×
314
Fashion Jobs
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Bihar)
Permanent · Bihat-IV
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Bihar)
Permanent · Bihpur
ZYDUS WELLNESS
Excellent Opening For Area Sales Manager
Permanent · Indore
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Gujrat)
Permanent · Ahmedabad
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager /Sales Manager/Jharkhand
Permanent · Lohardaga
CIEL HR SERVICES PVT LTD
Mechanical Maintenance Manager
Permanent · Coimbatore
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Gujrat)
Permanent · Gandhinagar
EARTH BUDDY
Area Sales Manager
Permanent · Gurugram
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (mp)
Permanent · Bhind
ALUDECOR LAMINATION PVT LTD
Area Sales Manager-Agra
Permanent · Agra
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager(Haryana)
Permanent · Sonipat
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Rajasthan)
Permanent · Karauli
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sale Manager(Punjab)
Permanent · Batala
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Himachal) All District
Permanent · Dalhousie
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Uttar Pradesh)
Permanent · Sitapur
BHARTI AIRTEL LIMITED
Territory Manager- Dth Sales - Hojai
Permanent · Hojai
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sale Manager(Haryana)
Permanent · Kurukshetra
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sale Manager(Haryana)
Permanent · Rewari
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sale Manager(Uttarakhand)
Permanent · Uttarkashi
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (mp)
Permanent · Morena
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sale Manager(Punjab)
Permanent · Tarn Taran Sahib
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager /Sales Manager/up
Permanent · Kushinagar
Published
Sep 24, 2020
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Melorra raises Rs 92 crore funding, plans to invest in technology and marketing

Published
Sep 24, 2020

Jewellery brand Melorra has raised around Rs 92 crore ($12.5 million) in a funding round led by Symphony Asia, Lightbox Ventures and Alteria Capital. Existing and new family offices like Burman, Jeejeebhoy, and others also participated in the funding round.
 

Melorra raises Rs 92 crore funding, plans to invest in technology and marketing - Melorra - Facebook


Melorra will be using the funds for technological innovations, product innovations, and brand marketing.
 
The brand has witnessed growth, despite the Covid-19 restrictions, and expects to clock pre-Covid level revenues in the coming months.

Commenting on the funding, Saroja Yeramilli, founder and CEO of Melorra, in a statement said: “We are happy to raise this round of funding, and with the investor trust in our capabilities. Melorra is operating at positive unit economics and rapidly regaining its pre-Covid level revenues. Although raising capital has been tough in the market, funding in this period has re-established the investor’s belief in the business model and team.”
 
Anil Thadani, chairman of Symphony Asia, added: “We are impressed with the work of Saroja Yeramilli and her team at Melorra in creating a differentiated business model for the jewellery sector in India. Melorra has seen strong growth over the past few years, by bringing fast-fashion jewellery to the millennial woman. We look forward to supporting the next phase of growth and expansion.”
 
Melorra had recorded a year-on-year growth of 400 percent in FY2019, and is one of the fastest-growing lightweight jewellery brands in the country. It sells contemporary lightweight jewellery in gold, diamond, and coloured stones.

Copyright © 2021 FashionNetwork.com All rights reserved.