D’Moksha Homes has raised $575,000 in an angel seed round to expand its eco-friendly home fashion brand, focusing on sustainable textiles and social responsibility.

Information on the Target

D’Moksha Homes is a direct-to-consumer (D2C) eco-friendly home fashion brand that specializes in providing luxury, handcrafted home linens made from sustainable fabrics, including linen, hemp, and lyocell. Since its launch in October 2020, the company has successfully catered to over 20,000 customers across the United States, Canada, and Mexico, with an impressive 20% of these customers making repeat purchases. D’Moksha Homes is committed to profitability, achieving remarkable gross margins of nearly 80% shortly after its inception.

The brand's vision extends beyond sustainable home textiles; it aims to empower local artisans and contribute to educational initiatives for the girl child in India, directing a portion of its sales proceeds to this cause. The founders, Manav and Nimisha Dhanda, have shifted from traditional careers in banking and media to establish a brand that they believe will resonate with eco-conscious consumers globally.

Industry Overview in India

The textile industry in India represents a vital sector in the nation’s economy, encompassing a rich history of craftsmanship and artistry. However, it has been criticized for primarily focusing on job work for