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New-age Home Decor Startup 'Ritualistic' raises $1 million Fund

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Through a combination of main and secondary finance, Ritualistic, a home décor firm, has raised $1 million from Deep and Mohit Bajaj.

According to a news statement from Ritualistic, the new funding will be utilized to improve retail and online distribution channels, increase product lines, and fund marketing initiatives.

Ritualistic is a home décor company with roots in Indian culture and customs that was co-founded in 2018 by Shashank and Neha Jain. The brand offers a wide range of products that are intended to commemorate tradition and elevate places, from handcrafted wall plates to spiritual basics.

Ritualstic is a haven of enchanting home decor and wall decor. At Ritualstic, they celebrate the exquisite craftsmanship of artisans, bringing handcrafted treasures to adorn your spaces with charm and elegance.

The Gurugram-based business sells a variety of distinctive products, such as wall plates, ceremonial necessities, and cultural décor. While satisfying the tastes of modern consumers, the company seeks to maintain Indian heritage.

Ritualistic seeks to honor Indian customs by producing distinctive and significant goods. The company wants to encourage people to rediscover the beauty of Indian workmanship by reaching more homes and hearts.

Ritualistic asserts that it has already established a market for selling high-end, distinctive home décor items. Within a few years, the brand has a devoted following in more than 250 major Indian cities as well as a number of other nations.

To reach a wider audience, Ritualistic intends to investigate partnerships with temples, museums, and cultural institutions.