Sunday Design, a company that sells furniture and home goods, 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 company KCT Group, among others.
Sunday Design, founded in 2021 by Gautam Baid, produces and markets high-end furniture in collaboration with Italian designers. The company states that 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 Sunday Design.
By opening retail locations in Mumbai and Bengaluru, as well as an online shopping platform, Sunday Design intends to leverage the additional funding to increase both its online and physical presence.