PE-VC Fund Investments
Lab diamonds seller Lucira raises $5.5 M led by Blume, Spring Marketing Capital
Mumbai-based lab-grown diamond jewellery brand Lucira has raised USD 5.5 million in its maiden funding round led by Blume Ventures and Spring Marketing Capital. The round also saw participation from SiriusOne Capital Fund and angel investors, including the founders of Dot and Key, Livspace and Snitch.Founded in May this year by Rupesh Jain and Vandana Jain, the company has a catalogue of nearly 1,000 products.The company will use the funds to expand offline operations, strengthen its team, and increase marketing efforts.
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