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HomeEssentials, a D2C home and kitchen brand, has raised INR 70 crore in a Pre-Series B funding round led by 360 ONE Asset. Existing investor India Quotient also participated in the round.
Earlier, the Gwalior-based company had secured USD 2.2 million in seed funding from India Quotient and other investors.
Founded in 2024 by brothers Tanishq Jain and Divyam Jain in Gwalior, HomeEssentials operates as a digital-first brand offering over 1,000 products across categories such as storage, cookware, furniture and decor. Its portfolio includes kitchen storage containers, cookware, home organisation items, bathroom accessories and decorative products.
The startup said the newly raised funds will be used to expand its omnichannel presence and strengthen its product range in the kitchen and home improvement segments. Plans include investments in offline retail expansion, supply chain capabilities and product development.
HomeEssentials aims to reach INR 500 crore in revenue over the next three years and serve five million households across India. Since its launch, the brand claims to have served more than one million customers while maintaining a focus on profitability. It plans to operate 20 offline stores nationwide by the end of this year.
The startup competes with brands such as Home Centre, Nestesia and IKEA.
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