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Reia Diamonds secures Rs 2 crore in pre-seed funding

Lab-grown jewellery start-up Reia Diamonds has successfully raised Rs 2 crore in a pre-seed funding round aimed at accelerating product innovation and expanding its retail footprint.

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The Bengaluru-based brand, which currently operates three stores in Bengaluru, Guwahati, and Coimbatore, plans to leverage the fresh capital to enhance its design capabilities and strengthen customer engagement across existing and upcoming outlets.

The funding round was led by Dinesh Talera and family, the founders of the iconic Mysore Saree Udyog, in partnership with Venture Catalysts, a prominent early-stage investor network. Reia Diamonds said the investment will support both product development and strategic retail growth, signaling strong investor confidence in the lab-grown diamond segment in India.

With this infusion, Reia Diamonds is positioning itself to tap into the rising demand for sustainable, premium lab-grown jewellery, while expanding its footprint in India’s evolving fine jewellery market.

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Cosmos Diamonds Makes History With World’s First LGD  Jewellery  Launched Into Space

The Launch Also Reinforces India’s Emergence As A Global Innovation Hub Where Startups From Diverse Sectors Are Forging Unconventional Partnerships.

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In a landmark moment where luxury, science and space exploration converged, Sanjana Tripuramallu, founder of Bengaluru-based Cosmos Diamonds, has achieved a global first by collaborating with private space company Skyroot Aerospace to send Cosmos Bloom, the world’s first lab-grown diamond (LGD) jewellery creation into space aboard the Vikram-1 rocket.

The Cosmos Bloom Diamond  is handcrafted in 18 kt gold using 32 pear-cut LGDs arranged in the form of a blooming lotus and mounted on a specially engineered aluminium base plate. It is designed to withstand the extreme conditions of launch and spaceflight. The space-bound jewel is valued at Rs 11 lakh and combines Indian craftsmanship, technology, and innovation.

Sanjana Tripuramallu, Founder- Cosmos Diamonds

The launch also reinforces India’s emergence as a global innovation hub where startups from diverse sectors are forging unconventional partnerships. While Skyroot Aerospace showcased the country’s private launch capabilities through Vikram-1, Cosmos Diamonds used the mission to tell a powerful story of Indian design and scientific ambition on an international stage. With the successful launch of the world’s first lab-grown diamond jewel into orbit, Sanjana Tripuramallu and Cosmos Diamonds have etched their names into both jewellery and space history, demonstrating that the future of luxury may well extend beyond Earth itself.

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