National News
Forevermark Diamond Jewellery Strengthens Growth Momentum ahead of Akshaya Tritiya
Akshaya Tritiya marks a time of new beginnings and prosperity and remains one of the most significant occasions for jewellery purchases among Indian consumers. Ahead of this auspicious season, Forevermark Diamond Jewellery is accelerating its growth momentum to tap into this heightened demand. Following its launch last year as a diamond jewellery brand for modern Indian consumers, the brand has witnessed a strong growth trajectory driven by retail expansion and consumer-first innovation.

Under the leadership of Mallikarjuna Reddy Yarabolu, Managing Director, Forevermark, De Beers India Pvt. Ltd., the brand continues to accelerate its national expansion and strategic transformation. Earlier this year, Forevermark strengthened its retail presence with the launch of De Beers Group’s largest global flagship store in Mumbai, a milestone that underscores the brand’s growing leadership in the Indian luxury jewellery market. This momentum continues with the brand’s entry into emerging luxury hubs such as Chandigarh and Patna, reaffirming Forevermark’s commitment to reaching consumers beyond traditional metro strongholds. Over the past several months, Forevermark Diamond Jewellery has rolled out high-impact initiatives across merchandising, marketing, operations, digital and omni-channel experiences, collectively driving measurable progress toward a more customer-centric, modern, and scalable retail model. Today, the brand operates eight stores nationwide, supported by a network of smaller-format stores designed for efficiency and locally relevant assortments. Complementing this footprint are two flagship stores, which anchor Forevermark’s brand presence while enabling the wider retail network to offer curated, market-specific collections.
Speaking on the evolving market dynamic, Mr Reddy Said:

“Akshaya Tritiya remains a deeply significant occasion for Indian consumers, symbolising prosperity, new beginnings, and meaningful bonds. Today, diamond purchases are increasingly driven by intent, emotional value, and a desire for authenticity. Consumers are choosing natural diamonds to celebrate personal milestones, values that align closely with Forevermark’s commitment to transparency, integrity, and responsible sourcing. As we expand our presence across the country, we are bringing our promise of rare, natural diamonds closer to consumers, enabling them to celebrate with pieces that hold lasting value and timeless meaning.”
Forevermark Diamond Jewellery has undertaken a comprehensive merchandising reset to enhance product availability and ensure retail consistency across its network. The rollout of standardised 800 sq. ft. and 1500 sq. ft. store formats, along with a newly implemented six-tier pricing architecture, has strengthened the brand’s ability to serve both value-seeking and premium consumers, enabling broader category participation.
On the marketing front, the brand has deepened consumer engagement by focusing on experience-led retail and high-affinity storytelling. Forevermark’s omni-channel ecosystem continues to gain momentum, with digital initiatives delivering robust engagement and conversion outcomes.


This momentum places Forevermark at the forefront of a rapidly expanding diamond jewellery market in India. India has now emerged as the world’s second-largest diamond jewellery market, capturing 12% of global demand and surpassing sales value in China and Japan, driven by rising incomes, strong Gen Z and millennial adoption, and a growing preference for natural diamonds.
Forevermark stands poised for a strong Akshaya Tritiya season and sustained growth ahead, supported by deep consumer trust, expanding retail access, and a rapidly evolving diamond jewellery market that continues to redefine India’s luxury landscape.
This Akshaya Tritiya, all purchases above INR 3,00,000 are complemented by a first-of-its-kind exclusive gold diamond coin, crafted by Forevermark to mark a moment of lasting significance.
National News
Senco Gold & Diamonds Partners With Olocker to Give Customers Free Jewellery Insurance, Letting Precious Memories Be Worn, Not Hidden Away
A Customer-First Initiative Designed to Help People Wear Their Precious Memories with Confidence.
Senco Gold & Diamonds, one of India’s most trusted jewellery houses, has partnered with Olocker, India’s first dedicated jewellery insurance platform, to offer free jewellery insurance to its customers, protecting purchases against risks such as snatching, robbery, and housebreaking.
On the surface, it’s a simple value-add: buy jewellery from Senco, get it insured, at no extra cost. But the thinking behind it is more personal — the freedom to actually live with the things you love.
There is a quiet ritual that plays out in homes across India every wedding season, every anniversary. A piece of jewellery is bought with love, worn once or twice with pride — and then, almost apologetically, tucked away in a bank locker for “safekeeping.” The very thing meant to be cherished ends up spending most of its life in the dark.
A Locker Is No Place for a Memory
Ask any family that owns fine jewellery, and you’ll hear the same quiet anxiety: the fear of stepping out wearing something precious, the fear of a break-in while the house is empty. For many, the solution has always been the same — lock it away, take it out only for weddings and festivals, and let it sit untouched the rest of the year.
It’s a practical response to a real risk, but it also means jewellery bought to mark a marriage or a milestone ends up being seen far less than it deserves.
This is the exact problem Senco Gold & Diamonds’ Managing Director, Suvankar Sen,

has spoken about wanting to solve. Known for a customer-first philosophy that goes beyond transactions, Sen has often said jewellery should be something people live with, not something they merely own. “Jewellery is never just metal and stone,” Sen said, explaining the thinking behind the Olocker partnership. “It’s a wedding day, a mother’s blessing, a promise kept. When customers can’t step out wearing it, or can’t leave home without worrying about a break-in, something is broken in that experience. We wanted to fix that.”
That sentiment is the quiet engine behind this initiative. Rather than simply selling jewellery and stepping back, Senco has chosen to walk the extra mile — ensuring that once a customer takes a piece home, they can wear it freely and pass it down through generations, without the constant undercurrent of worry.
What the Partnership Actually Offers
Through this collaboration, Senco customers receive free jewellery insurance via Olocker on qualifying purchases, protecting against snatching, robbery, and housebreaking.
Olocker, India’s first digital platform dedicated to jewellery insurance and asset tracking, brings the technical and insurance backbone — while Senco brings its decades of trust, built since 1938, to make sure customers actually use it.
For a family that has just bought a piece for a wedding, this means peace of mind — wearing that necklace to a dinner without the nagging thought of “what if someone snatches it,” or “what if someone breaks in while we’re away.”
A Partnership Built on Shared Intent
The excitement isn’t one-sided. At Olocker, the partnership is seen as validation of the idea the platform was built on — that jewellery insurance should be a natural, everyday companion to ownership, not a niche afterthought.
“This is genuinely one of the most exciting collaborations we’ve been part of,” said Milind Shethia, Founder & Chief Marketing Officer at Olocker. “Our mission has been to help people wear their jewellery instead of locking it away, and partnering with a name as trusted as Senco brings that mission to millions of customers at once.
What’s heartening is Mr. Sen’s own approach — he didn’t look at it as a marketing tie-up, but as giving something back to people who’ve trusted Senco for generations. That kind of intent is rare, and it’s exactly the spirit we built Olocker around.”
That mutual sense of purpose is what gives this partnership its quiet credibility. It isn’t a scheme or a promotional hook, but two organisations agreeing on a simple, shared belief: jewellery should be lived in, not locked up.
A Bigger Idea About Ownership
There is a broader philosophy at play, one Suvankar Sen has championed throughout his tenure at Senco — that jewellery is an emotional asset as much as a financial one, and customers shouldn’t have to choose between enjoying it and protecting it.
This partnership feels less like a marketing initiative and more like a promise kept, reflecting a leadership style that measures success in something harder to quantify — how cared for a customer feels long after leaving the showroom.
As jewellery increasingly doubles as adornment and investment, initiatives like this one may well set a new benchmark for customer care in the industry.
Senco, through its partnership with Olocker, isn’t just insuring jewellery against snatching or a break-in — it’s giving people back the freedom to wear their memories, out loud, without fear.
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