loader image
Connect with us

National News

GSI commences operations of exclusive lab facility at Bharat Ratnam Mega CFC, Mumbai

GSI’s new lab, spanning 2,500 sq. ft., offers a comprehensive suite of gemological services from diamond jewellery grading to identification of geographic origin in gemstones

Published

on

108 views

Following the successful soft launch announced earlier, Gemological Science International (GSI) officially commenced operations at its exclusive lab facility within Bharat Ratnam Mega CFC, Mumbai an initiative by the Ministry of Commerce and GJEPC. The inauguration ceremony on 27 February 2025 marked a significant milestone in strengthening India’s jewellery ecosystem with advanced gemological services.

The event featured an introduction to GSI’s services at Bharat Ratnam Mega CFC, followed by a formal lamp-lighting ceremony and lab launch by Mr. Ravi Menon, CEO of Bharat Ratnam Mega CFC, and Mr. Ramit Kapur, Managing Director of GSI India. The launch was attended by members of the Mega CFC board and leading jewellery manufacturers, underscoring the industry’s commitment to quality and innovation.

Located within SEEPZ, Bharat Ratnam Mega CFC is a pioneering initiative that bridges gaps in India’s jewellery sector by providing modern technology, research, and training facilities. GSI’s new lab offers a comprehensive suite of gemological services, including Diamond Grading and Assortment, Screening Services, Gemstone Identification, Geographic Origin Determination for Gemstones, Identification of Diamond and gemstone Treatments, Laser Inscription and more.

Speaking at the inauguration, Ramit Kapur, MD, GSI India, highlighted the strategic significance of the facility. “Bharat Ratnam Mega CFC is set to redefine jewellery manufacturing in India, and GSI is proud to be the sole certification partner in this transformative journey with our exclusive facility. Our state-of-the-art lab ensures quicker certification turnaround times, allowing new manufacturers and retail players to access world-class services and build consumer trust effortlessly. With our expertise and advanced technology, we aim to strengthen the industry’s global competitiveness.”

With this launch, GSI reaffirms its commitment to innovation, reliability, and excellence in gemological services, empowering jewellers and manufacturers to thrive in an evolving market.

Continue Reading
Advertisement
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

National News

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

Published

on

2,164 views

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.

Continue Reading

National News

GJEPC to Attend Angola Ministerial Summit on Natural Diamond Promotion

Published

on

2,141 views

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.

Continue Reading

National News

ISGJ Unveils its Refreshed Identity, Launches New Logo

Published

on

2,133 views

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.

Continue Reading
Advertisement

Trending

CONTACT US

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

error:
0
Would love your thoughts, please comment.x
()
x