May 28, 2024

Nice Maple to open stores in Bangalore, Hyderabad, Chennai, and Mumbai in the next six months; received 5M USD VC funds

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Nice Maple plans to expand its retail presence with centres in Bangalore, Hyderabad, Chennai, and Mumbai

New Delhi (India), February 3: Nice Maple, a rising brand that has become synonymous with providing high-quality, customized furniture at affordable prices, has set its eye on expanding its retail presence with new experience centers in Bangalore, Hyderabad, Chennai, and Mumbai in the next six months. The expansion is powered by robust venture capitalist funding worth  5 million USD, recently secured from a well-known Singapore-based firm.

Focusing on enhanced customer engagement, the ongoing expansion via the experience centers will allow customers in the metro cities to have a premium retail experience. Owing to its consumer-first business philosophy, in over 5 years, Nice Maple has created its own niche in the widespread furniture business across e-commerce and retail spaces. The company strives to offer the luxury of first-rate designer products with a bespoke feel at prices comfortable for the middle class.

Devanshu Kapoor, Founder of Nice Maple, said, “We are delighted to announce our new expansion plans. The VC funds from Singapore will bring us a step closer to our long-standing ambition to have a pan-India retail presence. With our unique and personalized designer furniture, we have already served several happy customers across the country, and the new experience centers will add a premium to our customers’ shopping luxury. “Focusing on quality, affordability, and customization, we have carved out a special place with the consumer, and with the aim to reach more people, we plan to expand our presence in the future.”

After a long run of success as a proprietorship since its inception in 2017, Nice Maple began a new chapter of its operations in 2022, becoming a private limited company. With over 500 designs available in the catalog, the furniture merchant seeks to attract its long-standing clientele via its USP: making customization at the best price without compromising on quality. With their retail as well as online purchases, customers can personalize color, fabric, storage, size, and more.

Additionally, Nice Maple also offers a free home visit facility to Gurgaon and Mumbai-based customers, offering them, from the comfort of their homes, expert assistance in fabric selection for harmonizing the aesthetics of their living spaces. Soon, this service will be available across metros. Moreover, the company also has a try-and-buy option in select locations, along with a consumer-friendly policy to return the products upon delivery if damaged or different from the online image.

Reflecting Nice Maple’s commitment to excellence, its strong e-commerce presence across the country, and steady footfall at the popular experience center in Sector 48 Gurgaon. Further, the quality of the products not only attracts residential customers but also commercial ones as well as celebrities such as Ranina Reddy, Jhanvi Kapoor, Anchal Singh, and Madhu Mantena, who have strongly recommended the brand.

Further to its efforts toward customer satisfaction, the company offers free delivery and installation. To improve on the front of product delivery and pan-India delivery services, Nice Maple, as part of its future expansion plans, has applied for Series 2 funding and is poised for growth in the coming financial year.

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