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Nester secures pre-Series A round from Fireside Ventures and OTP Ventures

EntrackrEntrackr · 5d ago
Nester secures pre-Series A round from Fireside Ventures and OTP Ventures
Medial

Snippets Nester secures pre-Series A round from Fireside Ventures and OTP Ventures Homeware brand Nester has raised Rs 19 crore in pre-Series A funding round co-led by Fireside Ventures and OTP Ventures along with participation from Sadev Ventures and Titan Capital. The fresh funds will be utilized to understand consumer pain points and innovate products with high functionality that simplify routines, chores, and homes, Nester said in a press release. Led by Abhinav Singh, Nester is a premium, design-first, and technology-driven D2C homeware and kitchen appliance brand that focuses on creating aesthetic, durable, and functional products like kitchen appliances, offering steam-assisted cooking and modern designs. According to the Gurugram-based company, it is defined by minimalistic design, high-quality construction, and intuitive functionality, and tech-engineered products that simplify routines, work efficiently, and integrate naturally into daily life. The product innovation is driven by tech-engineered, multi-functional products in order to declutter homes and drive higher value with design and feature upgrades. Nester aims to encourage more intentional living through products that quietly support daily life. The brand plans to continue expanding its portfolio while remaining focused on thoughtful design, consistency, and long-term usability.

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Cumin Co. raises $5 Mn pre-Series A round led by Fireside Ventures

EntrackrEntrackr · 26d ago
Cumin Co. raises $5 Mn pre-Series A round led by Fireside Ventures
Medial

Cumin Co. raises $5 Mn pre-Series A round led by Fireside Ventures Gurugram-based kitchenware startup Cumin Co. has raised $5 million (around Rs 41 crore) in a pre-Series A funding round led by Fireside Ventures. Existing investors Huddle Ventures and Alteria Capital also participated, along with several angel investors. Earlier in August last year, Cumin Co. had raised its first institutional funding of $1.5 million (about Rs 13.16 crore) led by Fireside Ventures along with participation from Huddle Ventures. The proceeds will be used to expand the product portfolio across cookware and kitchen essentials. It also plans to strengthen its supply chain, increase investments in R&D, and improve manufacturing and product innovation capabilities. Founded by Niharika Joshi and Udit Lekhi, Cumin Co. operates in the premium kitchenware segment and focuses on research-led product development. The brand sells cookware and kitchen essentials directly to consumers through online channels. Cumin Co. builds its products around proprietary material and coating technology under its Enviromax platform. It holds three granted patents and has five more pending, covering material science, surface coatings, and product design. Going ahead, Cumin Co. will continue to focus on controlled expansion, selective channel rollout, and improving unit economics as it scales its operations. It competes with other notable startups in this space such as Indus Valley and Palette Brand’s Ember. Indus Valley secured Rs 23.1 crore in a pre-Series A round led by DSG Ventures, while Palette Brands raised nearly Rs 17 crore in a pre-Series A round led by Rockstud Capital.

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