Sunday Design, furniture and home decor brand, has raised $1.5 million 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.
To produce and market high-end furniture, Gautam Baid founded Sunday Design in 2021. According to the company, it has expanded at a 10% monthly rate since its inception.
“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 of Sunday Design.
By opening retail locations in Mumbai and Bengaluru and an e-commerce platform, Sunday Design aims to leverage the fresh capital to increase its online and physical presence.