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Limelight Diamonds announces major expansion and INR 250 CR fundraise to accelerate growth of India’s no.1 lab grown diamond brand

This establishes Limelight as India’s first fully integrated LGD Brand with a target of 200 stores by 2027 and reinforces its leadership in responsible luxury

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Limelight Diamonds, India’s no.1 lab-grown diamond jewellery brand, announces a major expansion into in-house diamond growing & manufacturing capabilities. This marks a significant milestone in the company’s journey and its commitment to building Limelight as the largest LGD jewellery brand from India to the world. This integration significantly reduces dependency on third-party suppliers, strengthens cost control, and enables faster product launches, exclusive collaborations, and consistent quality across all consumer touchpoints.

The fresh capital will be deployed towards accelerating retail expansion, strengthening design
possibilities and cementing Limelight’s leadership in the next phase of category growth.
Founded with the vision of fulfilling India’s diamond dream without compromising on design,
quality, or values, Limelight has played a pioneering role in shaping India’s lab-grown diamond jewellery market. Today, it stands as the largest and most trusted brand in the segment, supported by a rapidly expanding exclusive retail network and growing consumer advocacy.

As interest in the lab-grown diamond sector increases and more players enter the category,
Limelight’s early investments in supply-chain integration and brand-building initiatives place it in a strong position as one of the well-capitalised companies capable of scaling responsibly.

“This capital raise and vertical integration mark a defining moment in Limelight’s growth journey,” said Pooja Madhavan, Founder and MD, Limelight Lab Grown Diamonds. “It enables an end-to-end control across the value chain offering enhanced transparency, traceability and technological innovations. This will strengthen our business, and equip us to scale responsibly while continuing to deliver superior quality and value to our customers.

By providing a “rocks to retail” offering to consumers, we are not just growing the brand; we are building the foundation for the future of fine jewellery in India and globally.”

Limelight’s growth strategy remains firmly rooted in responsible luxury with an aggressive
growth plan
of reaching 200 stores by 2027. By combining science, design innovation, and ethical practices, the brand continues to appeal to a new generation of consumers seeking transparency, sustainability, and fulfilling their design aspiration.

Source: LimeLight Diamond

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National News

Candere expands Karnataka presence with Kengeri store opening

Lifestyle jewellery brand by Kalyan Jewellers strengthens Bengaluru footprint with modern retail experience and launch offers up to ₹35,000 off per carat.

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Candere, the lifestyle jewellery brand by Kalyan Jewellers known for its modern and trend-led designs, has expanded its retail presence in Karnataka with the launch of its newest store in Kengeri, Bengaluru. This new addition further reinforces the brand’s commitment to offering accessible, stylish, and contemporary jewellery for today’s discerning customers.

The Kengeri store represents Candere’s continued expansion in Karnataka, bringing its curated jewellery experience to one of the city’s rapidly developing residential and commercial neighbourhoods. The expansion strengthens the brand’s presence in key urban markets, catering to the growing demand for modern, design-led jewellery. Thoughtfully designed, the Kengeri store offers a contemporary retail environment complemented by personalised in-store assistance, reflecting Candere’s commitment to elegance, innovation, and an elevated shopping experience.

Known for its lightweight, versatile, and trend-forward jewellery, Candere appeals to Gen Z, working professionals, and style-conscious individuals looking for contemporary designs at accessible price points starting from Rs.10,000. Each piece is designed to help customers express their personal style through contemporary jewellery that blends seamlessly into everyday life.

To mark the launch of its new store, Candere is offering special promotions: Get up to Rs.35,000 off per carat + Rs.850 off per gram on making charges.

With the launch of its store in Kengeri, Candere continues to strengthen its omni-channel presence, integrating its digital expertise with a growing physical retail network. Supported by the heritage and trust of Kalyan Jewellers, the brand continues to enhance the jewellery-buying journey with a focus on transparency, ease, and customer relevance.

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