DiamondBuzz
Lab-grown diamond jewellery brand Ethera raises ₹25 crores from BlueStone to accelerate growth and retail expansion
The jewellery brand currently operates five retail stores across Bengaluru and New Delhi, alongside a strong digital network across India
Ethera, a Bengaluru-based laboratory-grown diamond jewellery brand, has raised Rs.25 crore from Bluestone, which has doubled down on its investment to support the brand’s next phase of growth and expansion. The development marks a continued commitment towards scaling Ethera’s market presence.
India’s lab-grown diamond jewellery market is witnessing a rapid momentum, driven by evolving consumer behaviour, rising demand for everyday jewellery, and a growing preference for ethical and transparent luxury. The lab-grown diamond (LGD) segment in India represents an estimated ~$500 million revenue opportunity today and is growing at 35–40% year-on-year. By 2030, LGDs are expected to form a meaningful share of the overall diamond jewellery market, underpinned by structural shifts in purchasing preferences.
Ethera is well-positioned to serve this shift with a strong design pipeline, launching over 200 new designs every month, supported by a rigorous 40-point quality check across every piece.
Founded in 2024 by Nitesh Jain and Sharad Arora, Ethera is a design first contemporary jewellery brand built for the modern, confident woman. Rooted in the belief that jewellery shouldn’t be locked away but worn and lived in, Ethera offers a wide range of classic and modern everyday designs crafted using IGI certified lab-grown diamonds and BIS hallmarked gold across categories including earrings, bracelets, solitaires, pendants, and necklaces. Ethera’s collections are designed to move seamlessly from everyday wear to personal milestones, reflecting individuality, confidence, and evolving personal style. The brand caters to women who value thoughtful design, curated wardrobes, and quality.
The fresh capital will be primarily deployed to expand Ethera’s physical retail footprint. In a span of 1 year, the brand has already expanded and currently operates five retail stores in Bengaluru and Delhi, with multiple new locations set to go live in the coming weeks and several more already in the pipeline. Alongside retail expansion, Ethera will continue to invest in deepening its in-house design creation capabilities, strengthening its technology stack, and accelerating brand awareness to support sustained omnichannel growth.

Commenting on the announcement, Sharad Arora, Co-Founder Ethera, said, “Everything we’re building at Ethera starts from first principles: understanding the customer, the category and the long-term opportunity. That clarity is shaping Ethera into a brand defined by strong design, transparent values and a consistent experience across channels. BlueStone’s strategic backing strengthens our ability to expand our retail presence, deepen our supply-chain capabilities and build the operational backbone needed for the scale ahead.”
Nitesh Jain, Co-Founder Ethera, added, “Jewellery today is a powerful form of self-expression, and women are increasingly choosing pieces that reflect their individuality and life journeys. At Ethera, our focus has always been on design, quality, craftsmanship, and consistency. This capital enables us to expand our retail reach while continuing to invest in systems that deliver consistency and trust at every touchpoint.”

As Ethera enters its next phase of growth, the brand remains focused on its philosophy of jewellery as self-expression, designed to be worn every day and become a part of lived experiences.
source:Ethera
DiamondBuzz
DE BEERS GROUP Introduces Desert Diamonds Icons
Supported by the Diamond Industry’s Largest Marketing Budget In 15 Years, Desert Diamonds Icons Will Launch Ahead Of The End Of Year Holiday Season and Build On The Desert Diamonds Campaign’s Success In Driving Natural Diamond Desire
At the annual JCK Las Vegas Show – the largest jewellery event in the global calendar – De Beers Group today set out its view on the way forward for the natural diamond sector, calling on the trade to work together to capitalise on the early success of the Desert diamonds ‘beacon’ campaign with the introduction of Desert diamonds Icons.
The Desert diamonds beacon campaign launched in late 2025 and has already succeeded in shaping consumer demand for both natural diamonds in general and coloured diamonds in particular, with natural diamond sales at US independents increasing 4% in Q4 2025 and 9% in Q1 2026, while those in the K to Z colour range have seen even stronger growth, up 15% in Q4 2025 and 19% in Q1 2026.
Following the launch of Desert diamonds Bridal earlier this year, Desert diamonds Icons will focus on bringing a sense of newness and individuality to four iconic jewellery design classics – stud earrings, the eternity band, the tennis bracelet and the halo pendant – which between them comprise 70% of diamond jewellery acquisitions. Launching in September, the campaign will include training and marketing support for all retailers.
During a keynote presentation, De Beers Group executives stated that while demand has performed well for larger natural diamonds and this has supported stable retail sales value for natural diamond jewellery, it is critical for industry participants to work together on the campaign to drive demand across the natural diamond category as a whole.
With the campaign benefitting from the diamond industry’s biggest natural diamond marketing budget in 15 years, Desert diamonds is expected to deliver enhanced retail impact in 2026, based on a range of positive data points from its initial run. Growth in natural diamond desirability, online searches for natural diamonds, and increased coloured natural diamond sales across independent jewellers all highlight that the momentum behind the campaign is building. Noting that the 2026 campaign run will also benefit from a geo-targeting approach that directs consumers to specific retailers carrying Desert diamonds, De Beers executives encouraged the entire trade to support the fast-growing trend by stocking Desert diamonds Icons products and by signing up to Promoboxx to access marketing materials and participate in geo-targeting.

The presentation also included a summary of key consumer and industry insights published today in The Diamond Report, highlighting how commercial dynamics are evolving at pace for US jewellery retailers as the synthetic lab-grown diamond sector matures while consumer interest in natural diamonds grows.
Speaking at the presentation, Al Cook, CEO of De Beers Group, said:

“Consumer desire for natural diamonds is strong – but we need to work together as an industry in support of Desert diamonds to unlock the full value of the opportunity. The results from the campaign’s initial run demonstrate how it is already stimulating demand, and with Desert diamonds Icons we are doubling down at a critical moment.”
“The jewellery retail landscape is evolving at pace. With the sustained falls in price of synthetic lab-grown diamonds, and large falls in demand for larger synthetic lab-grown diamonds, there may be challenges ahead for retailers who focus on synthetic lab-grown diamonds.”
“However, with challenge comes opportunity, and the growing success of the Desert diamonds campaign is evident. As we head into the campaign’s second year, with the industry supported by the largest category marketing budget in 15 years, the natural way forward is clear to see.”
De Beers Group also reported in its presentation how collaboration continues deliver progress in other areas, with GIA’s purchase of an equity share in Tracr supporting the platform’s path to independence and providing the potential for it to scale faster across the sector.
Meanwhile, the Natural Diamond Council has put in place a compelling new strategy on the back of its growing budget, as more diamond producing countries and trade bodies have provided funding, and will introduce a new natural diamond trust mark to support consumer confidence through visible differentiation between natural diamonds and synthetic lab-grown diamonds.
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