Business Standard

Jewellery e-comm firm Melorra raises $12 mn series C from Lightbox, others

The company had earlier raised $12 million from Lightbox, which bring its total fund-raise to date to $24 million

e-commerce
Premium

Representative image

Yuvraj Malik Bengaluru
Online jewellery store Melorra on Wednesday said it had raised series C funding of $12 million from venture capital firm Lightbox, Mumbai-based BlackSoil Capital and some family-owned funds.

Ravi Sheth of Great Eastern Shipping Company, Dabur’s promoter family, Rainmaker Ventures and Jeejeebhoy family office participated in the round. DPNC Advisors, the financial advisory arm of Dewan PN Chopra & Co. advised Melorra on raising capital from the Burman Family Holdings in this round.

The company had earlier raised $12 million from Lightbox, which bring its total fund-raise to date to $24 million.

Melorra, which was started by Saroja Yeramill in

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 09 2019 | 8:34 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com