Lab-grown diamond jewellry brand True Diamond raises Rs 26 crore in a pre-Series A round

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Summary of True Diamond’s Fundraising:

  • Startup: True Diamond
  • Founders: Darayus Mehta, Parin Shah
  • Funding Amount: Rs 26 crore
  • Funding Series: Pre-Series A
  • Date Founded: Early 2024
  • Investors:
    • Lead Investor: India Quotient
    • Other Investors: Titan Capital Winners Fund, Huddle Ventures

Additional Details:

  • Focus: Lab-grown diamond jewelry, sustainability, innovation, and quality.
  • Products Offered: Rings, earrings, pendants, necklaces, mangalsutras, bracelets, customized jewelry, men’s collections.
  • Goals for Funding: To accelerate omnichannel strategy and offline expansion in metro cities.

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2025-06-04 07:38:27