Furniture and home décor brand Sunday Design has raised $1.5 million in funding from a clutch of family offices, including those of Havells India (QRG Investment & Holdings), SRF Ltd (Kama Group) and coal logistics firm KCT Group, among others.
Started by Gautam Baid in 2021, Sunday Design works with Italian designers to make and sell premium quality furniture. Since its inception, the firm claims to have grown at a monthly rate of 10%.
“We are grateful for the trust of our new and existing investors, who have encouraged us to harness this vision and make a greater impact. With this investment, we intend to collaborate with top European designers and grow our footprint in an omnichannel format by introducing product lines on a strategic basis,” said Baid, founder Sunday Design.
Sunday Design plans to use the fresh capital to expand its online and offline presence by launching retail stores in Bengaluru and Mumbai, along with an e-commerce platform.
