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Goldiam raises Rs. 202 cr,  to drive expansion of LGD business

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Goldiam International Ltd., a leading diamond jewellery exporter and a fast-growing player in the lab-grown diamond (LGD) segment, has raised Rs. 202 crore through a Qualified Institutional Placement (QIP).The fundraise, facilitated by Monarch Networth Capital, saw participation from marquee global and domestic investors including Morgan Stanley.

The capital infusion will drive the aggressive expansion of ORIGEM, Goldiam’s consumer-facing LGD jewellery brand, with plans to open 70 to 90 stores across India over the next 18 to 24 months.

ORIGEM has opened six stores in the past 10 months. Backed by a debt-free balance sheet, steady cash flow generation, and a track record of returning nearly Rs 200 crore to shareholders through dividends and buybacks in the last five years, Goldiam said it is positioned for sustainable growth.

On a consolidated basis, the company expects 15% to 20% growth in both sales and profitability this year, driven by its global B2B business and fast-scaling Indian B2C retail presence.

Anmol Bhansali, Director at Goldiam International Ltd., said, “This fundraise marks a defining moment in Goldiam’s journey. With the support of marquee investors, we are now well-positioned to accelerate ORIGEM’s expansion and bring lab-grown diamond jewellery to a much wider audience across India. Our vision is to make diamonds more sustainable, accessible, and aspirational, and this capital will help us build the country’s leading retail franchise in the lab-grown diamond category.”

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Akoirah By Augmont Celebrates The Sibling Bond With Laboratory-Grown Diamond Rakhis

Contemporary, Customisable Rakhis Blend Traditional Symbolism With Modern Fine Jewellery Sensibilities For A Meaningful Raksha Bandhan Gift.

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This Raksha Bandhan, Akoirah by Augmont brings a contemporary expression to one of India’s most cherished celebrations with its new collection of laboratory-grown diamond rakhis, combining traditional symbolism with modern jewellery design. Created for the evolving Indian consumer who seeks meaningful and distinctive festive gifting, the collection transforms the traditional rakhi into a keepsake that goes beyond the occasion with customisable designs available in options such as initials, zodiac signs, and other personalised motifs tailored to individual style and preference.

The collection features an assortment of handcrafted designs incorporating meaningful motifs such as the evil eye, Swastika and Ik Onkar, alongside personalised initial-led designs. Each motif brings its own symbolism, representing protection, prosperity, faith and personal connection while laboratory-grown diamonds add a refined, contemporary touch to the traditional expression of siblinghood.

Designed across earthy and versatile colour palettes, the rakhis pair beaded elements in shades of black, brown and blue with diamond-studded motifs. From the understated elegance of a diamond initial rakhi to statement-making designs featuring the evil eye and spiritual symbols, the collection offers options that cater to different personalities and styles.

With this collection, Akoirah by Augmont seeks to elevate festive gifting by bringing fine jewellery sensibilities into a traditionally rooted celebration. The rakhis are designed not merely as festive accessories, but as meaningful pieces that can be cherished beyond Raksha Bandhan, reflecting the brand’s approach to making jewellery more personal, contemporary and relevant to everyday occasions.

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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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