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Candere Founder Rupesh Jain Launches Lab-Grown Diamond jewelry Brand Lucira; Taps into Booming Industry Potential

The company plans aggressive two-year roadmap for phased omnichannel expansion

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Rupesh Jain, the digital jewelry pioneer who built Candere into one of India’s most successful online fine jewelry platforms before its acquisition by Kalyan Jewellers, is returning to the spotlight with a bold new venture, Lucira. A modern lab-grown diamond jewelry brand, Lucira is built for today’s conscious, design-forward consumer and aims to transform the way people engage with fine jewelry.

Positioning itself as the unrivalled “Rings King,” Lucira focuses exclusively on celebrating proposals, weddings, anniversaries, and personal achievements with intentional design and ethical brilliance. Lucira is born out of a simple but powerful idea: that luxury can be meaningful, personal, and responsible. Inspired by the Latin word Lucent, meaning “to shine,” the brand represents purity, brilliance, and a commitment to illuminating life’s most cherished moments with jewelry that reflects values as much as beauty. Merging heritage craftsmanship with cutting-edge innovation, Lucira combines AI-led personalization, certified lab-grown diamonds, and a seamless digital-first experience to build trust and intimacy in an industry that has traditionally relied on opaqueness and excess.

The launch of Lucira comes at a time when lab-grown diamonds are reshaping the fine jewelry landscape, both in India and globally. These diamonds are physically, visually, and chemically identical to mined diamonds, offering the same brilliance and longevity—but at a significantly lower financial cost. Certified by IGI, GIA, SGL, and Hallmark, Lucira diamonds offer complete transparency and assurance of quality. Each piece is handcrafted by artisans who blend traditional techniques with contemporary elegance, creating jewelry that celebrates individuality and connection.

Currently available online with nationwide delivery, Lucira will soon debut its flagship experience stores in key metros, followed by an ambitious retail expansion across India and global markets. With a phased omnichannel growth strategy, the brand is poised to become India’s first global lab-grown diamond luxury house.

Rupesh Jain, Founder of Lucira said, “Our vision is to create a premium, design-led fine jewelry destination that begins online and extends into beautifully curated physical spaces. With AI-powered customization, virtual try-ons, and seamless e-commerce, we’re meeting customers where they are digitally native, value-conscious, and experience-driven. Our upcoming flagship stores will bring this vision to life, blending the ease of technology with the emotion of touch. As we expand across India and into global markets, our goal is simple: to make Lucira synonymous with modern luxury that’s personal, purposeful, and proudly Indian.”

Lucira is carving a niche in the fast-evolving bridal jewelry space, with a sharp focus on solitaires, bespoke engagement rings, eternity bands, and convertible pieces for everyday wear. The brand has introduced five exclusive signature cuts, each designed to maximize light, emotion, and brilliance. These aren’t just rings, they’re declarations of love, symbols of milestones, and heirlooms reimagined for a new generation.

Jain added, “Lucira is about elevating meaningful moments with timeless design and ethical brilliance. We’re not just shaping rings, we’re shaping what they represent in today’s world.

For Rupesh Jain, Lucira is more than a comeback, it’s a vision for the future of fine jewelry. One where innovation, ethics, and emotional resonance converge. India’s robust diamond manufacturing ecosystem and supportive government policies provide an ideal backdrop for Lucira’s ambitions. Jain believes India is uniquely positioned to become a major supplier and brand builder in the global LGD market, which has already seen strong demand in international markets as well.

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National News

Natural Diamond Council Successfully Challenges Misleading Ads By Synthetic Diamond Retailers

Jewellery Retailers Ordered To Take Down Misleading Synthetic Diamond Adverts

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Natural Diamond Council has welcomed two rulings from the UK’s advertising watchdog backing its efforts to protect consumers from misleading adverts of synthetic diamonds.

The not-for-profit organisation, which exists to promote and protect the integrity of the global natural diamond industry, complained to the Advertising Standards Authority (ASA) about adverts by two retailers that failed to mention their products were laboratory-grown.

On May 13, 2026, the regulator upheld both complaints. It agreed that UK-based Novita Diamonds and Hong Kong-based Linjer Ltd had misled consumers and were in breach of the UK Code of Non-broadcast Advertising and Direct & Promotional Marketing (CAP Code).

The companies were told their adverts must not appear again with the same wording. The ASA also told them not to “misleadingly” use the term ‘diamond’ to describe their synthetic diamonds in isolation without a clear and prominent qualifier, such as ‘synthetic’ or ‘laboratory-created’.

Amber Pepper, CEO, Natural Diamond Council said:

“This is a victory for consumers. Diamonds carry deep emotional significance and are often bought to mark life’s meaningful moments. It’s vital that consumers can make informed choices in total confidence.

This is not the first time we have successfully challenged advertising that blurs the distinction between mass-produced products grown in a factory and products of nature formed deep in the Earth over billions of years. We applaud the regulator for once again standing up for consumers – something we too will continue to do as part of our wider mission to educate and inspire people on the values of natural diamonds and their positive impact.”

Novita Diamonds Advert

The Novita Diamonds ruling concerned two paid-for Meta ads. The first showed an image of a diamond ring with a description that included the words:

“Novita Diamonds Ready-to-Ship Engagement Rings 1-10 days”

The second ad featured a video showing clips of diamond rings with on-screen text including:

“Premium Diamonds”
“Shop our ready-to-ship collection today – Novita Diamonds”

Linjer Advert

The Linjer ruling related to two paid-for Google ads. Both included the phrase:

“Discover our brilliant diamonds”

What the Rulings Mean for Trade Participants

In both cases, the ASA referenced the National Association of Jewellers’ (NAJ) Diamond Terminology Guideline, which is assured and recognised by Trading Standards in the UK market.

It states that when referring to synthetic diamonds:

  • Use one of the following authorised qualifiers: ‘synthetic’, ‘laboratory-grown’ or ‘laboratory-created’
  • Do not use abbreviations such as ‘lab-grown’ and ‘lab-created’
  • Do not use the terms ‘cultured diamonds’ and ‘cultivated diamonds’
  • Do not use the terms ‘real’, ‘genuine’, ‘precious’, ‘authentic’ and ‘natural’ for synthetic diamonds

The ASA ruled that whether a diamond was natural or synthetic would be a key consideration for many consumers. To avoid misleading advertising, this information must be clearly stated upfront in the advertisement itself — not only on the website consumers visit later.

The Novita Diamonds ruling also clarified that even if an advertisement does not explicitly mention the word “diamond,” a qualifier is still required if the brand name includes the word “Diamonds.”

The ruling against Linjer further confirmed that ASA regulations apply to UK-targeted paid media, including Meta and Google ads, even if the advertiser is based overseas.

A Track Record of Consumer Protection

Natural Diamond Council has challenged misleading advertising several times in recent years.

In 2024, the ASA upheld a complaint against Skydiamond for failing to clearly identify its products as laboratory-grown. While not conducting a separate investigation on UK jeweller Stephen Webster, the regulator informed the company that the same ruling applied to its advertising materials.

The ASA also investigated complaints against Lark & Berry and Idyl, which it considered likely to be in breach of its code. In both cases, the rulings were published as informally resolved after the companies agreed to amend their advertisements.

“These rulings should send a strong message to manufacturers and retailers,” said David Troostwyk, President of the London Diamond Bourse, which jointly filed the latest complaints against Linjer and Novita Diamonds. “Misleading practices exploit the timeless value people associate with natural diamonds to unduly benefit companies at the expense of consumers. We hope the message is now cutting through that irresponsible advertising will not be tolerated.”

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