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Orra Unveils New Store in Gurugram with Exclusive Launch Event and Customer Celebration

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Orra, the renowned jewellery brand, has further strengthened its presence in the national capital region with the opening of its second store in Gurugram at Good Earth Sixty9.

“We believe in creating meaningful connections with our customers by offering more than just exceptional jewellery,” said Dipu Mehta, Managing Director of Orra. “The launch of our second store in Gurugram celebrates our commitment to providing personalized, memorable experiences for our customers.”

The new store is Orra’s twelfth in the NCR and features a variety of diamond collections, including the ‘Aekta’ Wedding Collection, the minimalistic ‘Astra Collection’ of necklace sets, the everyday ‘Solis Collection,’ and the patented ‘Crown Star Solitaire Collection.’ The store’s launch event included a high-tea gathering designed to bring together customers and jewellery enthusiasts for an afternoon of conversation and discovery.

During the event, digital creator and influencer Payall Gupta engaged with attendees, sharing her expert insights on fine jewellery and styling. Guests also had the opportunity to explore Orra’s exquisite collections and learn more about the brand’s offerings. In addition, Orra introduced an interactive DIY candle-making workshop, allowing attendees to craft their own scented candles and enjoy a creative hands-on experience.

In celebration of the new store, Orra launched an exclusive promotion featuring up to 25% off on diamond values, zero-interest EMI options, and 100% exchange value on old gold jewellery. This event highlights Orra’s strategy of using in-store experiences to build deeper customer connections and increase foot traffic.

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DiamondBuzz

Lucara Secures $50 Million Equity Boost for Karowe Underground Expansion

Lundin Family Trusts back CAD 70 million private placement to fund 2026 development plans

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Lucara Diamond Corp. has raised CAD 70 million (approximately $50.5 million) through a private placement of equity to support the advancement of its Karowe Underground Project (UGP) and strengthen its working capital position.

The company issued around 437.5 million shares at a price of CAD 0.16 per share, with the Lundin Family Trusts subscribing to the entire offering. The Lundin family controls Nemesia, Lucara’s largest shareholder, reinforcing its long-term commitment to the miner’s flagship Botswana operation.

Proceeds from the financing will be primarily used to progress the Karowe UGP, a key growth initiative aimed at extending the life and value of the mine, alongside general corporate and working capital requirements.

Commenting on the transaction, Lucara President and CEO William Lamb said the support from the Lundin Family Trusts highlights the strategic importance of the underground expansion. He added that the funding will position the company to accelerate critical project milestones planned for 2026.

The private placement is subject to customary regulatory approvals, including acceptance by the Toronto Stock Exchange, and does not require shareholder approval. Lucara expects the transaction to close by the end of the month.

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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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