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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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Jagannath Gangaram Pednekar Jewellers Celebrates Jewellery as a Lifestyle with The Great Jewellery Festival

Month-long festival brings together diamond, gold and silver jewellery for everyday dressing, celebrations, gifting and special occasions

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Jewellery is increasingly becoming part of everyday life, moving beyond weddings and milestone occasions to find a place in everyday dressing, work, celebrations, gifting and personal expression. Reflecting this evolving relationship with jewellery, Jagannath Gangaram Pednekar Jewellers (JGP) is bringing together a diverse range of diamond, gold and silver jewellery through its month-long The Great Jewellery Festival, being held from October 15 to November 15, 2026.

Rather than focusing on a single jewellery category or collection, the festival celebrates the breadth of jewellery available at JGP. From lightweight gold and real diamond pieces to statement designs and wedding jewellery, the festival brings together options suited to different occasions, styles and preferences.

The changing role of jewellery is also reflected in how consumers are making their choices. While weddings, festivals and family celebrations continue to be important occasions for jewellery purchases, consumers are increasingly looking for pieces that can complement their everyday wardrobe. Lightweight earrings, rings and other versatile designs can move seamlessly from work and casual occasions to festive gatherings, while more distinctive pieces can mark celebrations and personal milestones.

The festival will feature real diamond jewellery starting at ₹25,000 onwards and gold jewellery starting at ₹10,000 onwards, offering consumers an opportunity to explore fine jewellery across different styles and price points. The gold offering includes everyday pieces such as rings and earrings, alongside designs suited to more special occasions.

The festival brings together some of JGP’s established collections, each reflecting a different facet of the jewellery experience. Amalia, the brand’s real diamond jewellery collection, has emerged as a hot favourite among consumers, offering diamond pieces that combine elegance with contemporary appeal.


For weddings, Sanvi, one of JGP’s wedding jewellery collections, reflects the enduring appeal of traditional bridal jewellery, while Amrapali, a longstanding bestseller, celebrates the timeless importance of traditional and occasion-led jewellery.

You & Me adds silver jewellery to the portfolio, offering contemporary designs for those looking to express their individual style.


Together, these collections reflect the diverse ways in which consumers engage with jewellery today. A customer may choose a lightweight gold piece for regular wear, a real diamond design for a personal milestone, or traditional jewellery for a wedding or family celebration. The choice is increasingly shaped not only by the occasion, but also by individual taste, lifestyle and the versatility of the piece.

With The Great Jewellery Festival, JGP aims to celebrate this wider role of jewellery while bringing its diverse portfolio together under one platform. The festival builds on JGP’s longstanding heritage and credibility while responding to the evolving expectations of today’s jewellery consumer — from those looking for everyday pieces and contemporary designs to customers seeking wedding jewellery, diamonds and statement pieces for significant occasions.

Speaking about the festival, Sanika Pednekar, Creative Director at Jagannath Gangaram Pednekar Jewellers, said, “

Jewellery today is no longer limited to a few big occasions. People are looking for pieces they can wear to work, for a celebration, as a gift or simply because they want to. With The Great Jewellery Festival, we wanted to bring that entire spectrum together and give customers the freedom to find jewellery that fits their occasion, style and personality.”
The Great Jewellery Festival will be held from October 15 to November 15, 2026, at Jagannath Gangaram Pednekar Jewellers.

Key Highlights:
● The Great Jewellery Festival: October 15 to November 15, 2026
● Jewellery across diamond, gold and silver
● Real diamond jewellery starting at Rs.25,000 onwards
● Gold jewellery starting at Rs.10,000 onwards
● Lightweight, contemporary and everyday-wear designs
● Collections including Amalia, Sanvi, Amrapali and You & Me
● Jewellery for everyday dressing, work, festivals, gifting, weddings and milestones
● A celebration of jewellery as part of modern lifestyle and personal expression

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