Orra could be heading for expansion

Reports from the media state that diamond jewellery brand Orra is planning an expansion. Orra is the jewellery business segment of Rosyblue. Reports also suggest that the company is considering supporting its expansion plans by raising $10-15 million through equity funds in the forthcoming months.

The company’s expansion plans are aimed for India and China. In India, it aims at increasing the number of its stores and the size of its current stores, reports add.