International News
Angara Debuts in India, Set to Transform Fine Jewellery with Customisable D2C Experience
With over 300 years of gemstone legacy and a $100M global presence, Angara brings personalised, digital-first fine jewellery to Indian consumers.
US-based fine jewellery brand Angara has officially entered the Indian market, bringing a rich heritage in gemstone craftsmanship and a disruptive direct-to-consumer (D2C) model designed to reshape how Indians shop for fine jewellery.
Founded by Indian-origin entrepreneurs Ankur and Aditi Daga, Angara has grown into a $100 million+ enterprise across the US, UK, and Australia, renowned for its handcrafted pieces featuring gemstones, diamonds, and pearls. Now, the brand is bringing its unique approach to India’s dynamic jewellery landscape, offering bespoke, made-to-order creations that combine traditional artistry with modern technology.

“India’s jewellery market is at a pivotal moment,” said Ankur Daga, Founder & CEO. “People are moving away from generic, mass-produced designs and gravitating towards pieces that reflect their individuality. We’ve perfected this digital-first model globally, and now it’s time to bring that innovation home.”
Angara’s India strategy is anchored in its vertically integrated, digital-first model, which empowers customers to personalise every aspect of their jewellery—from gemstone and carat size to metal type and setting. The brand leverages an intuitive online platform enhanced with AI-driven recommendations, delivering both superior quality and transparent pricing by cutting out intermediaries.
“Indian buyers have traditionally faced a choice between conventional jewellers and expensive luxury brands,” added Aditi Daga, Co-founder. “Angara bridges that gap by offering elegant, meaningful, and affordable fine jewellery—tailored to each individual.”

The brand’s entry comes at a time when Indian consumers are shifting from heirloom pieces to more expressive, everyday elegance. As interest in coloured gemstones rises and the diamond market evolves with lab-grown alternatives, Angara’s expertise in rubies, emeralds, sapphires, and other precious stones positions it well to meet emerging demands.
With over 1 million customers globally and operations in Ireland, Canada, Thailand, and now India, Angara is also eyeing a future offline presence. Plans are underway to launch experiential retail spaces that will complement its digital platform, offering hands-on interaction without compromising the brand’s hallmark of customisation.
To support its Indian expansion, Angara has built an end-to-end supply chain that ensures ethical sourcing, exceptional craftsmanship, and consistent quality. Its made-to-order model aligns with the growing appetite for sustainable, conscious luxury in India.
Angara’s launch marks more than just the arrival of a new brand—it signals a bold reimagining of India’s fine jewellery market. With a legacy of craftsmanship, a passion for innovation, and a focus on personalisation, Angara is ready to redefine how Indian consumers experience jewellery.
International News
Precious Metals Under Pressure Despite Near-Term Rate Hold Expectations
Precious metals experienced sharp liquidation as investors sold assets to cover cash needs during broader stock market declines.
While rising energy costs boosted oil, precious metals experienced sharp liquidation as investors sold assets to cover cash needs during broader stock market declines.
Gold: Spot gold briefly dipped below $4,000 to $3,993.96 per ounce—its lowest level since mid-July—recording a 4% weekly decline before staging a partial recovery to $4,026. In domestic retail markets in India, 24K gold edged up slightly by ₹100 to ₹1,42,580 per 10 grams following recent sharp drops.
Silver: Extended its losses to $53.50 per ounce, marking its lowest level since November 2025 due to softening industrial sentiment and a 6% drop in the prior session.
Recent U.S. consumer and producer price data showed higher-than-expected inflation, largely propelled by elevated energy costs. The rise in oil prices has reinforced expectations that the U.S. Federal Reserve will maintain a “higher-for-longer” interest rate environment.
Despite the persistent inflationary pressures, markets expect the Federal Open Market Committee (FOMC) to leave interest rates unchanged at its upcoming October 27–28 meeting.
According to a study, traders are currently pricing in less than a 10% chance of a rate hike in October, compared to an 80% probability for the December meeting. Investors are now awaiting the U.S. PCE inflation data due on October 29 for further policy guidance.
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