Joyalukkas secures AED 500 million debt financing from Emirates NBD to support global expansion efforts across the GCC and key international markets.
Amount Raised
د.إ500 Million
Round Type
Debt Financing
DubaiFashionRetailInvestors
Description
Joyalukkas has secured a landmark AED 500 million working capital facility from Emirates NBD to fuel its global expansion. This facility supports Joyalukkas' long-term plans in markets like the UK, USA, Canada, and Australia. The deal provides flexible access to capital, enhancing operational efficiency. It reflects the strategic partnership between Joyalukkas and Emirates NBD.
Quick answer
Joyalukkas raised د.إ500 Million in a Debt Financing round, dated July 29, 2025. Investors: Emirates NBD. Joyalukkas is based in Dubai, United Arab Emirates.
- How much did Joyalukkas raise?
- Joyalukkas raised د.إ500 Million in a Debt Financing round on July 29, 2025.
- Who invested in Joyalukkas?
- Emirates NBD is named as investors in this round.
- What does Joyalukkas do?
- Joyalukkas is one of the world's largest jewellery retailers, known for combining artistry and precise design.
- Where is Joyalukkas based and how big is it?
- Joyalukkas is based in Dubai, United Arab Emirates.
Source: Fundz verified event record.
Who else raised in Fashion and Retail around the same time
Companies in the same sectors as Joyalukkas that raised within 45 days of this round, from Fundz verified event records.
- Nuyug raised an undisclosed amount (Pre-Seed) on August 27, 2025.
- Outzidr raised $3.1M (Series A) on August 7, 2025.
- Adanola raised an undisclosed amount on August 7, 2025.
- Ten Thousand raised an undisclosed amount (Series B) on August 7, 2025.
- Fraganote Fragrances raised $1M (Pre-Series A) on August 6, 2025.
- Littlebox raised $2M (Seed) on July 30, 2025.
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