National News
Hallmarking Federation of India Updates on silver hallmarking
From September 1, 2025, HUID hallmarking will be enforced for silver jewellery, replacing the old four-logo system, though hallmarking will remain voluntary. BIS-registered jewellers can request HUID hallmarking online or through hallmarking centres, with charges fixed at ₹35 per piece. Articles below 4g remain exempt, and only six fineness levels—from 800 to 990—are permitted, in line with international standards.
Hallmarking Federation of India provided updates on silver hallmarking. Given below are the latest updates
- Presently silver hallmarking is voluntary, and not mandatory, for manufacturers and retailers and there is no change in the voluntary hallmarking status even after 1 Sep 2025
- Presently HUID hallmarking is done only for gold jewellery articles and for silver, presently it is old 4 logo hallmarking
- From 1 Sep 2025, HUID hallmarking is enforced for silver articles also, that is to say no more old logo hallmarking for silver jewellery, instead AHCs shall be doing HUID hallmarking on silver articles also. Even after 1 Sep 2025, old hallmarked silver articles can be sold in the shops
- At silver jewellery shops having BIS registration for silver, for getting their silver hallmarking in HUID, they have to submit a hallmarking request online to the BIS portal. First, visit the BIS website, go to the hallmarking dashboard, select your nearest silver hallmarking centre and upload the details of the silver articles to be hallmarked. After HUID hallmarking is completed, the AHC will be issuing a delivery voucher along with hallmarked jewellery
- Another option for the jeweler is to go to the HM centre and the HM centre will upload jewellery details to the BIS portal for generating the HM request on behalf of the jeweler.
- Presently all silver jewellery articles below 4 gm weight need not be hallmarked. That is to say as and when mandatory hallmarking is introduced, all silver jewellery below 4 gm weight are exempted from the purview of mandatory hallmarking
- The BIS prescribed hallmarking charges is Rs 35 per piece. As per BIS guidelines, the hallmarking charge of Rs 35/piece shall be mentioned in the sales invoice of the seller, and can be collected separately from the buyer.
- Presently silver hallmarking is permitted in 6 fineness of 800, 835,900, 925, 970 & 990. Many trade associations have demanded lower purities of 700 etc for silver hallmarking, but the technical committee has rejected it citing that internationally 800 is the lowest purity permitted for silver and the Indian standards have to be aligned with international standards.
National News
Bengaluru-based lab-grown diamond jewellery startup ONYA raises ₹5.5 crore in pre-seed funding led by Zeropearl VC
The brand scales to four profitable high-street stores in Bengaluru, touching ₹2 crore MRR in 11 months
ONYA, one of India’s fastest-growing offline-first, premium lab-grown diamond jewellery brands, has raised Rs.5.5 crore in a pre-seed round led by Zeropearl VC. The round also saw participation from prominent angel investors including MyGate founders Vijay Arishetty, Abhishek Kumar, Shreyans Daga, and Rohit Jindal; UrbanVault founder Amal Mishra; and Alkendra Pratap Singh, Managing Director of Crescendo Industries Pvt. Ltd. and Director of KE Engineers Pvt. Ltd., among others. The fresh capital will be used to accelerate ONYA’s offline retail expansion across major Indian cities.
ONYA, short for “On You,” was founded on a simple idea: to create art that looks good On You. The inspiration came from a deeply personal moment when two people ready to begin their life together realized that the ring they loved was beyond reach. That experience sparked a mission to make beautifully designed and meaningful diamond jewellery accessible to everyone. Today, ONYA stands for crafting soulful lab-grown diamond pieces that mark life’s most cherished celebrations in every Indian home.
Within 11 months, ONYA has expanded to four profitable high-street stores in Bengaluru, achieving a monthly revenue run rate of ₹2 crore. The company has also strengthened its leadership team with the appointment of Gaurav Choudhary, former Director of Products at xto10x, who joins as Co-founder.

Himani Yadav, Founder of ONYA, said, “ONYA didn’t begin as a business idea — it began with a personal moment. My engagement ring was a lab-grown diamond long before the category became mainstream, and that experience made me realize how many people felt priced out of meaningful jewellery. ONYA was created to change that by bringing emotion, accessibility, and intention back into fine jewellery.
Being backed by Zeropearl VC at this stage — and by someone like Bipin, who brings a decade of deep consumer-brand investing experience, including in jewellery — adds immense value and clarity to our journey. The fact that ONYA fits naturally into Zeropearl VC’s Indiluxe thesis reinforces that we’re building in the right direction. This partnership gives us the confidence to take thoughtfully designed lab-grown diamonds to more homes across India.”
Bipin Shah, Founder and Managing Partner, Zeropearl VC, said At Zeropearl VC, we back founders who deeply understand the problem they’re solving — and Himani’s clarity stood out from day one. The ONYA team is already showing early signs of cracking an offline & Design first approach in premium lab-grown diamond space which strongly aligns with our Indiluxe thesis. Young India’s shift in how they view jewellery is undeniable, and ONYA is building right at that inflection point.

Their design focus and customer obsession give us strong confidence — and we see this as a gateway to expanding into more premium, next-gen consumer categories over time.” ONYA’s jewellery features IGI-certified lab-grown diamonds set in BIS Hallmarked gold, blending scientific precision with elegant design. With this investment, ONYA plans to expand its product lines, open more customer-first experience stores, and deepen its connection with India’s growing base of conscious luxury
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