Lab grown diamond jewellery startup Aukera raises $15 Mn in Series B funding led by Peak XV.
Existing investors like Fireside Ventures and Sparrow Capital also participated, valuing Aukera at INR 600 Cr.
Aukera plans to use the funding for retail expansion, new market entry, and product range enhancement.
The startup competes with Tata Group's Trent and BlueStone in the lab-grown diamond segment, aiming to capture the market shift towards affordable lab-grown diamonds.