National News
Lucira Jewelry Debuts Its First Store in Chembur, Mumbai
Lucira Jewelry debuts in Chembur, Mumbai; first experience store in Mumbai after record $5.5M seed funding round
Lucira Jewelry, a design-first fine jewelry brand redefining sustainable luxury in India, has opened its first experience store in Mumbai at Chembur. The store launch follows the brand’s record of $5.5 million seed round announced in September 2025, which marked the largest seed funding round for any lab-grown diamond startup in India to date.
Located at Chembur, the 800 sq.ft area store is designed for discovery, where craftsmanship meets everyday wearability. The space invites customers to explore signature diamonds for life’s big and small moments, from the brand’s hero Hexa and On The Move collections to a dedicated Solitaires section that celebrates timeless elegance.
Lucira is a modern design-first fine jewelry brand redefining what luxury means for today’s conscious consumer. Founded by Rupesh Jain, Lucira blends ethical craftsmanship with digital-first innovation to create jewelry that celebrates life’s most meaningful moments

Speaking on the store launch, Rupesh Jain, Co-Founder, Lucira Jewelry, said, “After building strong digital foundations, opening our first physical store in Mumbai represents our commitment to creating meaningful connections with customers. Lab-grown diamonds are a conscious choice for today’s consumer who values beauty without compromise. This Chembur store is a space where our design philosophy and eco-conscious vision come alive”.
The store introduces several unique features that set it apart from traditional jewelry retail. Every two weeks, the store floor will be refreshed with new designs, ensuring there’s always something new to fall in love with. The space also houses a Carat Meter for on-the-spot diamond grading insights and offers complimentary diamond cleaning services to keep pieces showroom-bright.
One highlight of the Chembur store is that it is designed as a community space. Lucira will host exclusive in-store experiences ranging from styling sessions and collection previews to high-tea gatherings. Each event is designed to bring together diamond lovers, inspire new ways to wear jewelry, and create an intimate connection with the brand story.
The store showcases Lucira’s complete range of certified lab-grown diamond jewelry, with dedicated sections for the brand’s design-first hero collections – Hexa and On The Move – alongside an extensive selection of solitaires, everyday wear pieces, and statement jewelry. Each piece comes with IGI/GIA/SGL certification and BIS Hallmark, backed by lifetime exchange and buyback guarantees.
With the opening of this flagship store, Lucira is accelerating its omnichannel expansion strategy. The brand has announced plans to open three additional stores by the end of FY2026 across key metropolitan markets, building on the momentum from its record seed funding round led by Blume Ventures with participation from Spring Marketing Capital.
Chembur’s emergence as a preferred residential and commercial hub for young professionals and families makes it an ideal location for Lucira’s Mumbai debut. The area’s growing retail landscape and community of design-conscious consumers aligns perfectly with the brand’s target demographic.
National News
Senco Gold & Diamonds Partners With Olocker to Give Customers Free Jewellery Insurance, Letting Precious Memories Be Worn, Not Hidden Away
A Customer-First Initiative Designed to Help People Wear Their Precious Memories with Confidence.
Senco Gold & Diamonds, one of India’s most trusted jewellery houses, has partnered with Olocker, India’s first dedicated jewellery insurance platform, to offer free jewellery insurance to its customers, protecting purchases against risks such as snatching, robbery, and housebreaking.
On the surface, it’s a simple value-add: buy jewellery from Senco, get it insured, at no extra cost. But the thinking behind it is more personal — the freedom to actually live with the things you love.
There is a quiet ritual that plays out in homes across India every wedding season, every anniversary. A piece of jewellery is bought with love, worn once or twice with pride — and then, almost apologetically, tucked away in a bank locker for “safekeeping.” The very thing meant to be cherished ends up spending most of its life in the dark.
A Locker Is No Place for a Memory
Ask any family that owns fine jewellery, and you’ll hear the same quiet anxiety: the fear of stepping out wearing something precious, the fear of a break-in while the house is empty. For many, the solution has always been the same — lock it away, take it out only for weddings and festivals, and let it sit untouched the rest of the year.
It’s a practical response to a real risk, but it also means jewellery bought to mark a marriage or a milestone ends up being seen far less than it deserves.
This is the exact problem Senco Gold & Diamonds’ Managing Director, Suvankar Sen,

has spoken about wanting to solve. Known for a customer-first philosophy that goes beyond transactions, Sen has often said jewellery should be something people live with, not something they merely own. “Jewellery is never just metal and stone,” Sen said, explaining the thinking behind the Olocker partnership. “It’s a wedding day, a mother’s blessing, a promise kept. When customers can’t step out wearing it, or can’t leave home without worrying about a break-in, something is broken in that experience. We wanted to fix that.”
That sentiment is the quiet engine behind this initiative. Rather than simply selling jewellery and stepping back, Senco has chosen to walk the extra mile — ensuring that once a customer takes a piece home, they can wear it freely and pass it down through generations, without the constant undercurrent of worry.
What the Partnership Actually Offers
Through this collaboration, Senco customers receive free jewellery insurance via Olocker on qualifying purchases, protecting against snatching, robbery, and housebreaking.
Olocker, India’s first digital platform dedicated to jewellery insurance and asset tracking, brings the technical and insurance backbone — while Senco brings its decades of trust, built since 1938, to make sure customers actually use it.
For a family that has just bought a piece for a wedding, this means peace of mind — wearing that necklace to a dinner without the nagging thought of “what if someone snatches it,” or “what if someone breaks in while we’re away.”
A Partnership Built on Shared Intent
The excitement isn’t one-sided. At Olocker, the partnership is seen as validation of the idea the platform was built on — that jewellery insurance should be a natural, everyday companion to ownership, not a niche afterthought.
“This is genuinely one of the most exciting collaborations we’ve been part of,” said Milind Shethia, Founder & Chief Marketing Officer at Olocker. “Our mission has been to help people wear their jewellery instead of locking it away, and partnering with a name as trusted as Senco brings that mission to millions of customers at once.
What’s heartening is Mr. Sen’s own approach — he didn’t look at it as a marketing tie-up, but as giving something back to people who’ve trusted Senco for generations. That kind of intent is rare, and it’s exactly the spirit we built Olocker around.”
That mutual sense of purpose is what gives this partnership its quiet credibility. It isn’t a scheme or a promotional hook, but two organisations agreeing on a simple, shared belief: jewellery should be lived in, not locked up.
A Bigger Idea About Ownership
There is a broader philosophy at play, one Suvankar Sen has championed throughout his tenure at Senco — that jewellery is an emotional asset as much as a financial one, and customers shouldn’t have to choose between enjoying it and protecting it.
This partnership feels less like a marketing initiative and more like a promise kept, reflecting a leadership style that measures success in something harder to quantify — how cared for a customer feels long after leaving the showroom.
As jewellery increasingly doubles as adornment and investment, initiatives like this one may well set a new benchmark for customer care in the industry.
Senco, through its partnership with Olocker, isn’t just insuring jewellery against snatching or a break-in — it’s giving people back the freedom to wear their memories, out loud, without fear.
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