Jewelbox In Advanced Talks To Raise ₹50 Cr Led By Physis Capital At ₹300 Cr Valuation
D2C lab-grown diamond brand Jewelbox is nearing a ₹50 Cr ($5.2 Mn) round led by Physis Capital at a ~₹300 Cr post-money valuation. The capital will fund retail store expansion across Delhi, Bengaluru, Chandigarh and Bhubaneshwar, deepening its omni-channel footprint.
D2C lab-grown diamond brand Jewelbox is in advanced talks to raise ₹50 Cr led by Physis Capital at ~₹300 Cr valuation, to expand retail stores in Delhi, Bengaluru, Chandigarh and Bhubaneshwar.
Why this matters
The round marks Jewelbox's push from D2C into physical retail, using fresh capital to build an omni-channel presence across four cities in the fast-growing lab-grown diamond segment.
Retail-brand signals are accelerating, up +280200% QoQ.
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