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Funding

DailyObjects raises $2 million from Roots Ventures

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DailyObjects logo
Date
Company
DailyObjects
What it does
Gurugram design accessories brand
Kind
Funding
Amount
$2 million
Stage
Seed
Based in
Gurugram
Founded
2012

What they do

Roots Ventures, an early-stage venture capital firm, put $2 million into the Gurugram-based maker of design-led phone and laptop accessories

What happened

The money will go towards a stronger design team and better customer experiences across the brand's online store

Why it matters

The founders said sales had jumped about three times and they hoped to reach a ₹100 crore yearly run rate within a year

The details

  • Roots Ventures invested $2 million in DailyObjects.
  • The firm sells over 5,000 designer, customisable phone cases and laptop sleeves.
  • It works with more than 500 craftsmen and serves over 2 million users.

Investors

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