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Funding · Commerce & Consumer Brands

HomeEssentials raises ₹70 crore in pre-Series B

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Date
Company
HomeEssentials
What it does
D2C home and kitchen essentials brand
Kind
Funding
Amount
₹70 Cr
Stage
pre-Series B
Based in
Gurgaon
Founded
2024
Sector
Commerce & Consumer Brands

What they do

HomeEssentials sells home and kitchen essentials online with a design-first approach

What happened

It raised ₹70 crore ($8 million) led by 360 ONE Asset, with India Quotient also investing

Why it matters

The funds will be used for omnichannel expansion and supply chain strengthening

The details

  • HomeEssentials raised ₹70 crore ($8 million) in a pre-Series B round.
  • The round was led by 360 ONE Asset, a Mumbai-based wealth and asset manager.
  • Existing investor India Quotient also participated in the round.
  • The company will use the funds for omnichannel expansion, supply chain strengthening, and product portfolio deepening.
  • It plans to open 20 stores across Tier 1 and Tier 2 cities by the end of 2026.
  • The brand focuses on kitchen and home improvement categories.

The bigger picture

  • The company has served over 1 million customers since its founding in 2024.
  • It targets 5 million households and aims for ₹500 crore revenue in 2-3 years.
  • HomeEssentials maintains positive unit economics and focuses on profitability.

About the business

  • HomeEssentials is a D2C brand for home and kitchen essentials.
  • It follows a design-first approach, bridging luxury and unbranded utility.
  • The product range includes over 1,000 products across storage, cookware, furniture, and décor.
  • The company was founded in 2024 in Gwalior and is headquartered in Gurgaon.
  • It has served over 1 million customers since inception.
  • The company maintains positive unit economics with a focus on profitability.

What happens next

  • Open 20 stores across Tier 1 and Tier 2 cities by end of 2026.
  • Expand omnichannel presence and strengthen supply chain.
  • Deepen product portfolio in kitchen and home improvement categories.
  • Target 5 million households and ₹500 crore revenue in 2-3 years.

The deal

Type
funding

Investors

Founders

  • Tanishq Jain, CEO
  • Divyam Jain, CMO

About HomeEssentials

Product
D2C home and kitchen brand
Customers
Consumers buying home, kitchen, and home-improvement products
How it makes money
Sells directly to consumers through a mix of online and retail channels
What sets it apart
Design-first, budget-friendly products positioned between premium brands and unbranded utility items

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