Debt financing
Lab-grown diamond jewellery brand Aukera raises Rs.90-Cr led by Alteria Capital
Bengaluru-based Aukera has raised INR 90 crore in a fresh funding round led by Alteria Capital, with participation from InnoVen Capital, Lighthouse Canton and a bank.Founded in 2023 by Akash Khandelwal and Yash Khandelwal, the company specializes in designing and retailing gold, diamond, and gemstone jewellery, offering collections through its omnichannel retail and digital platform.The firm plans to use the new capital to accelerate the opening of stores in new and existing markets, continue investing in design, product innovation, and talent, and strengthen the omnichannel infrastructure supporting its retail business.
Between Jan 2024 and Apr 2025, Aukera had attracted about $19-M from Prath Ventures, Sparrow Capital, Fireside Ventures, Sadev Ventures, Alteria Capital, Peak XV Partners, and others.For FY25, Aukera had reported about Rs.27-Cr in Operating Income and about Rs.8-Cr in Net Loss.
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