D2C Home and Kitchen Brand HomeEssentials Raises ₹70 crore in Pre Series B Funding

HomeEssentials, a direct to consumer home and kitchen brand founded in 2024, announced a pre–Series B funding round that raised ₹70 crore, with 360 ONE Asset as the lead investor and participation from India Quotient. 

HomeEssentials Secures ₹70 crore Pre Series B Funding 

The fresh capital of ₹70 crore will be deployed to broaden the company’s physical store network across Tier I and Tier II cities, strengthen supply chain capabilities and enrich its product range in kitchen and home improvement segments.  

Co‑founder and CEO Tanishq Jain highlighted that the funding enables a transition from a strong online presence to thoughtfully designed retail outlets, accelerating the build‑out of a nationwide footprint. 

Use of Funds and Expansion Plans 

Key allocations include opening new stores in major metropolitan areas, upgrading logistics infrastructure to support faster delivery, and investing in technology platforms that integrate online and offline sales channels. The company also intends to deepen relationships with manufacturers to ensure a steady flow of design led, affordable household items. 

Read More: Beauty and Personal Care Startup Puresta Raises ₹34 Crore to Build AI Powered Dermatology Platform! 

Product Portfolio and Market Positioning 

HomeEssentials offers a range of storage solutions, cookware, furniture and décor items that combine aesthetic appeal with functional design. The brand targets a fragmented market segment by providing consistent quality at accessible price points, aiming to become a recognised destination for home and kitchen needs in India. 

Revenue Ambition 

The management has set a target of achieving ₹500 crore in revenue over the next three years, reflecting the scale of its expansion strategy and the anticipated uptake of its expanded product catalogue. 

Conclusion 

HomeEssentials has raised ₹70 crore in a pre Series B round led by 360 ONE Asset, with plans to expand its omnichannel presence, enhance supply chain efficiency and broaden its product portfolio. The company also aims to reach ₹500 crore revenue within three years. 

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