Mumbai, Oct. 8 -- DailyObjects, a design-led lifestyle-tech brand from India, has raised Rs.332 crore in a mix of primary and secondary transactions, led by Xponentia Capital Partners, Anicut Capital, and Axiom Asia Private Capital, at a valuation of about Rs.1,050 crore, it said in a statement.

Roots Ventures, an early investor in the company, is partially exiting in the current round with an 18x return on its investment, while continuing as a shareholder in DailyObjects alongside 360 One Asset and Trifecta Capital. The Rainmaker Group acted as the exclusive advisor to the transaction.

Mint reported on 21 September that the company planned to finalize a funding round led by Xponentia Capital and Anicut Capital's growth equity fund.

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