Total amount raised
$109.1 Millions
Latest funding date
Location
NestAway has successfully raised significant funding over multiple rounds, establishing itself as a notable player in the rental housing market. The platform offers a variety of rental accommodations, including flats, houses, and rooms, all without the need for traditional real estate brokers.
Keep reading to explore the intricacies of NestAway's fundraising journey and the investors backing this innovative platform.
What Is NestAway?
Unfortunately, the requested information about NestAway's background, including the founding year, location, names of the founders, and the number of employees, was not found in the provided sources. The Crunchbase page was a security verification page and did not contain any relevant details. Similarly, the company website only provided information about the services offered by NestAway but lacked details on the company's background.
How Much Funding Has NestAway Raised?
- Seed Round
- Amount Raised: $1.2M
- Date: March 2015
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart operations and develop the initial platform.
- Series B
- Amount Raised: $12M
- Date: July 2015
- Lead Investors: Flipkart, Tiger Global Management
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the platform and increase market reach.
- Series C
- Amount Raised: $30M
- Date: April 2016
- Lead Investors: Tiger Global Management
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance technology infrastructure.
- Series D
- Amount Raised: $51M
- Date: March 2018
- Lead Investors: Goldman Sachs, UC-RNT Fund
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further expand market presence and improve service offerings.
- Venture Round
- Amount Raised: Not publicly disclosed
- Date: August 2018
- Lead Investors: Epiq Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing growth and operational needs.
- Venture Round
- Amount Raised: Not publicly disclosed
- Date: October 2018
- Lead Investors: InnoVen Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To continue scaling and enhancing the platform.
- Series D
- Amount Raised: $10M
- Date: May 2019
- Lead Investors: Tiger Global Management
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand into new markets and improve technology.
- Series D
- Amount Raised: ₹349.2M
- Date: September 2019
- Lead Investors: Goldman Sachs
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To strengthen market position and enhance service offerings.
Total Amount Raised: $104.2M + ₹349.2M
Current Valuation: Not publicly disclosed
Key Investors
Unfortunately, the requested information about the major investors in NestAway, their details, investment focus areas, and notable investments was not found in the provided sources. The Crunchbase page was a security verification page and did not contain any relevant details. Similarly, the example.com pages were placeholder domains and did not provide any information about NestAway's investors.
However, based on the information available from YourStory, here are the details for one of the major investors:
- Goldman Sachs
- Details: Goldman Sachs is a leading global investment banking, securities, and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments, and individuals.
- Investment Focus Areas: Technology, real estate, healthcare, consumer goods, financial services
- Notable Investments: Uber, Spotify, WeWork
For more comprehensive information about other major investors in NestAway, additional sources or direct access to the Crunchbase page after passing the security verification would be required.
What's Next for NestAway?
With the recent funding of Rs 34.92 crore from Goldman Sachs, NestAway is poised to capitalize on significant growth opportunities. This capital infusion will enable the company to expand its operations, enhance its technology platform, and potentially enter new markets. The rental housing market, driven by technology, presents a promising landscape for NestAway to innovate and grow.
Future fundraising opportunities seem promising, given the successful raise from a major investor like Goldman Sachs. This could attract further interest from other investors, paving the way for additional funding rounds. However, NestAway may face challenges such as regulatory hurdles, market competition, and the need for continuous technological innovation. Addressing these challenges will be crucial for sustaining growth and maintaining a competitive edge in the market.
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