Jewellery Startup Melorra To Open New Stores In India
Jewelry start-up Melorra is all set to open 3 new stores (physical experience centers) in the national capital region (NCR). Vegas Mall, Dwarka, DLF Promenade, Vasant Kunj, and DLF Avenue, Saket are the locations for the upcoming 3 stores. The firm which raised USD 12.50 Million in an oversubscribed funding round led by Symphony Asia Lightbox Ventures, Alteria Capital, and others is planning to launch stores in Delhi in January, and Mumbai within the next 6 months. Â
The stores would be primarily located in malls and high streets across India, will range from 500-1,500 sq ft in size, and showcase 500-1,000 jewelry designs.Â