Editor’s Note
Limelight Lab Grown Diamonds is vertically integrating its operations with new in-house manufacturing capabilities, backed by ₹250 crore in funding. This strategic move is designed to enhance cost efficiency and fuel an ambitious retail expansion, targeting 200 stores by 2027.
Limelight Lab Grown Diamonds has announced an expansion into in-house diamond growing and manufacturing and has raised ₹250 crore in funding. This move aims to achieve cost efficiency, accelerate retail expansion, and target 200 stores by 2027.
India’s largest lab-grown diamond jewelry brand, Limelight Lab Grown Diamonds, has announced the expansion of its in-house diamond growing and manufacturing. This step is part of the company’s vertical integration strategy. Concurrently, the company has raised ₹250 crore to support its next phase of growth plans.
According to the company, this vertical integration will reduce dependence on third-party suppliers, increase cost efficiency, accelerate product development, and ensure quality and traceability.
The newly raised funds will be used to accelerate retail expansion, strengthen design capabilities, and maintain long-term category leadership. Limelight plans to expand its retail network to 200 stores by 2027.
Interest in lab-grown diamonds is consistently rising in India, particularly due to demand for transparency, sustainability, and value-based fine jewelry. Limelight’s investment in supply-chain integration and brand-building places it among the well-capitalized companies in this segment.
Headquartered in Mumbai, Limelight specializes in CVD lab-grown diamond jewelry, and its product range includes solitaires, everyday fine jewelry, and statement pieces.
