DailyObjects Raises Rs 332 Crore at Rs 1,050 Crore Valuation

Khushi Jain
October 10, 2026

Gurugram-based lifestyle and tech-accessories brand DailyObjects has raised Rs 332 crore in a funding round led by Xponentia Capital Partners, Anicut Capital and Axiom Asia Private Capital. The investment values the startup at Rs 1,050 crore on a post-money basis.

The round comprised a combination of primary funding and secondary share sales. Early investor Roots Ventures partially exited DailyObjects through the transaction, generating an 18-fold return on its investment, according to The Economic Times.

DailyObjects plans to use the funds to expand its offline retail network, strengthen research and development (R&D), develop new products and explore international markets.

Founded in 2012 by Pankaj Garg and Saurav Adlakha, DailyObjects initially focused on mobile phone cases. It later expanded its portfolio to include tech accessories, bags, charging solutions, workspace products and other lifestyle items.

DailyObjects Plans 150 Retail Stores Across India

DailyObjects plans to establish 150 standalone retail stores across India over the next five years as it expands beyond online sales channels.

The startup currently has a presence in close to 350 retail locations across more than 85 cities, including airports and select Apple Premium Reseller outlets.

Alongside its retail expansion, DailyObjects intends to invest in product design, materials, quality improvements and R&D facilities to broaden its existing product portfolio. The company is also assessing opportunities in overseas markets as part of its longer-term growth strategy.

DailyObjects Targets Rs 1,000 Crore Business

Co-founder and CEO Pankaj Garg said the investment will support the startup’s ambition to build a Rs 1,000 crore business and eventually establish a global consumer brand from India.

Garg also highlighted the importance of maintaining capital efficiency and focusing on profitable growth as the company expands its operations.

DailyObjects has outlined plans to improve profitability while expanding its physical retail presence and product categories.

FAQs

1. How much funding has DailyObjects raised?

DailyObjects has raised Rs 332 crore in a funding round led by Xponentia Capital Partners, Anicut Capital and Axiom Asia Private Capital.

2. What is DailyObjects’ valuation after the funding round?

The startup is valued at Rs 1,050 crore on a post-money basis.

3. Who founded DailyObjects?

DailyObjects was founded in 2012 by Pankaj Garg and Saurav Adlakha.

4. How many retail stores does DailyObjects plan to establish?

DailyObjects plans to establish 150 standalone retail stores across India over the next five years.

5. How does DailyObjects plan to use the funding?

The startup plans to expand its offline retail network, strengthen R&D, develop new products and explore international markets.

Khushi Jain

Editor

Khushi Jain is an editor at Startup Spotlight India, covering daily news and trending stories across startups and business. She focuses on funding updates, emerging trends, and key developments shaping India’s startup ecosystem.