D2C Jewellery Brand Melorra Bags $24 Mn From 9Unicorns, Others
Melorra said that the funds will be utilised for technology upgrade, ramping up brand marketing, and expansion of Melorra’s experience centres pan-India.
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Melorra said that the funds will be utilised for technology upgrade, ramping up brand marketing, and expansion of Melorra’s experience centres pan-India.
Jewellery start-up Melorra on Wednesday announced it has raised $24 million (around Rs 180.5 crore) to enhance technology capabilities, ramp up brand marketing and expand its experience centre footprints across the country. The fund was raised in a round led by 9Unicorns, Symphony International Holdings Ltd, Value Quest, Venture Catalysts, Param Capital and family
Melorra is also raising funds from Puneet Bhatia, managing director of TPG Growth Capital, Mukul Agarwal of Param Capital, and Singapore-based Symphony Asia,