Lab-grown diamond jewellery company Aukera raises $15 million in round led by Peak XV Partners

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Lab-grown diamond jewellery company Aukera has raised $15 million in its latest funding round led by Peak XV Partners.

Existing investors Fireside Ventures, Sparrow Capital, Prath Ventures, and Alteria Capital also participated in the round.

Aukera will use the funds to double down on its retail footprint and enhance its product offerings by investing in hiring design, merchandising, and marketing talent. Currently, the company has 13 offline stores across Bangalore, Delhi NCR, and Hyderabad. It will be adding two more in the next 10 days.

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Lab-grown diamond jewellery company Aukera raises $15 million in round led by Peak XV Partners



Lab-grown diamond jewellery company Aukera has raised $15 million in its latest funding round led by Peak XV Partners.

Existing investors Fireside Ventures, Sparrow Capital, Prath Ventures, and Alteria Capital also participated in the round.

Aukera will use the funds to double down on its retail footprint and enhance its product offerings by investing in hiring design, merchandising, and marketing talent. Currently, the company has 13 offline stores across Bangalore, Delhi NCR, and Hyderabad. It will be adding two more in the next 10 days.

Founded in…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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