Melorra raises $16 Mn in ongoing Series D round

D2C jewellery brand Melorra has made the first close of a $16 million Series D funding round from Axis Growth Avenues AIF-I, SRF Family Office, N+1 and existing investors.  The funds funds will be used for strengthening brand marketing activities and rolling out more offline experience centres across the country, said Melorra in a release. According to Melorra, the company saw its valuation double within just 6 months since its last funding round in October 2021 when it raised $24 million from 9Unicorns, and others. Continue reading Melorra raises $16 Mn in ongoing Series D round at Entrackr.

Melorra raises $16 Mn in ongoing Series D round

Melorra raises $16 Mn in ongoing Series D round

D2C jewellery brand Melorra has made the first close of a $16 million Series D funding round from Axis Growth Avenues AIF-I, SRF Family Office, N+1 and existing investors. 

The funds funds will be used for strengthening brand marketing activities and rolling out more offline experience centres across the country, said Melorra in a release.

According to Melorra, the company saw its valuation double within just 6 months since its last funding round in October 2021 when it raised $24 million from 9Unicorns, and others.

Continue reading Melorra raises $16 Mn in ongoing Series D round at Entrackr.