D2C (direct-to-consumer) jewellery brand, Melorra has secured $24 million in a funding round led by 9Unicorns, Symphony International Holdings Limited, Value Quest, Venture Catalysts, Param Capital and family offices.
Melorra will use the fresh capital to upgrade technology, ramp up brand marketing, and expand its experience centres across India. The company is aiming for $1 billion in revenue over the next five years.