Lab-Grown Diamond Brand Aukera Raises ₹90 Cr Debt To Expand Store Network

A year after raising $15 Mn in its Series B funding round , D2C lab-grown diamond startup Aukera has raised ₹90 Cr (around $10 Mn) in a debt funding round led by Alteria Capital, with participation from InnoVen Capital, Lighthouse Canton, and an undisclosed bank to fuel expansion. The Bengaluru-based startup said it would deploy the capital to open stores in existing and new markets, invest in design and product innovation, talent acquisition, and strengthen its omnichannel infrastructure.