DailyObjects raises ₹332 Cr Series C
By Abha Lohia ·
- DailyObjects sells design-led phone cases, tech accessories, bags and workspace products through online and its own stores
- The company closed a Series C of ₹332 crore, mixing fresh money and share sales, at about ₹1,050 crore valuation
- Funds go to 150 new brand stores over five years, product research and overseas expansion; Roots Ventures partly exited
What happened
- DailyObjects closed a Series C of ₹332 crore.
- The round mixes primary and secondary share deals.
- It values the company near ₹1,050 crore.
- Xponentia, Anicut and Axiom Asia led the round.
- Early backer Roots Ventures sold part of its stake.
Why it matters
- The money funds 150 own stores across India over five years.
- It also backs product design, materials and R&D.
- International markets are on the list.
The business
- Started in 2012 with phone cases.
- Now sells tech, carry, workspace and lifestyle products.
- About 350 retail touchpoints, including Apple Premium Reseller outlets.
- Says it focuses on capital efficiency and profitable growth.
The founders
Who put in money
- Xponentia Capital Partners lead
- Anicut Capital lead
- Axiom Asia Private Capital lead
- Roots Ventures early investor, partial exit (18X return)
- 360 One Asset existing investor
- Trifecta Capital existing investor
In numbers
nearly $50MTotal funding raised · 2026
about 350Retail touchpoints · 2026
What happens next
- Open 150 exclusive stores over five years.
Earlier rounds
- Series C ₹332 Cr (Oct 2026)
Words to know
- Secondary
- existing shareholders selling shares to new investors
Other articles talking about it
Terms in this story
- Funding stage: Startups raise money in steps called funding stages: pre-seed, seed, Series A, B, C and later, ending in a stock-market listing or a sale. Each step is larger than the last and asks for more proof.
- Series B/C: Series B, C, D and later rounds are growth rounds: large cheques that help a startup with a proven model expand faster, enter new markets or move toward profit and a listing.
- Valuation: A startup's valuation is the price investors agree the whole company is worth. For young companies it is set by negotiation and comparison, not by a formula.
More on DailyObjects
- DADailyObjects · People · 26 September 2026DailyObjects appoints Zeenah Vilcassim as global marketing lead
- DADailyObjects · Funding · 24 September 2026 · ₹350 croreDailyObjects is in talks to raise ₹350 crore led by Xponentia and Anicut Capital
- DADailyObjects · Launch · 4 September 2026DailyObjects debuts at IFA Berlin 2026
- DADailyObjects · News · 22 July 2026DailyObjects plans 150 stores over five years
- DADailyObjects · News · 30 May 2026DailyObjects eyes IPO in three to four years
- DADailyObjects · Launch · 26 May 2026DailyObjects launches NODE modular wireless charger
- DADailyObjects · Funding · 11 May 2026 · ₹300 croreDailyObjects in talks for ₹300 crore round
- DADailyObjects · Results · 20 March 2026DailyObjects projects FY26 revenue to double
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