New Delhi: Jewellery marketplace Eternz has raised a pre-series A round led by Multiply Venture partners, with participation from Kae Capital, Gemba Capital, IIMA Ventures, TDV Partners, and new investors Twin & Bull, Raghunandhan (Taxi For Sure), and Nandan Reddy (Swiggy COO). the company said in a press release recently.
The company will use the funds to strengthen leadership, enhance technology, and expand across key markets. Eternz has also partnered with Timex Group India to onboard global brands such as GUESS, Versace, and Ted Baker.
“We’re doubling down to support women entrepreneurs and onboarding lab-grown diamond brands, creating opportunities for innovation and scale,” said Arthi Ramalingam, founder and CEO, Eternz.
Eternz said it has reported 10x growth since inception and is aiming to consolidate its position in India’s USD 94 billion jewellery market through focused expansion and brand collaborations.
