CosmicTaco

DailyObjects Secures $10 Million in New Funding Round

CosmicTaco · 2024-09-17T10:42:55.197352+05:30

- DailyObjects, a D2C tech accessories brand, raised over $10 million from 360 One Ventures. - This funding comes after a 30-month gap for the Gurugram-based company. - The firm issued 8,118 convertible preference shares to raise $8.6 million. - Funds will be used for working capital, expansion, and general corporate purposes. - DailyObjects expanded its ESOP pool, increasing its value to Rs 24.65 crore. Source: [Entrackr](https://entrackr.com/2024/09/exclusive-dailyobjects-raises-8-6-mn-in-new-round/)

DailyObjects, a D2C tech accessories brand, raised over $10 million from 360 One Ventures.
This funding comes after a 30-month gap for the Gurugram-based company.
The firm issued 8,118 convertible preference shares to raise $8.6 million.
Funds will be used for working capital, expansion, and general corporate purposes.
DailyObjects expanded its ESOP pool, increasing its value to Rs 24.65 crore.

Source: Entrackr