Indian startups raise $137M this week; Limelight Diamonds leads with Rs 275 Cr
Retail-heavy funding week: lab-grown jeweller Limelight Diamonds bags Rs 275 Cr, cookware brand The Indus Valley raises $17M, and agri-supply platform Ninjacart adds $6M. Eyewear label Rawbare also funded, Phitku acquired (~Rs 100 Cr), and FirstCry-backed Swara Baby files for a Rs 1,000 Cr IPO.
Weekly Indian startup roundup with retail-relevant deals: Limelight Diamonds Rs 275 Cr, cookware brand Indus Valley $17M, Ninjacart $6M, eyewear Rawbare; Phitku acquisition, Flipkart supply-chain hire, Razorpay-NPCI netbanking, Swara Baby (FirstCry) IPO filing, TVS EV lead, UPI volumes.
Why this matters
Limelight Diamonds' Rs 275 Cr raise reinforces its aggressive expansion path, targeting 200 lab-grown jewellery stores by 2027 across India.
Retail-brand activity holds steady with 2,447 signals over the past 90 days.