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DIAMOND JEWELLERY STARTUP
Lab-grown diamond startup So/Facet raises Rs 10 crore led by SauceThe round also saw participation from Mokobara cofounders Sangeet Agrawal and Navin Parwal, Chona Family Office (that’s behind Hocco Ice Cr...- Joosep Seitam at the age of 19 built men's jewelry e-commerce brand Icecartel, clients include Rick Ross, BigXthaPlug, Trippie ReddJoosep Seitam began earning money as a teenager by doing lawn and garden work in Estonia. He later moved into online sales and digital mark...
- The big Gen Z market taking over how India spends, saves and strategisesIndia's youngest generation now leads consumption spending with unique preferences. Gen Z's influence is reshaping brand strategies and inv...
- Aukera raises ₹90 crore debt funding to expand lab-grown diamond jewellery businessIn a significant move, lab-grown diamond brand Aukera raised ₹90 crore in debt financing, spearheaded by Alteria Capital. This influx of ca...
- ETtech Deals Digest: Cred, Sarvam mega rounds lift startup funding to $1.91 billion in June, up 91% on-yearIndian startups secured a significant $1.91 billion in June, a substantial leap from previous periods, driven by major late-stage investmen...
- Giva in talks to close Rs 150-200 crore funding at Rs 4,400-crore valuationSilver jewellery brand Giva is closing a Rs 150-200 crore funding round led by Premji Invest and Creaegis, with participation from Titan an...
- The next wave of buyers: How Tier 2 and Tier 3 consumers are driving natural diamond growthIndia's smaller cities are now powering the diamond jewellery market. Rising incomes and a desire for luxury are driving demand in these re...
- Jewellery brand Palmonas in talks to raise Rs 200-250 crore from Xponentia: SourcesShraddha Kapoor’s jewellery brand Palmonas is in discussions to raise Rs 200-250 crore from mid-market private equity firm Xponentia Capita...
- Lab-grown diamond jewellery firm Lucira raises $5.5 million in its maiden funding roundAccording to cofounder Rupesh Jain, the company will use the funds to expand offline operations, strengthen its team and step up marketing ...
- Lab grown diamond startup Jewelbox raises $3.2 million from V3 Ventures, othersKolkata-based lab-grown diamond jewellery brand Jewelbox plans to use the funds to expand its retail footprint across India, strengthen bra...
- Lab grown diamond startup Firefly raises $3 million from WestBridge Capital, othersFirefly, a lab-grown diamond startup, operates stores in Mumbai, Pune, Bengaluru, and Hyderabad, and aims to scale up to more than 20 locat...
- ETtech deals digest: Startups raise $198 million this week, up 65% on-yearStartups raised $198.3 million between February 1-7, a 65.2% increase from last year. Key deals include Myntra’s $81 million, Cashfree Paym...
- Unacademy-Allen deal; Swiggy Q2 earningsHappy Wednesday! Unacademy and Allen Career Institute have been in talks to strike a deal but the terms are yet unclear. We have details of...
- Removal of angel tax for startups to help attract investors: Piyush GoyalAngel tax (income tax at 30% rate) was imposed on funding raised by unlisted companies, or startups, if their valuation exceeded the compan...
- Akshaya Tritiya buyers see the bright side; Q-comm coin deliveries see a hitIndustry executives in Kolkata predict a 20% year-on-year increase in Akshaya Tritiya sales value due to higher gold prices. Lightweight je...
- Costly gold may drive up demand for silver in rural IndiaGold and diamond jewellery are set to turn costlier following the imposition of 1% excise duty in the Union Budget for 2016-17.
- India’s jewellery market offers a massive opportunity for online startupsDespite a massive market — India’s jewellery market is worth some $50 billion (Rs 3,15,700 crore).
- Traditional jewellery retailers to sell on AmazonSeveral brands such as the 126-year-old Orra, Mumbai based Tara Jewellers, Mehrasons Jewellers from New Delhi, among others have entered in...
- Mahesh Bhupathi gets online jewellery startup to make IPTL trophyA Mumbai-based online jewellery startup, co-founded by a former Microsoft executive, has created this piece of art for the league.
- Special safety measures for online purchases of jewelleryCaratlane sends the finished product to the Mumbai lab of the Gemological Institute of America, where stones are recertified and sealed.
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