National News
Firefly diamonds marks first anniversary with launch of new collection, website and national expansion plans
Firefly Diamonds, one of India’s fastest-growing lab-grown diamond jewellery brands, is celebrating its first anniversary with a series of announcements. These include the launch of a new collection, the unveiling of its website, exclusive festive offers, and a roadmap for future expansion.
In just one year, Firefly has grown from its debut store in Mumbai to six boutiques across four cities including Mumbai, Pune, Bengaluru, and Hyderabad
The launch of fireflydiamonds.com represents a major milestone in the brand’s omnichannel journey. The platform brings Firefly’s premium in-store experience online, enabling customers across India to browse collections, personalize pieces, and shop from the comfort of their homes all while staying true to the brand’s hallmark of craftsmanship, sustainability, and modern luxury.

“Our new website is more than just a digital storefront, it’s an extension of the Firefly experience,” said Adit Bhansali, Co-founder, Firefly Diamonds. “By blending high-touch service with cutting-edge technology, we’re making premium diamond jewellery accessible and enjoyable for a new generation of shoppers. From personalized designs to timeless pieces for engagements, weddings, and other cherished milestones, Firefly aims to be more than a jeweler, we aspire to be a trusted companion in life’s most meaningful moments.”
To mark its anniversary and the festive season, Firefly has introduced a bouquet of offers and services designed around customer delight.
- Firefly Studio – A ring design experience that allows customers to fully personalise their ring. This can be experienced in-store or online with 360-degree visuals and live pricing.
- Firefly Concierge / Try at Home: Integrated with the new website, this service lets customers shortlist pieces online and experience them at home before purchasing. With expert styling support, it bridges the brand’s digital and in-store touchpoints, creating a true omnichannel experience
- Firefly Family – The Firefly Family is a loyalty program with unique rewards and experiences, reserved exclusively for its most valued customers
- Old Gold Exchange: Allows customers to bring in existing gold jewellery and convert it into Firefly store credit, with a generous top-up for added value
Announcing the launch of its new collection- All Ways You, the brand continues to honor its heritage techniques while embracing innovative design. The new collection redefines versatility in premium design, showcasing how a single piece of jewellery can be worn and utilized to suit every occasion. For example, a custom-engineered lock integrated into the design, transforms a ring into a pendant offering multiple styling possibilities. Designed for the contemporary woman, All Ways You, transforms how jewellery is worn, turning every piece into a statement of adaptability and style.
Earlier this year, Firefly secured $3 million in funding from WestBridge Capital and others. This investment reinforces Firefly’s mission to democratize diamond ownership and build India’s most trusted lab-grown diamond brand. Looking ahead, the company plans to continue expanding its offline footprint across new cities while strengthening its digital presence in 2026 bringing its unique blend of luxury, sustainability, and innovation to more customers nationwide.
National News
GJC Delegation Meets RBI Deputy Governor, Makes GMS Presentation
The Proposal Was Acknowledged As An Innovative Initiative With The Potential To Become A Game Changer For The Industry and The Nation.
A GJC delegation comprising Vice Chairman Avinash Gupta, Legal Consultant CA Bhavin Mehta, and National Secretary Mitesh Dhorda met with Shirish Chandra Murmu, Deputy Governor of the Reserve Bank of India, along with his senior team.
During the meeting, the delegation made a detailed presentation on the proposed Gold Monetization Scheme (GMS). The RBI team appreciated the concept of the scheme. The proposal was acknowledged as an innovative initiative with the potential to become a game changer for the industry and the nation.
GJC remains committed to working closely with all stakeholders —including the government, banks, jewellers, gold depositors, and temple trusts—in the larger national interest and for the sustainable growth of the GJ industry.
The Gold Monetization Scheme (GMS) in India was launched with the primary objective of reducing gold imports by mobilizing the vast amount of idle gold held by households, institutions, and temple trusts, thereby decreasing the country’s heavy reliance on gold imports. By encouraging depositors to bring their unused gold into the formal banking system, the scheme puts this dormant gold into productive economic purposes, such as meeting the needs of jewellers and industries without requiring fresh imports.
Additionally, the scheme allows depositors to earn interest on their gold deposits instead of keeping gold idle at home, transforming a non-yielding asset into an income-generating investment while simultaneously strengthening India’s gold supply chain and reducing the trade deficit.
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