DailyObjects raises Rs 332 Cr in Series C funding round
DailyObjects, a design-led lifestyle-tech brand, has raised Rs 332 crore in a Series C round of funding led by Xponentia Capital Partners, Anicut Capital, and Axiom Asia Private Capital.
Via YourStory
The funding round was a combination of primary and secondary transactions. With this, DailyObjects said it is valued at Rs 1,050 crore.
DailyObjects said in a statement that Roots Ventures, an early investor in the company, is partially exiting with a 18x return on its investment, while continuing as a shareholder alongside 360 One Asset and Trifecta Capital.
The company was founded in 2012 by Pankaj Garg and Saurav Adlakha. It plans to use the latest funding to scale its…
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