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Deal: Trilegal advised DailyObjects on its INR 332 crores Series C funding round led by Xponentia Capital Partners, Anicut Capital, and Axiom Asia

16 Oct 2026

Trilegal acted as the legal advisor to Firki Wholesale Private Limited (Brand Name – ‘DailyObjects’) on its Series C funding round of approximately INR 332 crores led by Xponentia Capital Partners, Anicut Capital, and Axiom Asia Private Capital, (“Transaction“). The Transaction is structured as a combination of a primary infusion of capital into Daily Objects by Xponentia Capital Partners, Anicut Capital, Axiom Asia Private Capital, Sattva Family Office, and certain angel investors and a secondary sale of securities by an existing institutional investor and founders of DailyObjects.

DailyObjects is a design-first, scaled lifestyle-tech brand that creates customized handbags, wallets, home office products and other similar tech and lifestyle products for day-to-day use.

Trilegal’s scope of work involved: (a) drafting, negotiating and finalizing the transaction documents including shareholders’ agreement, share subscription agreement, share purchase agreement, and employment agreements; (b) assistance in relation to completion of conditions precedent and closing actions under the transaction documents; and (c) advising and assisting Daily Objects on ancillary structuring aspects in relation to the Transaction.

The fundraise will power DailyObjects’ next chapter, expanding on the exclusive brand outlets, deepening its design and research and development capabilities to bring more distinctive products to its existing categories, and laying the groundwork for international expansion, as it works towards building a global design led consumer brand from India.

The Trilegal Corporate Team advising on this matter was led by Partner: Nikhil Sachdeva; and supported by Counsel: Narayan Gupta; Senior Associate: Tushar Bakshi; and Associates: Ayush Sharma and Aman Bhardwaj

About Trilegal

Trilegal is a leading full-service law firm in India with over 25 years of experience, trusted for its in-depth expertise and client-centric approach. The firm advises a diverse set of clients, including Fortune 500 companies, global investment funds, major Indian conglomerates, domestic and international banks, technology and media giants, family offices, and high-net-worth individuals. Operating under a distinctive lockstep model, Trilegal is the largest equity partnership in the country, with offices across Mumbai, Delhi, Gurugram, Bengaluru, Chennai, Pune, and GIFT City

Trilegal has consistently been recognised among India’s top-tier firms in leading legal directories such as Chambers & Partners (Asia Pacific and Global), Legal 500 Asia Pacific, and Benchmark Litigation. It has also earned several prestigious accolades, including being named Law Firm of the Year at the ET Global Legal Awards 2026, Best Overall Law Firm by India Business Law Journal (IBLJ) 2025, Innovative Lawyers in Disputes & Crisis Management by the Financial Times (FT) Innovative Lawyers Asia-Pacific Awards in 2025, and M&A Firm of the Year by IFLR Asia-Pacific in 2024.

For more information, please get in touch with Prakruti Jani | Mob: +91-9867868976 | BD@trilegal.com.

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