Jewellery brand Melorra raises $12M from Lightbox, family offices

Date posted: Thursday 10 October 2019

Jewellery firm Melorra has raised $12 million (about Rs 85 crore) in a series C funding round from VC Lightbox, BlackSoil Capital and family offices, including those of Ravi Sheth of Great Eastern Shipping Company, the Burmans of Dabur, Rainmaker Ventures and the Jeejeebhoy family. With the fresh funding, Melorra, which started operations in 2016, aims to improve its technological capabilities, increase brand visibility and expand its employee base.

(ET Tech)