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Jewelbox Strengthens South India Footprint with Flagship Store in Bangalore

Jewelbox, a pioneer in lab-grown diamond jewellery, has expanded its presence in South India with the opening of its flagship store in Jayanagar, Bangalore.

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This expansion follows the brand’s successful entry into Chennai and is a key part of its retail growth strategy, which has seen rapid expansion with stores in Delhi, Gurgaon, Chennai, Kolkata, and Guwahati over the last six months.

Bangalore, contributing 15% of Jewelbox’s total online orders, is now a pivotal market for the brand. The new store is poised to cater to the rising demand for sustainable luxury jewellery, drawing on the city’s eco-conscious and affluent consumer base, as well as its status as a hub for young professionals.

“We’ve always seen Bangalore as a key market for growth,” said Vidita Kochar Jain, Co-Founder of Jewelbox. “With the Jayanagar store, we’re offering a personalized in-store experience for customers who appreciate sustainability, innovation, and exceptional craftsmanship.”

The Jayanagar store will showcase a curated collection of lab-grown diamond jewellery, featuring personalized consultations, exclusive designs, and expert styling advice aimed at consumers aged 25 to 50.

With the lab-grown diamond market in India set to reach USD 797.92 million by 2030, growing at a CAGR of 14.8%, Jewelbox is positioning itself to capitalize on this growing demand for sustainable jewellery. The brand plans to open three to four additional stores in Bangalore by the end of 2025, further strengthening its presence in the region.

This store launch is part of Jewelbox’s comprehensive omni-channel strategy, combining the convenience of online shopping with the immersive, hands-on retail experience at its Jayanagar outlet.

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National News

Gold and Silver Prices Drop Post-Dussehra On Stronger US Dollar

Precious Metals Dip On Strengthening US Dollar, Persistent Global Inflation Concerns, and Shifting Interest Rate Expectations —

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Gold and silver prices opened lower on the Multi Commodity Exchange (MCX) on Wednesday following the Dussehra festival, pulled down by a strengthening US dollar, persistent global inflation concerns, and shifting interest rate expectations from the US Federal Reserve.

​Gold futures fell by Rs 223 to trade at Rs 1,46,296 per 10 grams on the MCX, mirroring weak sentiment across overseas bullion markets. Silver experienced a sharper decline, tumbling by Rs 1,373 to trade at Rs 2,10,112 per kilogram.

​Market Summary

​Gold (MCX): Down Rs 223 at Rs 1,46,296 per 10 grams.​Silver (MCX): Down Rs 1,373 at Rs 2,10,112 per kilogram.

​Global Benchmark: Both metals traded weaker across international exchanges as the US dollar gained strength.

​Primary Drivers: A firm US dollar index, sticky global inflation concerns, and hawkish signals surrounding the US Federal Reserve’s rate trajectory continue to exert downward pressure on precious metal valuations post-festive demand.

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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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