Sunday Design, a global furniture and home decor brand, announced it has raised $1.5 million (Rs 12.5 crore) in a pre-Series A funding round. QRG Investment & Holdings (the family office of Havells India Limited Founders), Kama Group (family office of SRF Ltd), KCT family office, and other existing investors participated in the funding round.
Commenting on the development, Gautam Baid, Founder and Managing Director of Sunday Design, said, “With this new investment, we intend to “collaborate” with top European designers and grow our footprint in an omni-channel format, introducing new and exciting product lines on a strategic basis. We aim to achieve 100% growth over the coming two fiscal years.”
Launched in October 2021, the company had earlier raised $1.25 million from Baid and his partner Vinit Agarwal, as well as venture capitalists Sanjay Kapoor, Abhishek Goyal, Gurjeet Singh Bains, Sirca Paints India’s Apoorv Agarwal, and I-Evo’s Manan Khetan.
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