D2C home appliances brand Candes raises $3-M from family offices

New Delhi-based direct-to-consumer (D2C) home appliances brand Candes has raised USD 3 million from various family offices located in Delhi. The round was led by Anuraag and Ruchirans Jaipuria along with Lotus group JMD Nitin Passi and Redcliffe's Dheeraj Jain. Candes was founded by Delhi-based brother-entrepreneurs Sandeep Agarwal and Vipin Agarwal in 2015 and claims to provide a range of home appliances at affordable prices.