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IGI Acquires AGL to Strengthen Global Colored-Gemstone Certification

Deal combines IGI’s global scale with AGL’s scientific expertise, reinforcing trust, transparency and innovation in gemstone grading.

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The International Gemological Institute (IGI) has acquired American Gemological Laboratories (AGL), marking a significant step toward expanding its global colored-gemstone certification services. The acquisition brings together IGI’s extensive international network, infrastructure and market presence with AGL’s deep scientific leadership in colored gemstones.

Calling the move transformational for the industry, IGI Global CEO Tehmasp Printer said the combination will help build a future-ready certification ecosystem that delivers scale without compromising scientific rigor or integrity. He added that the partnership aims to set new global benchmarks for trust, transparency and consistency in gemstone certification.

AGL will continue to operate independently, retaining its headquarters in New York. Chris Smith will remain president and chief of gemology. Both organizations will maintain their existing technical standards and service levels, while collaborating on the development of new tools, reporting formats and provenance solutions for the global market.

IGI said the acquisition also strengthens strategic ties between the US—the world’s largest fine jewellery and colored-gemstone market—and India, a key global manufacturing hub, further supporting international trade and industry integration.

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New Premises

Prismara By KGK Group Launches Its First Retail Store In New Delhi, Introducing A New Era Of Lifestyle Jewellery

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Prismara by KGK Group, India’s emerging lifestyle jewellery brand redefining modern luxury, has announced the launch of its first-ever physical retail store in the capital. Located at Ground Floor, Right Side Portion, A-89, Central Market, Lajpat Nagar, New Delhi – 110024, the store marks Prismara’s formal entry into offline retail and its debut in one of India’s most vibrant jewellery markets.

This milestone is more than a store opening—it marks Prismara’s official debut as a fully immersive, in-person lifestyle jewellery experience. Backed by the 120-year legacy of the KGK Group, Prismara brings to Delhi a distinctive proposition: the fusion of lab-grown diamonds with natural gemstones such as rubies, sapphires, and emeralds, sourced through KGK’s global mining and supply network.

Designed as a lifestyle jewellery destination rather than a traditional showroom, the Prismara store offers a warm, curated, and pressure-free environment. Customers can explore myriad collections including rings, earrings, pendants, bracelets, and charms while gaining a deeper understanding of craftsmanship, sourcing, and materials.

Every piece is crafted in 14k and 18k gold and available in rose, white, and yellow finishes. Each piece is also BIS hallmarked and certified, ensuring authenticity and transparency. Prismara stands apart in the lab-grown diamond space by moving beyond affordability and ethics, combining lab-grown diamonds with naturally sourced coloured gemstones to offer a distinctive lifestyle jewellery offering.

Saransh Kothari, CEO, Prismara, representing the fifth generation of the KGK Group, said:

“Natural gemstones carry the story of the earth. Lab-grown diamonds carry the story of what we can build. Prismara brings them together — not as a compromise, but as a statement. Delhi is where we bring that statement to life for the first time — where people can walk in, feel the pieces, and decide what they mean to them. We want people to wear color, play with it, and feel that what they put on actually matters.”

This fusion is powered by KGK Group’s vertically integrated global operations, spanning mines to retail across 20+ countries, with direct sourcing from Myanmar, Zambia, Tanzania, and Colombia, ensuring unmatched provenance among new-age jewellery brands. The collections include Ombre (gradient designs), Kaleido (vibrant multi-stone pieces), Flora & Fauna (nature-inspired), Forever Love (romantic jewellery), and Timeless Classic (everyday essentials).

Special Launch Offer

To celebrate the grand opening, Prismara is offering 0% making charges for the first 100 customers, exclusively at the Lajpat Nagar store.

Following its Delhi debut, Prismara plans to expand into Gurugram and Jaipur, with a focused, experience-led retail strategy. The brand aims to establish itself as India’s most credible and loved lifestyle jewellery brand for the new generation, bridging heritage craftsmanship with contemporary expectations.

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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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