Palmonas to raise Rs 55 Cr in Series A round led by Vertex Ventures

Direct-to-consumer jewellery startup Palmonas is in the final stages of closing its Series A funding round worth Rs 55 crore, Entrackr has exclusively learned. According to two sources aware of the deal, Vertex Ventures is leading the round, valuing the Pune-based company at a post-money valuation of Rs 550 crore (approximately $65 million). “The deal … Continue reading Palmonas to raise Rs 55 Cr in Series A round led by Vertex Ventures