Lab-grown diamond jewellery start-up Aukera raises $15 million, to expand network  


Lab-Groe Diamond Jewelery Company Okra said on Monday that it has gathered $ 15 million in Growth Capital led by Peak XV Partners, with a follow-up with existing investors including Fireside Ventures, Sparrow Capital, Prathet Ventures and Alteria Capital.

Investment will accelerate its retail expansion plans and contribute to increasing the product offerings, Aukera said in a release. It has stores in Bengaluru, Delhi NCR and Hyderabad and expanding in new cities.

The brand will be a measure in a brand of Rs 1,000 crore in the next 5-7 years.


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