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Funding

DailyObjects in talks for ₹300 crore round

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DailyObjects logo
Date
Company
DailyObjects
What it does
Talks on mixed round
Kind
Funding
Amount
₹300 crore
Stage
Growth
Based in
Gurugram
Founded
2012

What they do

The company is reported in advanced talks for a ₹300 crore round of new and existing shares led by Xponentia Capital

What happened

Valuation would rise to about ₹1,000 crore from roughly ₹400 crore at its last raise

Why it matters

Around ₹80-100 crore is secondary, letting Roots Ventures, which holds about 30%, exit

The details

  • Xponentia Capital is set to lead a ₹300 crore round.
  • Part is secondary, where older investors sell shares.
  • 360 One Asset is an existing backer.

Investors

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