Lucira Jewelry Secures $5.5 Million Seed Funding to Innovate Fine Jewelry Market, ETRetail
New Delhi: Lucira Jewelry has raised USD 5.5 million in a seed funding round led by Blume Ventures and Spring Marketing Capital, with participation from SiriusOne Capital Fund and several individual investors, including founders of Dot & Key, Livspace, Snitch, and Bewakoof.com, the company said in a press release on Wednesday.
The company plans to open four flagship stores by the end of FY26, enhance its digital buying experience, and invest in technology-led personalisation.
“Indian consumers are moving beyond buying jewelry only for investment, they are seeking design, authenticity, and a brand they can emotionally connect with. With this backing, we aim to make Lucira the most trusted design-first fine jewelry brand from India,” said Rupesh Jain, co-founder, Lucira.
Cumulative Ventures acted as the sole advisor to the transaction, while Novolex served as legal advisor to Lucira Jewelry.
