Nivoda, a digital marketplace and supply chain platform for the diamond industry, has raised $51M in funding led by Northzone, with participation from existing investors, including Avenir, Headline, Abstract Ventures, and Canaan Partners. The funds will help Nivoda expand its marketplace beyond diamonds and gemstones to encompass all jewelry. David Sutton, CEO and co-founder of Nivoda, shared insights into the company's efforts to streamline the global supply chain for jewelers. FinSMEs https://lnkd.in/dTQNheuW #Venture #VentureCapital #VC
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Mumbai-based Atmosphere - The Store Makers Raises ₹5 Crore in Seed Round Co-led by Artha Venture Fund and Pil Italica Lifestyle Ltd. Read 🔗 https://lnkd.in/gQe8-RJJ
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True Diamond, one of the renowned names in the lab-grown diamond industry, announced it has secured $1 million in a seed funding round led by Titan Capital. The round also saw participation from prominent venture capital firms, including Huddle Ventures and Zeropearl Ventures, alongside personal investments from key industry figures such as Ashutosh Valani, Priyank Shah, and Aashka Goradia Goble (Co-Founders, RENÉE Cosmetics), Ghazal Alagah (Founder, Mamaearth), Abhishek Goyal (Founder, Tracxn), and Anmol Jain (Founder, Astrotalk). Read more: https://lnkd.in/gnZn4ejM Parin Shah, Co-Founder, True Diamond Sanil Sachar, Founding Partner, Huddle Ventures #retail #business #market #news #update #luxury #fashion #jewellery #funding Darayus Mehta| Kshitija Pandit| Paras Singh| kartik bora| sanket patil| Kunal Bahl| Rohit Bansal| Supriya Gupta| Samarth Shrimal| Shiv Kapoor
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Don't scroll past your next "what if" moment. Remember when you wished you'd gotten in early on brands that redefined their industries? We believe The M Jewelers is transforming the $270B jewelry market, bringing Diamond District craftsmanship to the digital age. Invest on StartEngine today.👇 https://bit.ly/3DbpmqN This Reg CF offering is made available through StartEngine Primary, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. #equitycrowdfunding #Regcf #Startengine #TheMJewelers #jewelery #customjewelery
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Saroja Yeramilli-led D2C jewellery brand Melorra is stuck in a limbo👇 Publicly listed jewellery giant SENCO Gold is reportedly in the last leg of due diligence before acquiring Melorra in a fire sale for INR 50 Cr. That’s an unfathomable 94% fall from $120 Mn or INR 1,000 Cr, the valuation at which Melorra raised its last round in mid-2022. And it’s not like the jewellery segment is going through a slowdown. Melorra’s rivals are clearly on a different track. Premji Invest-backed GIVA recently raised INR 255 Cr; Gaurav Singh Kushwaha-led BlueStone is close to an IPO and has raised INR 1,000 Cr this year alone, while CaratLane’s acquisition by Tata-owned Titan was one of the biggest acquisition stories in the startup ecosystem. But Melorra seems to have missed the bus. As one investor in the startup told us, “Jewellery is all about retail space and Melorra was quite late to the party.” 🔗To read the in-depth article, click here: https://4-2.co/4fgVS90 #d2c #startup #jewellery
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#EcoFriendly Kids #FashionBrand Kidbea® Raises $1 Million for #Expansion Kidbea, a brand known for its #bamboobased children’s #fashion, has secured $1 million in pre-Series A #funding, led by early-stage #investor Venture Catalysts. The round also saw contributions from Agility Ventures, Bestvantage Investments , Droom founders Sandeep Aggarwal Upasana Agarwal, along with notable angel investors including actor Hiro Mizushima from #Japan. Read More: https://lnkd.in/gzfZ-7Qn Ashu Agrawal | Kidbea® | Hiro Mizushima #Kidsfashion #Ecofriendly #Investment #Funding
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Samvad Partners advised 8i Ventures, in their investment in the Series A fund raise of Boba Bhai Ventures Private Limited. Boba Bhai raised approximately INR 30 crores in the funding round, led by 8i Ventures. Boba Bhai is engaged in the business of tech-enabled quick service restaurant chain for bubble teas and Korean burgers. The Samvad team consisting of Partners Junaira Rahman and Gauri Khanna, Senior Associate Oshin Taneja and Associate Aditi Bose, were involved in the transaction. https://lnkd.in/gWGGXAWT
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Locad Secures $9M Pre-Series B Funding Locad, a leading smart digital logistics engine, has raised $9 million in a Pre-Series B round co-led by Dubai-based Global Ventures and ReefKNoT Investments. Congratulations to the Co-founders — Constantin Robertz, Jannis Dargel, Shrey Jain — and the entire team! Read more here: https://lnkd.in/eAKys5Gy
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Reactiv , a company specializing in mobile commerce, announced it has raised $5 million in a Seed funding round led by Bonfire Ventures , with participation from Daher Investments (Dubai), Foxe Capital, Anthemis, and Alumni Ventures. https://lnkd.in/g9fVFjK7 Reactiv | Zack Elias , Ross Correia Bonfire Ventures 🔥 , Daher Investments , Foxe Capital , Alumni Ventures #Reactiv #funding #SeedFunding #support #mobileCommerce
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Omnichannel jewellery startup BlueStone has filed its draft red herring prospectus (DRHP) with markets regulator SEBI for its initial public offering (IPO)👇 The IPO will comprise a fresh issue of shares worth INR 1,000 Cr and an offer-for-sale component of up to 2.40 Cr equity shares. Existing investors, including Accel and Kalaari Capital, will offload their shares in the IPO. BlueStone’s net loss declined 15% year-on-year (YoY) to INR 142.2 Cr in the financial year 2023-24 (FY24), while operating revenue jumped 64% to INR 1,265.8 Cr. 🔗To read the in-depth article, click here: https://4-2.co/49AWJQ5 #news #Bluestone #IPO #startup
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Mumbai-based digital-first luggage brand Nasher Miles has raised $4 million in a bridge round of funding at a post-money valuation of $30 million. The funding round saw participation from Singularity Early Opportunities Fund, Narendra Rathi (SoftBank Vision Fund), Sulabh Arya (Goldman Sachs Growth Equity), and Mohit Goyal (ex-CVC Capital Partners), among several others. Read the full story here: 👇 https://lnkd.in/dzmixcVv #funding #luggage #brand #startup #investors #traveling #indianstartupnews
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