Jewellery Startup, Velvetcase Secures $1mn From The Chennai Angels

Online marketplace for curated jewellery, Velvetcase has received investment from The Chennai Angels.  This round of investment was led by TCA investors Kayar Raghavan and Lakshmi Potluri among other prominent business professionals and angel investors including Jacob Kurian, Jerry Rao and Arihant Patni.
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Founded in year 2012 by Kapil Hetamsaria & Runit Shah, Velvetcase is a global online platform for custom and designer jewellery. It partners with handpicked designers from across the world and brings design variety to consumers across the world. The team has built a disruptive supply chain model by leveraging cutting edge technology like 3D printers and process innovations in jewellery manufacturing.
The Chennai Angels’ other investments this year include PopXo, Fourth Partner Energy and education startup SkyFi Labs.
Competitor online jewellery store BlueStone had recently received investment from Ratan Tata.