When was Nasher Miles founded?

Nasher Miles was founded in 2017 and raised its 1st funding round within a year of its incorporation.

Where is Nasher Miles located?

Nasher Miles is headquartered in Mumbai, India. It is registered at 1601, 16 FLR, PANCHRATNA BLDG, MAMA PARMA NAND MARG, OPERA HOUSE, Mumbai City, MUMBAI, Maharashtra, India, 400004.

Which legal entities is Nasher Miles associated with?

Nasher Miles is associated with NASHER MILES PRIVATE LIMITED and 1 other.

How many employees does Nasher Miles have?

As of Feb 28, 2026, Nasher Miles has 106 employees, reflecting a 11% year-over-year growth in headcount.

Is Nasher Miles a funded company?

Nasher Miles is a funded company, having raised a total of $5.96M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2017.

How much is Nasher Miles worth?

The latest valuation of Nasher Miles is ₹***** as of Aug 05, 2024. This marks a decline of 2% from its peak valuation of ₹251Cr in Mar, 2012. This marks a decline of 2% from its peak valuation of ₹251Cr in Mar, 2012.

When was the latest funding round of Nasher Miles?

Nasher Miles' latest funding was a $***** Seed round on Jul 03, 2024, with participation from 20 investors. Its primary sector is Fashion Tech. In India, the Fashion Tech sector has seen $236M in funding in 2026 to date.

What is the annual revenue of Nasher Miles?

Annual revenue of Nasher Miles is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Nasher Miles rank among its competitors?

Nasher Miles ranks 6th amongst 46 active competitors, of which 16 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was NORI, which secured $350K in May, 2026.

Who are the top competitors of Nasher Miles?

Nasher Miles' top competitors include Mokobara, uppercase and Assembly. Among them, NORI secured the most recent funding round in May, 2026.

Nasher Miles - 2026 Company Profile, Team, Funding, Competitors & Financials

Nasher Miles is a seed company based in Mumbai (India), founded in 2017 by Shruti Kedia Daga. It operates as an Online retailer of travel luggage, backpacks, and related travel accessories. Nasher Miles has raised $5.96M in funding from Mfour Advisory and Singularity AMC, with a current valuation of ₹*****. The company has 46 active competitors, including 16 that are funded. Its top competitors include companies like Mokobara, uppercase and Assembly.

Company Details

Online retailer of travel luggage, backpacks, and related travel accessories. The business provides a variety of hard-side and soft-side luggage options. It also offers backpacks suitable for business, corporate, and campus use. Accessories such as luggage covers and tags are available.

Website: nashermiles.com
Social
Email ID: *****@nashermiles.com, *****@nashermiles.com
Phone Number: +91 **********
Registered Address: 1601, 16 FLR, PANCHRATNA BLDG, MAMA PARMA NAND MARG, OPERA HOUSE, Mumbai City, MUMBAI, Maharashtra, India, 400004

Key Metrics

Founded Year

2017

Location

Mumbai, India

Stage

Seed

Total Funding

$5.96M in 4 rounds

Latest Funding Round

Seed, Jul 03, 2024, $*****

Post Money Valuation

₹***** as on Aug 05, 2024

Investors

Mfour Advisory & 59 more

Ranked

6^th among 46 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

106 as on Feb 28, 2026

Similar Companies

Mokobara & 188 more

View Nasher Miles' full profile

Nasher Miles is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Nasher Miles Ventures Llp CIN: AAA-7195 , India, Active	Dec 08, 2011	₹50 - ₹100 Cr (As on Mar 31, 2025)	5 (As on Feb 28, 2026)
NASHER MILES PRIVATE LIMITED CIN: U51900MH1990PTC055458 , India, Active	Feb 15, 1990	₹100 - ₹500 Cr (As on Mar 31, 2025)	93 (As on Mar 01, 2026)

Nasher Miles has raised a total funding of $5.96M over 4 rounds. Its first funding round was on 2017. Its latest funding round was a Seed round on Jul 03, 2024 for $*****. 20 investors participated in its latest round. Nasher Miles has 29 institutional investors and 31 angel investors.

Here is the list of recent funding rounds of Nasher Miles:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 03, 2024	9981373	Seed	5236513	1905611	5043470	8806092
Feb 14, 2024	7773222	Seed	6751059	8237535	7441428	SailThru Ventures & 8 more
Mar 31, 2018	7239279	Seed	2476303	2401922	Mfour Advisory & 2 more	Bal Kishan Sharma & 9 more

Access funding benchmarks and valuations. Sign up today!

View details of Nasher Miles's funding rounds and investors

The founders of Nasher Miles is Shruti Kedia Daga.

Here are the details of Nasher Miles' key team members:

Shruti Kedia Daga: Co-Founder & Head Of Marketing of Nasher Miles. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number

Nasher Miles' Board of Directors

Nasher Miles's board has 3 active members. Shruti Kedia Daga, Lokesh Daga and Abhishek Daga are part of team.

Here is the list of Nasher Miles' board of directors:

Name	Type	Representing	Status	Duration
xipbpyl	Team	-	Past	1y 8m
ju{qxcy	Team	-	Past	5y 5m
zkwrtly	Team	-	Past	6y 4m
nnctvtf	Independent board member	-	Past	9y 9m

View details of Nasher Miles's Founder profiles and Board Members

Nasher Miles' employee count trend

Nasher Miles has 106 employees as of Feb 26. The total employee count is 10.0% more than what it was in Feb 25. Here is Nasher Miles's employee count trend over the years:

Uncover Nasher Miles' growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Nasher Miles include Mokobara, uppercase and Assembly. Here is the list of Top 10 competitors of Nasher Miles, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Mokobara 2019, Bengaluru (India), Series B	Retailer of luggage suitcases backpacks totes and various travel accessories	$24.1M	Sauce, Saama & 58 others	74/100
2nd	uppercase 2021, Mumbai (India), Series B	Online retailer of eco-friendly backpacks, trolley bags, duffle bags, and accessories	$22.1M	Sixth Sense Ventures, Accel & 24 others	68/100
3rd	Assembly 2018, Gurugram (India), Series A	Online retailer of travel bags, luggage, backpacks, and accessories	$2.48M	Smile Group, Anicut Capital & 42 others	56/100
4th	Arctic Fox 2018, Bengaluru (India), Unfunded	Internet-first brand offering bags and luggage	-	-	54/100
5th	Fur Jaden 2015, Mumbai (India), Seed	Designer and retailer of luggage and backpacks	$1.1M	Gruhas Collective Consumer Fund, Glance Finance ... & 7 others	51/100
6th	Nasher Miles 2017, Mumbai (India), Seed	Online retailer of travel luggage, backpacks, and related travel accessories	$5.96M	Parishi Capital, Singularity AMC & 58 others	50/100
7th	EUME 2018, Mumbai (India), Series A	Online retailer offering luggage, bags, and accessories	$5.23M	Himalaya Finance & Investment, Mumbai Angels ... & 33 others	48/100
8th	Gokyo 2020, Mumbai (India), Seed	Platform offering outdoor clothing and gear for trekking and travel	$198K	Samco	46/100
9th	Urban Tribe 2015, Mumbai (India), Seed	Stylish, durable bags for modern lifestyles	$656K	Dinero Wealth Advisors	45/100
10th	NORI 2025, Bengaluru (India), Seed	Provider of a direct-to-consumer travel accessories and luggage brand offering bags, organisers, and travel gear	$720K	Rebalance, Seamark Mercantile & 40 others	45/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Nasher Miles's competitors? Click here to see the top ones

Founders (largest shareholder) own 65.75%, Funds own 1.96%, Enterprises own 8.86% and Angels own 6.60%. The net worth of Nasher Miles's founders is INR 162Cr as of Aug 05, 2024.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	65.75%	162Cr	3497999	7364441	5303992	9003180
Shruti Kedia Daga	633965	770200	855471	602974	966862	253015
Fund	1.96%	4.84Cr	8	3	2	3
Singularity AMC	0	0	0	0	0	0
Enterprise	8.86%	21.8Cr	2970305	4090550	6756738	7161804
Angel	6.60%	16.3Cr	108961	583861	502597	241963
Pannalal Manicklal Daga	99923	42748	93445	16202	47930	11735
Anupam Mittal	0	0	0	0	0	0
ESOP Pool	7.68%	18.9Cr	9911774	2586147	6464536	6729176
Other Investors	9.14%	22.5Cr	7648470	4980553	9970237	4576426
Total	99.99%	246Cr	3090008	2357391	8565877	9414306