Lucira Jewelry, a design-first fine jewellery brand, has raised $5.5 million in a seed funding round led by Blume Ventures and Spring Marketing Capital. The round also saw participation from SiriusOne Capital Fund and a network of marquee angel investors, including founders of Dot & Key, Livspace, Snitch, and Bewakoof.com.
The funds raised will be used to expand offline operations, with plans to open new flagship retail stores in FY2026. The funds will also be used to enhance its digital-first customer journey and strengthen its technology backbone. The company is also investing in scaling its design studio and hiring top talent to build a culture of craftsmanship and innovation.
Founded in 2025 by Rupesh Jain and Vandana Jain, Lucira is a modern design-first fine jewellery brand redefining what luxury means for today’s conscious consumer.
Currently available online with nationwide delivery, the brand will soon debut flagship experience stores across key metros, followed by an aggressive two-year roadmap for phased omnichannel expansion.
The brand is launching its first retail store in Mumbai this month, signalling the beginning of its retail journey
Made with certified lab-grown diamonds, recycled gold and transparent practices, Lucira proves sustainability and sophistication can coexist, crafted for those who choose meaning over materialism.
In a short span since launch, Lucira has created a portfolio of more than 1,000 customizable lab-grown diamond designs, each certified by IGI / GIA / SGL / BIS and backed with lifetime exchange and buyback guarantees.
Rupesh Jain, Co-Founder, Lucira, said, “This fundraise is a strong validation of the white space we see in India’s fine jewelry market. Indian consumers are moving beyond buying jewelry only for investment; they are seeking design, authenticity, and a brand they can emotionally connect with. With this backing, we aim to make Lucira the most trusted design-first fine jewelry brand from India.”
He adds, “Our vision is to cement Lucira as India’s most design-first fine jewelry brand, and that requires building strategically on three fronts, design leadership, omnichannel presence, and consumer trust. This fundraise is a vote of confidence from partners who understand we’re not just selling jewelry, we’re shifting mindsets. We’re investing heavily in our design studio, scaling physical retail alongside digital, and ensuring every piece comes with trusted certification and guarantees. This structured approach is how we see Lucira becoming the go-to fine jewelry brand for a new generation of Indian consumers.”
Karthik Reddy, Managing Partner at Blume Ventures, said, “Rupesh has already proven his ability to build and scale in this category with Candere’s successful exit. What excites us most is Lucira’s omnichannel vision that is seamlessly blending cutting-edge digital experiences with physical retail. The speed of execution, combined with Rupesh’s deep understanding of Indian jewelry consumers, makes Lucira a strong contender to build the next category-defining brand.”
