Nasher Miles: Packed Up to Clock Rs 200 Crore in FY26 It operates as a multi-channel retailer in the mass premium segment of luggage and backpacks, present on all leading e-commerce and quick commerce platforms, and now expanding into offline retail

By Ayushman Baruah

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Abhishek Daga, Founder and Chairman, Nasher Miles

Nasher Miles began its startup journey in 2014 as online retailers across multiple categories – from appliances and lighting to sunglasses, handbags, and luggage. "We were active on all major e-commerce platforms including Amazon, Flipkart, Tata Cliq, and Myntra," says Abhishek Daga, Founder and Chairman, Nasher Miles.

"During this phase as online resellers, we noticed a significant gap in the luggage market. Most established brands were offering very basic options – black, blue, and grey – with limited design variety. At the same time, we observed that the new generation of travelers was open to experimenting with bold, vibrant, and unconventional colors and designs – something rarely seen in luggage products. With India's travel sector booming, we saw a clear opportunity," says Abhiskek.

This insight, combined with a strong gut instinct, led to the birth of Nasher Miles in August 2017. Founded by Abhishek Daga, Lokesh Daga, and Shruti Kedia Daga, Nasher Miles started as one of India's early D2C luggage brands. The brand quickly built a reputation for offering a wide variety of colors and designs in the online ecosystem.

Nasher Miles operates as a multi-channel retailer in the mass premium segment of luggage and backpacks. It is present on all leading e-commerce and quick commerce platforms, and now expanding into offline retail with over 1,150 multi-brand outlets and three exclusive brand outlets set to launch soon.

Moving Ahead

Nasher Miles is in advanced discussions to enter top modern trade stores such as Lulu and Lifestyle, says Abhiskek.

"While our core focus remains on polypropylene hard luggage, we have recently expanded into backpacks and travel accessories like luggage covers and neck pillows. Our target audience includes Gen Z, millennials, and young urban professionals, but we are also gaining strong traction in tie-2 and tier-3 cities, a testament to our growing offline presence and our resonance with aspirational India," he says.

In a notable shift, the brand recently completed its first export order to the Middle East. "Within the past year, we have pivoted from being 88 per cent import-dependent to becoming a major domestic producer. By June 2025, we aim to source 70 per cent of our products locally," says Abhiskek.

Quick commerce has given impressive growth for the brand. "We are currently doing a monthly sellout of over INR 75 lakh through Q-commerce platforms – a figure that we expect to more than double in the next two quarters," says says Abhiskek.

In terms of growth plans, Nasher Miles started modestly with a topline of INR 2.2 crore in 2017-18. "For FY 2024–25, we are on track to close at INR 120 crore. Our goal for FY 2025-26 is to reach a topline of INR 200 crore," says Abhiskek.

Company Facts

• Year of Inception: 2017
• Bestselling Product: Paris
• Social Media Following:
o Instagram: 65K
o Facebook: 7.6K
o LinkedIn: 9.5K
• FY 2024–25 Turnover: ₹120 Cr
• External Funding Raised: ₹38 Cr
• Number of Employees: 106

Ayushman Baruah

Former Regional Bureau Head

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Branding

Creating a Brand: How To Build a Brand From Scratch

Every business needs good branding to succeed. Discover the basics and key tips to building a successful brand in this detailed guide.

Innovation

It's Time to Rethink Research and Development. Here's What Must Change.

R&D can't live in a lab anymore. Today's leaders fuse science, strategy, sustainability and people to turn discovery into real-world value.

Marketing

How to Better Manage Your Sales Process

Get your priorities in order, and watch sales roll in.

Business News

AI Agents Can Help Businesses Be '10 Times More Productive,' According to a Nvidia VP. Here's What They Are and How Much They Cost.

In a new interview with Entrepreneur, Nvidia's Vice President of AI Software, Kari Briski, explains how AI agents will "transform" the way we work — and sooner than you think.

Starting a Business

Passion-Driven vs. Purpose-Driven Businesses — What's the Difference, and Why Does It Matter?

Passion and purpose are both powerful forces in entrepreneurship, but they are not the same.