India Digest: Melorra raises $16m Series D; Fireside backs Smytten

Jewellery platform Melorra has raised $16 million in its Series D funding round from Axis Growth Avenues AIF-I, SRF Family Office, N+1 and existing investors. Separately, Smytten has raised $12.8 million in funding led by Fireside Ventures and Roots Ventures, it announced Tuesday.