DailyObjects
DailyObjects is expanding, having raised a Series C of $34.3 Mn in October (Inc42, 10 Oct) and targeting ₹400 crore FY27 revenue with a push from 13 exclusive outlets to about 150 (CNBC-TV18, 12 Aug). The brand still has to reach EBITDA positivity, which it targets for FY27 (CNBC-TV18).
What it means Retail accessories rivals face a funded competitor adding stores in malls, airports and Tier-II markets.
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
Background
From 8 stories, the newest dated 10 Oct 2026. Summary written 16 Oct 2026.
Show 3 paragraphs and 8 sources
DailyObjects is an Indian lifestyle-tech brand that operates 250+ retail spaces across 85+ Indian cities, Mint reported in September 2026. [1] source: Mint It sells phone cases, and in October 2026 it launched Stack cases for the iPhone 18 Pro priced from ₹1,999 to ₹2,499. [2] source: Hindustan Times Entrackr put its current retail touchpoints at nearly 350 in October 2026. [3] source: Entrackr
In October 2026 DailyObjects raised a Series C of $34.3 Mn (Rs 332 crore) at a post-round valuation of ₹1,050 Cr. [4] source: Inc42[5] source: YourStory[6] source: Inc42 The round was led by Xponentia, Anicut and Axiom Asia, and early investor Roots Ventures partially exited with an 18X return. [3] source: Entrackr Inc42 said the funds go to the offline network, R&D and global plans, with 150 exclusive brand outlets planned over five years. [6] source: Inc42 FY25 operating revenue was Rs 110 crore, up 31%. [3] source: Entrackr Mint reported an FY25 loss of ₹15.91 crore versus ₹10.07 crore in FY24. [1] source: Mint DailyObjects targets ₹400 crore FY27 revenue and EBITDA positivity. [7] source: CNBC-TV18[8] source: The Hindu BusinessLine
In July 2026 The Hindu BusinessLine reported 30-35 stores planned this year and 15 stores signed, against 13 current EBOs. [8] source: The Hindu BusinessLine In August 2026 CNBC-TV18 reported that DailyObjects was adding airport locations and doubling its Apple-authorised retail presence. [7] source: CNBC-TV18
Sources
- DailyObjects raises Rs 332 crore Series C at around Rs 1,050 crore valuation, plans 150 exclusive stores in five years
- Indian startups raise $122.9 Mn in a week, down 47.4%; DailyObjects leads with $34.3 Mn Series C
- DailyObjects raises $34.3 Mn Series C at ₹1,050 Cr valuation to build 150 EBOs over five years
Questions about DailyObjects
What are DailyObjects' expansion plans?
DailyObjects plans 150 exclusive brand outlets over five years, funded partly by its October 2026 Series C. [6] source: Inc42 In July 2026 it said expansion would cover metros and Tier-II cities, including Indore, Ludhiana, Patna, Vizag, Lucknow and Surat, with stores in malls, airports and technology hubs. [8] source: The Hindu BusinessLine
How fast is DailyObjects growing in India?
DailyObjects reported FY25 operating revenue of ₹110.3 crore, up from ₹84.4 crore in FY24, with its FY25 loss widening to ₹15.91 crore from ₹10.07 crore. [1] source: Mint Entrackr put FY25 operating revenue growth at 31%. [3] source: Entrackr
What is DailyObjects' current strategy in India?
In August 2026 DailyObjects said it was adding airport locations and doubling its Apple-authorised retail presence. [7] source: CNBC-TV18 In October 2026 it raised a $34.3 Mn Series C for its offline network, R&D and global plans, and launched iPhone 18 Pro Stack cases from ₹1,999. [6] source: Inc42[2] source: Hindustan Times