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IIG Deepens Its Legacy & Reaffirms its Commitment to Talent with Continued Partnership at 14th National Jewellery Awards

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The International Institute of Gemology (IIG) continues to raise the bar in design education and industry collaboration with its proud association at the 14th edition of the National Jewellery Awards (NJA), organized by the All India Gem and Jewellery Domestic Council (GJC), in partnership with the World Gold Council. Held at the IIG Andheri campus, this year’s NJA presentation brought together students, mentors, and industry stalwarts to celebrate creativity, craftsmanship, and the power of platforms that nurture fresh talent.

The NJA remains one of the most prestigious recognitions in the Indian gem and jewellery landscape, and IIG, a true academic powerhouse, has championed its cause for the seventh consecutive year as the official educational partner. IIG’s scholarship initiative, Rs. 10 lakhs across the top 10 “Student of the Year” finalists, is not just generous in gesture but monumental in vision, offering young design aspirants both recognition and resources.

But more than an event, this moment represents something far greater. It is a powerful testimony to IIG’s transformation under the visionary leadership of Mr. Rahul Desai, CEO & MD of IIG, who has redefined what a gem and jewellery institute can be. With branches across India and a student base that now spans the globe, IIG is a place where heritage meets innovation, and where education is pursued not as a product, but as a purpose.

Speaking on the occasion, Mr. Rahul Desai, who also serves as a technical jury member at NJA, shared: At IIG, we don’t just teach design, we nurture design intellect. Jewellery is a complex art form, where creativity intersects with precision, engineering, and emotion. Platforms like NJA are essential, as they validate the technical depth and creative strength of emerging designers. We are proud to contribute to this ecosystem. And as we grow, our vision is to make IIG not just a gateway to such platforms, but a platform in itself, where talent, opportunity, and global perspectives converge.

That future is already taking shape. With students like Saloni Agarwal making history in 2018 and trailblazers like Rabiya Malik, IIG’s first overseas student claiming NJA accolades in 2021, the institute has seamlessly brought together global access and Indian excellence.

Ms. Gunjan Sapra, COO of IIG and Head of the Jewellery Design Department, passionately added: The NJA is more than a competition, it’s a celebration of vision, skill, and originality. For our students, it’s a chance to present their ideas on a national platform and to learn from the best in the industry. At IIG, we take great pride in guiding them through this journey, not to chase awards, but to pursue excellence. We believe in their potential and are honoured to help shape it, one opportunity at a time.

The NJA presentation was conducted by Shristi Dagar from GJC, who outlined the latest participation criteria to a packed room of aspiring entrants at the IIG Andheri campus. The event concluded with heartfelt appreciation and a token of gratitude from the IIG team. As the gem and jewellery industry evolves, IIG remains steadfast in its purpose: to educate deeply, elevate consistently, and export excellence to the world. Established in 1965 and reborn for the demands of today, IIG is a modern-heritage institute, singularly focused on education, and uniquely equipped to take its students from classrooms to competitions, and from portfolios to podiums across the globe.

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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

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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.

Bipin Shah

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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