Aukera, a lab-grown diamond jewellery brand, has raised Rs 90 crore in a fresh round of funding led by existing investor Alteria Capital, along with InnoVen Capital, Lighthouse Canton, and a leading bank.
Aukera said it will use the fresh capital for opening new stores, invest in design, product innovation and talent.
Besides, the funding will also be used to strengthen its omnichannel infrastructure.
Founded in 2023 by Lisa Mukhedkar and Kumar Saurabh, Aukera has raised $15 million previously from Peak XV Partners, Fireside Ventures, Sparrow Capital, Prath Ventures, and Alteria Capital.
“This category will not be won on discounting—it will be won on trust, quality and brand,” said Lisa Mukhedkar, Founder & CEO, Aukera. “This capital lets us take that promise to many more cities, faster."
