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Ekatra Reaches Rs 100 Crore Valuation Within 100 Days Of Launch, Raises Rs 10 Crore In Strategic Investment

As Gold Trades At Record Highs, The Lab-Grown Diamond House Is Betting Two Years Of Quiet R&D On Lightweight Fine Jewellery

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Ekatra Retail Ventures Pvt. Ltd., a design, technology and content company, has raised Rs 10 crore in strategic investment at a valuation of Rs 100 crore, within 100 days of launch. The round saw participation from strategic investors, and follows Rs 10 crore of founder capital deployed over two years of pre-launch development. The capital will support brand building, retail expansion and product innovation across India and international markets.

Founded by Pavitra Gandhi, Ekatra has also announced Ekta Kapoor and Sussanne Khan as Co-Founders of Ekatra Jewels, with Sussanne Khan additionally taking on the role of Co-Founder and Design Director. Ekatra owns its end-to-end value chain on a vertically integrated, farm-to-finger model. The company grows and cuts its own Type IIa lab-grown diamonds — the rarest category, roughly 2% of all diamonds — and holds four patented cuts, including the 108-facet Shristi Ratna™, alongside proprietary hollow gold construction technology.

Pavitra Gandhi, Founder, Ekatra Jewels, said:

“Ekatra was built with the belief that the future of luxury lies in owning every part of the journey, from innovation and craftsmanship to consumer experience. This investment validates our vision and gives us the momentum to scale thoughtfully, expand globally and continue creating jewellery that blends technology, design and everyday elegance.”

Vasuki Punj, Founder & Strategic Investor, said:

“From day one, our focus has been on building a differentiated business with strong fundamentals, not chasing short-term milestones. This investment reflects confidence in our long-term vision, our integrated model and our ability to create a globally relevant luxury brand from India.”

Ekta Kapoor, Co-Founder, Ekatra Jewels, said:

“Every industry eventually reaches a point where convention has to make way for reinvention. I believe luxury is at that moment today. Ekatra isn’t here to participate in the category; it’s here to challenge it, with innovation, design and a completely new way of thinking about fine jewellery. The brands that will define the future are the ones that dare to rewrite the rules, and that’s exactly what we’re building.”

The announcement comes as gold trades at record highs of over Rs 1.5 lakh per 10 grams in India, up more than 30% in a year, forcing the industry to confront how much metal a piece actually needs. Ekatra spent its two pre-launch years answering that question: its hollow gold construction technology delivers the scale and presence of statement jewellery using a fraction of the gold — engineering the volume rather than buying it.

Sussanne Khan’s newly launched OH MY GOLD collection is the first full expression of that work.

Sussanne Khan, Co-Founder and Creative Director, Ekatra Jewels, said:

“With the OH MY GOLD collection, we wanted to challenge the idea of what statement jewellery can feel like. The collection is built on one bold idea, jewellery can look chunky, big and luxurious without using a lot of gold. By bringing together real gold, smart engineering and lab-grown diamonds made in India, we’ve created pieces that make a statement while remaining surprisingly light and effortless to wear every day. It’s the look of heavy jewellery, without the heaviness.”

With a library of more than 5,000 designs developed for India, the United States and the Middle East, Ekatra aims to build a globally relevant luxury brand from India.

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Kalamandir Jewellers Brings India’s Largest Platinum Experience Zone To Consumers In Vadodara

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Kalamandir Jewellers has unveiled India’s largest Platinum Experience Zone at its new flagship store in Vadodara, creating a dedicated destination for consumers to explore platinum jewellery across designs, occasions and price points. The launch strengthens the visibility of platinum jewellery in Gujarat and complements Platinum Guild International’s (PGI) ongoing efforts to build awareness and appreciation for the metal through consumer education, design innovation and marketing.

Housed over more than 1,000 square-feet, the new zone features a wide assortment from Men of Platinum, Platinum Evara and Platinum Love Bands, including chains, bracelets, kadas, couple bands, neckwear and bangles. The collections cater to a range of needs, from everyday wear and gifting to celebrations and relationship milestones.

For Kalamandir Jewellers, the Vadodara flagship marks an important step in strengthening its presence in its home market of Gujarat. It also expands the jeweller’s platinum offering by giving the category greater space, visibility and variety.

Kalamandir Jewellers already has dedicated Platinum Experience Zones across six of its stores. The new Vadodara flagship takes this further with its largest Platinum Experience Zone to date, expanding access to platinum jewellery in one of the brand’s key markets.

Milan Shah – Director, Kalamandir Jewellers, shares:

“At Kalamandir, we have always believed that the jewellery purchase should be an experience in itself. With platinum, we can connect with a new generation of younger consumers who are looking for jewellery that carries personal meaning and reflects who they are. Our focused approach to the category began with our first Platinum Experience Zone at Ahmedabad, and in Vadodara we have taken that thinking further. From the assortment we have curated, to the way the space is designed and serviced, every element has been shaped around the expectations of our clientele.

For us, platinum is an experience-led purchase, and this zone is about giving consumers the choice, environment and level of service that such a purchase deserves.”

Designed to make browsing more experience-led, the Platinum Experience Zone uses clean architectural lines, premium finishes, soft platinum-inspired tones and focused lighting to distinguish the category within the larger store. Rather than functioning simply as a display counter, the space allows consumers to see the breadth of platinum jewellery together and understand how the category can fit different styles, occasions and budgets.

Vaishali Banerjee – Head of Global Market Development and Managing Director – India & Middle East, Platinum Guild International elaborated:

“Consumers are at the heart of everything we do at PGI. We have shared a long-standing association with Kalamandir Jewellers, which has consistently championed the platinum category and helped bring it closer to younger consumers. We congratulate the entire Kalamandir Jewellers team on taking this significant step in Vadodara with the launch of India’s largest Platinum Experience Zone. This concept moves the purchase moment beyond traditional display formats by putting consumer discovery and engagement at its centre.

Platinum has a set of truly distinctive attributes, and the product becomes even more meaningful when the purchase experience reflects the same attention to detail and discernment. The new Platinum Experience Zone responds to how young consumers in India increasingly want to engage with jewellery today, and sets an important benchmark for how platinum can be presented at retail.”

The assortment at the Platinum Experience Zone reflects how platinum jewellery has expanded beyond a single purchase occasion. Lighter, contemporary pieces offer options for everyday wear and gifting, while bracelets, kadas, bangles, neckwear and couple bands cater to celebrations and milestone purchases.

Kalamandir Jewellers will also offer exchange and buyback facilities for platinum jewellery, along with the ‘One India One Price’ proposition, aimed at providing greater consistency and transparency across locations. These services add reassurance by making value, service and post-purchase support part of the overall buying experience.

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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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