DailyObjects raises ₹332 crore led by Xponentia, others at ₹1,050 crore valuation

Mumbai: DailyObjects, a design-led lifestyle-tech brand from India, has raised ₹332 crore in a mix of primary and secondary transactions, led by Xponentia Capital Partners, Anicut Capital, and Axiom Asia Private Capital, at a valuation of about ₹1,050 crore, it said in a statement.Roots Ventures, an early investor in the company, is partially exiting in the current round with an 18x return on its investment, while continuing as a shareholder in DailyObjects alongside 360 One Asset and Trifecta Capital. The…