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Aukera Secures $15M for Diamond Expansion

  • Aukera, a lab-grown diamond startup, raised $15M in a Series B round led by Peak XV.
  • Existing investors like Fireside Ventures and Alteria Capital also participated in this funding round.
  • The company plans to use the funds for retail expansion and enhancing product offerings.
  • Founded in 2023, Aukera currently operates 13 stores and aims to grow its footprint.
  • The startup competes in the lab-grown diamond space against giants like Tata's Trent and BlueStone.

Source: Inc42

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