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Priyanka Gill quits Kalaari Capital to launch lab-grown diamond brand

Priyanka Gill, a serial entrepreneur and former Venture Partner at Kalaari Capital, has launched COLUXE, a lab-grown diamond (LGD) jewelry brand that seeks to transform the fine jewelry sector.

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With a focus on luxury, sustainability, and accessibility, COLUXE offers an extensive range of jewelry designs, including solitaire rings, pendants, earrings, and tennis bracelets. The brand incorporates advanced technology, allowing for customization via AI and multi-use settings, ensuring personalized, ethical, and sustainable products.

COLUXE positions itself as India’s first pan-India LGD jewelry brand, blending digital and retail experiences. The brand’s technology-driven approach includes AI-powered virtual try-ons, personalized jewelry options, and a strong focus on ethical sourcing and certification. COLUXE also aims to build consumer trust by offering education on LGDs and providing easy returns and exchange policies, ensuring a seamless shopping experience across both digital and flagship store channels.

With plans to launch digitally in mid-2025, COLUXE is set to tap into India’s $50 billion fine jewelry market. The brand’s mission is to redefine the luxury jewelry landscape by making lab-grown diamonds an aspirational yet sustainable option for consumers. COLUXE aims to become India’s best-loved LGD brand, offering cost-effective, ethical jewelry that is visually identical to mined diamonds while being a more responsible choice for the planet and people.

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Akoirah By Augmont Celebrates The Sibling Bond With Laboratory-Grown Diamond Rakhis

Contemporary, Customisable Rakhis Blend Traditional Symbolism With Modern Fine Jewellery Sensibilities For A Meaningful Raksha Bandhan Gift.

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This Raksha Bandhan, Akoirah by Augmont brings a contemporary expression to one of India’s most cherished celebrations with its new collection of laboratory-grown diamond rakhis, combining traditional symbolism with modern jewellery design. Created for the evolving Indian consumer who seeks meaningful and distinctive festive gifting, the collection transforms the traditional rakhi into a keepsake that goes beyond the occasion with customisable designs available in options such as initials, zodiac signs, and other personalised motifs tailored to individual style and preference.

The collection features an assortment of handcrafted designs incorporating meaningful motifs such as the evil eye, Swastika and Ik Onkar, alongside personalised initial-led designs. Each motif brings its own symbolism, representing protection, prosperity, faith and personal connection while laboratory-grown diamonds add a refined, contemporary touch to the traditional expression of siblinghood.

Designed across earthy and versatile colour palettes, the rakhis pair beaded elements in shades of black, brown and blue with diamond-studded motifs. From the understated elegance of a diamond initial rakhi to statement-making designs featuring the evil eye and spiritual symbols, the collection offers options that cater to different personalities and styles.

With this collection, Akoirah by Augmont seeks to elevate festive gifting by bringing fine jewellery sensibilities into a traditionally rooted celebration. The rakhis are designed not merely as festive accessories, but as meaningful pieces that can be cherished beyond Raksha Bandhan, reflecting the brand’s approach to making jewellery more personal, contemporary and relevant to everyday occasions.

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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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