From Sparkle to Surge: Aukera’s Valuation Skyrockets 4.5X After $15M Series B Round
Lab-grown diamond brand Aukera is officially on fire.
In a stunning growth leap, the Bengaluru-based startup has raised $15 million in a Series B funding round, catapulting its valuation by more than 4.5X—from ₹124 crore to a whopping ₹604 crore (around $71 million).
The round was led by Peak XV Partners…
Bengaluru’s Diamond Disruptor, Aukera, Raises $15 Million to Go Big
Bengaluru-based lab-grown diamond jewellery brand Aukera just secured $15 million in fresh funding to fuel its ambitious growth in India’s fine jewellery market. The funding round was led by Peak XV Partners, with continued support from existing investors Fireside Ventures, Sparrow Capital, Prath Ventures, and Alteria…
Bengaluru-Based D2C Jewellery Brand Attracts Major Investment
GIVA, a fast-growing direct-to-consumer (D2C) fine jewellery brand based in Bengaluru, has successfully raised Rs 530 crore (approximately $63 million) in its latest funding round. The round was led by growth-stage investment firm Creaegis, with existing investors Premji Invest, Epiq Capital, and Edelweiss Discovery Fund also…
In a bold move, Priyanka Gill, the co-founder of The Good Glamm Group, has officially stepped down from her role as a venture partner at Kalaari Capital. Why? She’s venturing into exciting new territory with her own startup – COLUXE, a brand offering lab-grown diamonds in stunning, contemporary designs. Here’s everything you need to know about this fresh new venture and what’s next for…
True Diamond Secures $1 Million in Seed Funding to Spark Growth
In an exciting move for the sustainable jewellery market, True Diamond, a Mumbai-based startup specializing in high-quality lab-grown diamonds, has successfully raised $1 million in a seed funding round. The round was led by Titan Capital and saw participation from Huddle Ventures, Zeropearl Ventures, and several notable angel…
In a bold move to enhance its presence in the jewellery market, Giva, the omnichannel jewellery startup, has successfully raised ₹255 crore in an extended Series B funding round.
A Successful Funding Round
The latest funding was led by Premji Invest, Epiq Capital, and Edelweiss Discover Fund, with significant participation from Giva’s top management. This funding round was unique, with 35% of…
The lab-grown diamond industry is rapidly evolving, with a significant indicator of this shift appearing on Alibaba: a diamond-making machine priced at $200,000. This device highlights the democratization of diamond production as lab-grown gems become increasingly popular, offering consumers an affordable alternative to traditional mined diamonds.
According to reports from Ars Technica, the…
