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GJEPC Organizes MSME Seminar in Ujjain to Strengthen Jewellery Exports

Over 100 Jewellers Attend Seminar to Explore Government Support, Export Opportunities, and Industry Insights

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The Gem and Jewellery Export Promotion Council (GJEPC), in partnership with local trade associations, hosted a one-day MSME seminar in Ujjain, Madhya Pradesh, on March 2nd. The event aimed to enhance exports and provide support to small businesses in the jewellery sector. Over 100 jewellers participated in the seminar, which was organized in collaboration with the Sarafa Association, Freeganj; the Silver Gold Merchant Association, Lakherwadi; the Silver Gold Merchant Association, Patni Bazaar; and the Nayapura Association.

The seminar was inaugurated by Ms. Kalavati Yadav, Chairperson of Ujjain Municipal Corporation, and Mr. Sanjay Agarwal, President of the BJP. Both dignitaries emphasized the pivotal role of exports in driving economic growth and assured full state government support for infrastructure development and export initiatives in Madhya Pradesh’s gem and jewellery sector.

Industry experts covered critical topics for MSMEs in the jewellery trade. Mr. Nilesh Trivedi, Assistant Director of MSME, Madhya Pradesh, shared information about various government schemes designed to assist small and medium enterprises. Ms. Aakansha Mishra, Officer at the Bureau of Indian Standards (BIS), Bhopal, spoke about the importance of hallmarking in maintaining jewellery quality standards. Mr. Mithilesh Pandey, Director of Membership at GJEPC, highlighted the Council’s role in facilitating export opportunities.

Participants also gained valuable insights into GJEPC’s initiatives, including the India International Jewellery Show (IIJS), IJEX Dubai, international exhibitions, business networking platforms, and the PM Vishwakarma scheme.

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GIVA to raise Rs 450 cr in Series C round led by Creaegis

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Omnichannel jewellery startup Giva is gearing up to raise ₹450 crore (approximately $53 million) in its latest Series C funding round. The round is led by Creaegis Capital, with participation from prominent investors including Premji Invest, Epiq Capital, Edelweiss Discovery Fund, and Usha Dalmia Trust.

The funds raised will primarily be used to support Giva’s operational needs, such as: Expanding hiring-Marketing campaigns-General corporate expenses-Other business plan initiatives.

In addition to equity funding, Giva secured ₹30 crore in debt financing from Alteria Capital, as revealed in a separate filing. The company has also expanded its Employee Stock Option Plan (ESOP) by adding 15,853 equity shares worth ₹41 crore, increasing the total ESOP pool value to ₹203 crore ($24 million).

As per Entrackr, the valuation of Giva stood at ~₹3,950 crore ($465 million), reflecting a doubling in value from its previous funding round of ₹255 crore.

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GJEPC to Attend Angola Ministerial Summit on Natural Diamond Promotion

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GJEPC announced its active participation in the upcoming Ministerial Summit on Natural Diamond Promotion to be held on 18 June in Luanda, Angola. Representing India at the summit will be Mr. Shaunak Parikh, Vice Chairman, GJEPC and Mr. Sabyasachi Ray, Executive Director, GJEPC.

This high-level gathering will include participation from global industry leaders representing the global natural diamond value chain including mining major De Beers. The initiative seeks to engage a new generation of consumers by reinforcing the ethical sourcing, natural origin, and socio-economic contributions of diamonds to producing nations and communities.

The summit is organised by Angola’s Ministry of Mineral Resources, Petroleum and Gas (MIREMPET), and will host ministers from Botswana, South Africa, Namibia, Lesotho, Sierra Leone, and the Democratic Republic of Congo (DRC), along with industry bodies like GJEPC, DMCC, AWDC and other international associations.

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ISGJ Unveils its Refreshed Identity, Launches New Logo

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The International School of Gems & Jewellery (ISGJ), India’s premier institute dedicated to gems, jewellery and allied business education, proudly unveils its refreshed identity through the launch of a new logo. This bold rebranding marks a significant milestone in ISGJ’s journey as it continues to redefine the future of jewellery education in India and beyond.

Founded with the vision to empower the next generation of jewellery designers, gemologists, and business professionals, ISGJ has built a reputation for excellence in education, industry-relevant training, and innovation. Over the years, it has nurtured talent that now shines across global jewellery markets.

The new ISGJ logo, a regal red and gold shield bearing a geometrically crafted gem at its heart, represents the institution’s commitment to brilliance, tradition, and forward-thinking. The laurel wreath surrounding the emblem evokes honour, prestige and achievement, values that remain at the core of ISGJ’s mission.

“This rebranding is not just about a visual shift; it represents a deeper evolution of ISGJ’s identity.” says Mr. Kalpesh Desai, Founder & Chairman, International School of Gems & Jewellery. “We are blending tradition with innovation, staying rooted in the artistry of the past while embracing the tools, technologies and perspectives of tomorrow.”

With this rebranding, ISGJ is excited to announce:

  • New-Age Programs: Alongside its existing industry-acclaimed courses in jewellery design, gemmology, and business management, ISGJ will introduce new programs focusing on digital jewellery design, luxury branding, jewellery retail technology and international trade practices.
  • Global Industry Integration: Expanded collaborations with global jewellery houses, exhibitions, internships and virtual learning platforms.
  • Revamped Learning Environment: A revitalized campus experience enhanced virtual labs and one-on-one mentoring from industry leaders.
  • Job & Career Centre Expansion: Greater emphasis on career placements and global job opportunities through ISGJ’s dedicated career cell.

The launch of the new logo and rebranding reflects ISGJ’s renewed promise to foster innovation, excellence and a global perspective in every aspiring jewellery professional.

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