Lifestyle-tech brand DailyObjects has raised Rs 332 crore in a funding round led by Xponentia Capital, Anicut Capital and Axiom Asia Private Capital, valuing the company at around Rs 1,050 crore. The capital will fuel 150 exclusive brand outlets across India over five years, product innovation and overseas expansion. Early investor Roots Ventures partially exits with an 18X return.
DailyObjects Raises Rs 332 Crore, Valued at Rs 1,050 Crore
Source: Moneycontrol