Lab-grown diamonds seller Aukera raises $15-M from Peak XV, others

Bengaluru-based lab-grown diamonds player Aukera Jewellery has raised USD 15 million in its latest funding round led by Peak XV Partners. Existing investors Fireside Ventures, Sparrow Capital, Prath Ventures and Alteria Capital also participated in the round.Aukera will use the funds to expand its retail footprint and enhance its product offerings by investing in hiring design, merchandising, and marketing talent. Founded in 2023 by Lisa Mukhedkar and Kumar Saurabh, the company has 13 offline stores. It will be adding two more shortly.