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Keemti Strengthens Indore Presence With Second Store At Scheme No. 140

Following The Success Of Its MG Road Outlet, The Lab-Grown Diamond Jewellery Brand Expands Its Indore Footprint With A Second Store At Scheme No. 140.

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Keemti, the modern lab grown diamond jewellery brand founded by Armaan Kothari and backed by the Kothari Group and entrepreneur Nikhil Kamath, is strengthening its retail footprint in Indore with the launch of its second store at Scheme No. 140. Following an encouraging response to its MG Road store, the new location marks another milestone in Keemti’s retail expansion and reinforces Indore’s importance in the brand’s growth journey.

Keemti’s expansion into Scheme No. 140 comes in response to growing consumer interest in the city for fine jewellery that combines modern design, certified lab grown diamonds, quality craftsmanship, and competitive pricing. With two strategically located stores, Keemti is expanding its reach across Indore and bringing its retail experience closer to a wider base of consumers.

Indore’s evolving luxury landscape, growing community of young professionals and entrepreneurs, and increasing openness to new-age jewellery formats make it an important market for Keemti. Since entering the city, the brand has seen growing interest from consumers looking for jewellery that reflects their individuality and lifestyle, while offering the quality and trust traditionally associated with fine jewellery.

The new Scheme No. 140 store will feature a diverse range of jewellery across 14K gold and 925 sterling silver, including both studded and non-studded collections. The assortment spans everyday jewellery, workwear, rings, earrings, pendants, bracelets, mangalsutras, and occasion wear, offering something for the many facets of modern life. Designed with Keemti’s philosophy of intentional design and accessible luxury, the collection brings together modern aesthetics, exceptional craftsmanship, and the brilliance of certified lab grown diamonds. Customers will also have access to Keemti’s promises on buyback and exchange on eligible jewellery, reinforcing the brand’s commitment to long-term value and consumer trust.

A key differentiator for Keemti is its access to the Kothari Group’s extensive manufacturing expertise across the USA, Europe, and the Middle East. With strong in-house manufacturing capabilities and a factory-direct approach, Keemti eliminates multiple layers of intermediaries across the traditional jewellery supply chain, enabling the brand to offer thoughtfully designed jewellery at highly competitive prices. This direct-to-consumer model gives Keemti greater control over quality, craftsmanship, and pricing, allowing consumers to access exceptional fine jewellery at compelling value without compromising on design or finish.

Speaking about the brand’s expansion, Sunil Kothari, Chairman, Keemti, said:“Indore has emerged as an important market for Keemti, and the response to our MG Road store has given us strong confidence in the city’s potential. The launch of our second store at Scheme No. 140 allows us to take the Keemti experience to more consumers across Indore and strengthen our relationship with the city. Our focus is to offer thoughtfully designed jewellery, exceptional craftsmanship, and factory-direct value, while building a retail experience rooted in quality, transparency, and trust.”

Sharing his vision, Armaan Kothari, Founder, Keemti, added:

“Keemti was created for a new generation of Indian consumers who see jewellery as an expression of individuality, ambition, and personal milestones. Indore’s young and evolving consumer base strongly resonates with this vision, and the response to our first store has reinforced the opportunity we see in the market. With our second store, we are making the Keemti experience more accessible while continuing to offer modern design, certified lab grown diamonds, and compelling value through our manufacturing advantage.”

The expansion in Indore forms part of Keemti’s broader strategy to build a strong retail and omnichannel presence across India. Alongside its flagship store in Andheri, Mumbai, and its growing presence in Pune, the brand has established retail operations in Indore and Delhi, with additional store launches planned across key markets. Through its expanding network of stores, e-commerce, and marketplace presence, Keemti aims to make lab grown diamond jewellery more accessible while establishing a new standard for modern fine jewellery through intentional design, exceptional craftsmanship, and factory-direct pricing.

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Ekatra Reaches Rs 100 Crore Valuation Within 100 Days Of Launch, Raises Rs 10 Crore In Strategic Investment

As Gold Trades At Record Highs, The Lab-Grown Diamond House Is Betting Two Years Of Quiet R&D On Lightweight Fine Jewellery

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Ekatra Retail Ventures Pvt. Ltd., a design, technology and content company, has raised Rs 10 crore in strategic investment at a valuation of Rs 100 crore, within 100 days of launch. The round saw participation from strategic investors, and follows Rs 10 crore of founder capital deployed over two years of pre-launch development. The capital will support brand building, retail expansion and product innovation across India and international markets.

Founded by Pavitra Gandhi, Ekatra has also announced Ekta Kapoor and Sussanne Khan as Co-Founders of Ekatra Jewels, with Sussanne Khan additionally taking on the role of Co-Founder and Design Director. Ekatra owns its end-to-end value chain on a vertically integrated, farm-to-finger model. The company grows and cuts its own Type IIa lab-grown diamonds — the rarest category, roughly 2% of all diamonds — and holds four patented cuts, including the 108-facet Shristi Ratna™, alongside proprietary hollow gold construction technology.

Pavitra Gandhi, Founder, Ekatra Jewels, said:

“Ekatra was built with the belief that the future of luxury lies in owning every part of the journey, from innovation and craftsmanship to consumer experience. This investment validates our vision and gives us the momentum to scale thoughtfully, expand globally and continue creating jewellery that blends technology, design and everyday elegance.”

Vasuki Punj, Founder & Strategic Investor, said:

“From day one, our focus has been on building a differentiated business with strong fundamentals, not chasing short-term milestones. This investment reflects confidence in our long-term vision, our integrated model and our ability to create a globally relevant luxury brand from India.”

Ekta Kapoor, Co-Founder, Ekatra Jewels, said:

“Every industry eventually reaches a point where convention has to make way for reinvention. I believe luxury is at that moment today. Ekatra isn’t here to participate in the category; it’s here to challenge it, with innovation, design and a completely new way of thinking about fine jewellery. The brands that will define the future are the ones that dare to rewrite the rules, and that’s exactly what we’re building.”

The announcement comes as gold trades at record highs of over Rs 1.5 lakh per 10 grams in India, up more than 30% in a year, forcing the industry to confront how much metal a piece actually needs. Ekatra spent its two pre-launch years answering that question: its hollow gold construction technology delivers the scale and presence of statement jewellery using a fraction of the gold — engineering the volume rather than buying it.

Sussanne Khan’s newly launched OH MY GOLD collection is the first full expression of that work.

Sussanne Khan, Co-Founder and Creative Director, Ekatra Jewels, said:

“With the OH MY GOLD collection, we wanted to challenge the idea of what statement jewellery can feel like. The collection is built on one bold idea, jewellery can look chunky, big and luxurious without using a lot of gold. By bringing together real gold, smart engineering and lab-grown diamonds made in India, we’ve created pieces that make a statement while remaining surprisingly light and effortless to wear every day. It’s the look of heavy jewellery, without the heaviness.”

With a library of more than 5,000 designs developed for India, the United States and the Middle East, Ekatra aims to build a globally relevant luxury brand from India.

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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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