# Aukera Opens Anna Nagar and Indiranagar Stores, Growing From 13 to 37 Locations

> Aukera opened stores in Anna Nagar, Chennai and Indiranagar, Bengaluru, taking its network from 13 to 37 in 18 months, backed by a $15 million Series B.

- Published: 2026-11-06T05:24:01+00:00
- Section: Expansion
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-06/aukera-opens-anna-nagar-indiranagar-stores
- Source: [The Tribune](https://www.tribuneindia.com/news/business/from-13-stores-to-37-in-18-months-aukera-the-solitaire-expert-opens-in-anna-nagar-chennai-and-indiranagar-bengaluru/)

## Key takeaways

- Aukera opened its 36th store in Anna Nagar, Chennai and its 37th on 100 Feet Road, Indiranagar, Bengaluru.
- The chain grew from 13 stores in June 2025 to 37, entering Chennai, Pune, Visakhapatnam, Lucknow and Dehradun.
- Aukera raised a $15 million Series B led by Peak XV Partners in 2025 and ₹90 crore in July 2026 led by Alteria Capital.

Aukera opened its 36th store in India at Anna Nagar, Chennai and its 37th at 100 Feet Road, Indiranagar, Bengaluru, taking the chain from 13 stores in June 2025 to 37, [The Tribune](https://www.tribuneindia.com/news/business/from-13-stores-to-37-in-18-months-aukera-the-solitaire-expert-opens-in-anna-nagar-chennai-and-indiranagar-bengaluru/) reported on November 6, 2026. The openings are the fastest growth in the brand's history, the report said.

## Aukera's Two New South India Stores

[Aukera](https://akta.pro/company-profiles/00025r8/aukera) is a Bengaluru-based retailer of IGI-certified lab-grown diamond jewellery, founded in 2023, selling through its own e-commerce site and physical stores across Indian cities. The Anna Nagar store, at Alsa Arcade on 2nd Avenue, is the brand's second in Chennai, following its entry into Tamil Nadu at Velachery in July. The Indiranagar store is its twelfth in Bengaluru.

In the 18 months since June 2025, Aukera entered Chennai, Pune, Visakhapatnam, Lucknow and Dehradun and grew to eight cities, with every store company-owned. Both new stores carry the full range, from solitaire and engagement rings to mangalsutras and pendants, with a complimentary Diamond Spa and at-home trial from each store.

Lisa Mukhedkar, Co-Founder and CEO, said: "A solitaire is chosen with the eyes. Our customers want to see how a diamond performs in light, compare two of the same carat side by side and ask every question before they decide, which is why we open stores where women already shop." Kumar Saurabh, Co-Founder, said: "Thirty-seven stores in three years tells us the modern Indian buyer wants certified quality, distinctive design and complete transparency, and will walk into a store that offers all three."

## Aukera's Funding Behind the Store Rollout

According to akta.pro [company records](https://akta.pro/company-data), Aukera's expansion follows a $15 million Series B led by Peak XV Partners in June 2025 and a $9.4 million debt round led by Alteria Capital in July 2026. The same records list a $3.2 million Series A led by Fireside Ventures in August 2024, taking total funding to $27.6 million. The Tribune reported the July 2026 raise as ₹90 crore, led by existing investor Alteria Capital.

## Aukera's Path From Velachery to 37 Stores

Aukera announced its 32nd store in India and first in Tamil Nadu at Velachery, Chennai in July 2026, BusinessLine reported. That month, Ani News reported the company raised ₹90 crore in fresh funding led by existing investor Alteria Capital, with InnoVen Capital, Lighthouse Canton and a leading bank participating. YourStory reported the same July round as led by Alteria Capital with participation from InnoVen Capital, Lighthouse Canton and a leading bank.

## Aukera's Next Store Openings

The Tribune report did not give dates for further store openings. Aukera's website lists its store network and online range at [aukerajewellery.com](https://aukerajewellery.com).

## Companies in this story

- [Aukera company profile](https://akta.pro/company-profiles/00025r8/aukera) · website: https://aukerajewellery.com

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