Lucira Secures $5.5 Million to Launch Its First Retail Outlet in Mumbai

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Lucira Jewelry, a new design-first fine-jewellery brand from India, has raised $5.5 million in a seed funding round. The investment was led by Blume Ventures and supported by Spring Marketing Capital, SiriusOne Capital Fund, and several angel investors. Lucira is making waves in the Indian jewellery market by offering lab-grown diamonds and recycled gold, giving buyers an eco-friendly and stylish alternative.

The brand is quickly gaining recognition for combining modern designs with trustworthy practices, creating a jewellery shopping experience that appeals to both first-time buyers and seasoned jewellery lovers.

Sustainable Jewellery Choice

Founded in May 2025 by Rupesh Jain and Vandana Jain, Lucira focuses on creating jewellery that looks beautiful, feels personal, and is ethically made. The company already offers nearly 1,000 certified designs, verified by labs such as IGI, GIA, SGL, and BIS. In addition to high-quality designs, Lucira provides lifetime exchange and buyback options, giving customers extra confidence in their purchases.

This combination of style, sustainability, and transparency has made Lucira a favourite among modern Indian shoppers who value both aesthetics and responsibility. Investors see this approach as a strong foundation for building a lasting jewellery brand.

Blending Online and Offline

Lucira plans to use the fresh funding to open its first physical store in Mumbai this month. The brand also aims to launch four more stores by 2026, creating a strong presence in India’s key cities. Apart from physical stores, Lucira will invest in growing its design studio, enhancing the online shopping experience, and hiring talented team members to support expansion.

The brand follows an omnichannel strategy, blending online and offline shopping. Customers can explore designs on the website and then visit stores to see pieces in person. This approach makes jewellery shopping easier, more convenient, and enjoyable.

Investors Confident in Growth

Karthik Reddy, Managing Partner at Blume Ventures, praised the founders’ vision and execution. He highlighted how Lucira understands modern Indian buyers, who care not only about value but also about design, experience, and ethical sourcing. Investors believe that Lucira can become a major jewellery brand by combining technology with a personal touch in stores.

Style Meets Sustainability

Lucira is more than just a jewellery brand. It is creating a modern, friendly, and trustworthy shopping experience with eco-conscious materials, high-quality designs, and excellent customer service. With $5.5 million in funding, a clear expansion roadmap, and strong investor backing, Lucira is well-positioned to redefine fine jewellery shopping in India.

By merging style, sustainability, and convenience, Lucira is set to become the go-to choice for buyers who want jewellery that is not only beautiful but also responsible and reliable.