The Gurugram-based company said it plans to use the fresh funding for building a stronger design team and customer experiences.
Founded by Pankaj Garg and Saurav Adlakha, DailyObjects works with more than 500 craftsmen catering to the everyday requirements of more than 2 million customers and users globally.
“As we look forward to scaling up the lifestyle products/accessories in India, we will be utilizing the incoming funding to strengthen the team that has constantly innovated ahead of the curve. We are delighted with the trust and faith that Roots Ventures showed in us and are focused on taking the brand to the next level,” cofounder and CEO Garg said.
The company claims to have logged a 300% surge in 2022 and is hopeful to touch Rs 100 crore revenue run rate in the next 9-12 months.
“With multiple product offerings under a single umbrella and its expansion across the world, we believe in the excitement that DailyObjects has brought in the D2C space. We are excited to be a part of their journey,” Japan Vyas, managing partner, Roots Ventures said.
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