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Melorra

melorra.com

Founded Year

2015

Stage

Series D | Alive

Total Raised

$95.05M

Last Raised

$16M | 1 yr ago

Revenue

$0000 

About Melorra

Melorra operates as a designer and retailer of online jewelry online. The company caters to urban Indian women by developing, designing, and retailing contemporary jewelry through a mobile application. It was founded in 2015 and is based in Bengaluru, India.

Headquarters Location

Ferns Icon, 5th Foor, Doddanekkundi

Bengaluru, 560037,

India

+91 7829000052

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Expert Collections containing Melorra

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Melorra is included in 1 Expert Collection, including E-Commerce.

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E-Commerce

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Latest Melorra News

Amid rising gold prices, Melorra provides respite; launches its Akshaya Tritiya range comprising of 350+ lightweight gold and diamond jewellery

Apr 18, 2023

Mumbai,  April 2023: Melorra (www.melorra.com), one of India’s fastest-growing D2C brands, is all set to launch its Akshaya Tritiya collection. Comprising of over 350 gold and diamond jewellery pieces crafted using Melorra’s proprietary designing technique, the ornaments look voluminous, and yet are lightweight and cost-effective. With its jewellery starting from INR 3000 and 70% of this collection being less than INR 50,000, Melorra is one of the most affordable jewellery brands offering BIS-hallmarked gold and certified diamond jewellery, incorporating the latest trends and styles. The aim is to help every woman and man in the country to buy gold on this auspicious day, without straining their pockets. Speaking of the launch, Saroja Yeramilli, Founder and CEO of Melorra, said, “Akshaya Tritiya is an occasion on which households look forward to buying gold as an ode to the Goddess of wealth. At Melorra, we understand the significance of the festival and strongly believe that money should not hinder the festivities and celebrations. We have launched 5 trendy collections, 350+ gold and diamond jewellery for Akshaya Tritiya. Our unique design technique helps us offer jewellery sets that look voluminous but are quite affordable and high in quality and purity. This is our gift to our customers this Akshay Tritiya.” Melorra specialises in everyday lightweight jewellery and offers 16000+ designs for her and 100+ designs for him. The brand introduces 75 new styles every Friday to keep its designs updated. Melorra has 24 experience centers across all the country’s major cities and delivers 26,000 pin codes in India, the United Arab Emirates, the United States, the United Kingdom, and Europe. On the back of its novel designs and affordable pricing (most of the demand comes from the 20-50k price range), the brand has grown rapidly over the past year and is expected to continue this onward journey. It has significantly impacted more than 3000 cities, towns, and villages, from those with less than 10,000 residents to populations of more than 1 million. Melorra now records ARR $100MN and plans to reach $1 billion in sales in 5 years.

Melorra Frequently Asked Questions (FAQ)

  • When was Melorra founded?

    Melorra was founded in 2015.

  • Where is Melorra's headquarters?

    Melorra's headquarters is located at Ferns Icon, 5th Foor, Doddanekkundi, Bengaluru.

  • What is Melorra's latest funding round?

    Melorra's latest funding round is Series D.

  • How much did Melorra raise?

    Melorra raised a total of $95.05M.

  • Who are the investors of Melorra?

    Investors of Melorra include Axis Asset Management, N+1 Capital, SRF Family Office, Symphony, Venture Catalysts and 22 more.

  • Who are Melorra's competitors?

    Competitors of Melorra include Giva and 5 more.

Compare Melorra to Competitors

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BlueStone Jewellery and Lifestyle

BlueStone Jewellery and Lifestyle operates Bluestone.com, offering a range of jewelry under different categories, further split into several sub-categories, including earrings, rings, pendants, bangles and bracelets. Various filters, such as gold purity, stones, occasion, and stone color, have been provided to help buyers select the right kind of jewelry. The site can also filter products according to price range or opt for various EMI options provided by Bluestone.

TrueFacet Logo
TrueFacet

TrueFacet is the trusted destination to discover, buy, and sell new and certified pre-owned diamond jewelry, colorstone jewelry, and watches online. TrueFacet offers buyers and sellers value by credibility, price, and quality through a trusted appraisal and QA process.

Fourseven Logo
Fourseven

Fourseven is an online jewelry brand that creates designs in-house which are manufactured by contract manufacturers across India. Orders are shipped from a warehouse in Gurgaon where it stocks ready products.

E
Emerald Jewel Industry India

Emerald Jewel Industry India manufactures jewelry products. The company offers necklaces, rings, earrings, bracelets, and pendants in gold, silver, diamond, and platinum. Emerald Jewel Industry India was founded in 1984 and is based in Coimbatore, India.

G
Giva

GIVA sells silver, gold, and oxidized silver jewelry such as rings, necklaces, earrings, bracelets, and pendants. It serves the jewelry market. The company was founded in 2019 and is based in Bengaluru, India.

V
Voylla Retail

Voylla Retail operates Voylla.com, an e-retail platform that provides exclusive jewelry and accessories from highly talented designers in India to worldwide customers. Voylla puts a vast array of jewelry and accessories at disposal at attractive prices. The company wants to empower customers to make well-informed decisions about purchases by delivering authoritative information on products through accurate product displays, detailed descriptions and illustrative sizing charts.

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