, strengthen R&D, and expand its portfolio.
It plans to launch 4-5 new products in the next three months and more in H2 2026.
The company will gradually expand its offline presence in select cities.

Fireside Ventures (lead) — Fireside Ventures is a venture capital firm focused on consumer brands.
OTP Ventures (lead)
Sadev Ventures (participated)
Titan Capital (participated)
Shezan Bhojani (angel) — Shezan Bhojani is the cofounder of Design Café.
Himanshu Chandra (angel) — Himanshu Chandra is the cofounder of Progcap.

Product: Kitchen appliances including steam air fryer ovens, toasters, juicers with minimalistic design and ergonomic functionality
Customers: Young urban Indian consumers seeking premium, functionally designed home appliances
How it makes money: Direct-to-consumer D2C model with in-house design and manufacturing
What sets it apart: Design-first approach with ergonomic design, multifunctional capabilities and modern aesthetics
Operations: Owned e-commerce site, Amazon marketplace, and planned expansion to quick commerce and offline retail