Zinara Raises Rs 3.61 Crore in Pre-Seed Funding Led by Inflection Point Ventures

Zinara Raises Rs 3.61 Crore in Pre-Seed Funding Led by Inflection Point Ventures

Delhi NCR-based lab-grown diamond jewellery brand Zinara has raised Rs 3.61 crore ($380K) in a pre-seed funding round led by Inflection Point Ventures (IPV).

Nine Jewellery, Bollywood actress Nikita Dutta and other angel investors also participated in the round.

The company will use the funds to expand its team, increase marketing activities and strengthen its supply chain infrastructure. Zinara also plans to expand its product and brand presence across India.

Founded by Harshit Abrol and Sumanyu Vyas, Zinara focuses on everyday diamond jewellery made with lab-grown diamonds and 18K gold vermeil.

The brand currently offers more than 400 designs and has crossed Rs 1 crore in annual recurring revenue.

Abrol previously worked at P&G and Apnaklub, while Vyas has worked at Blinkit and Classplus.

Zinara follows a digital-first model and serves customers across India. The brand also offers a lifetime warranty, along with buyback and exchange options on its products.

According to the company, IPV has invested more than Rs 900 crore across over 280 startups.

FAQs

1. How much funding has Zinara raised?
Zinara has raised Rs 3.61 crore ($380K) in a pre-seed funding round.

2. Who led Zinara’s pre-seed funding round?
The round was led by Inflection Point Ventures (IPV).

3. How will Zinara use the funding?
The funds will be used to expand its team, increase marketing activities and strengthen its supply chain infrastructure.

4. Who founded Zinara?
Zinara was founded by Harshit Abrol and Sumanyu Vyas.

5. How many jewellery designs does Zinara currently offer?
Zinara currently has more than 400 designs.

Khushi Jain

Senior Editor

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