National News
Shringar House of Mangalsutra Ltd opens its first branch office in Delhi
Bringing North India closer to the heart of mangalsutra excellence
Shringar House of Mangalsutra Limited, India’s most trusted and respected name in mangalsutra manufacturing, proudly announces the opening of its first-ever North India branch office in Delhi, a strategic move designed to better serve the region’s thriving retail and wholesale jewellery community.
Situated at a prime location — Office No. 301/302, Building No. 1149, Kucha Mahajani, Chandni Chowk — the new branch lies right at the entrance of the historic gold jewellery market, making it easier than ever for North Indian partners to experience Shringar’s hallmark craftsmanship, service, and wide-ranging collections, all under one roof.
The grand inauguration ceremony was attended by prominent figures from the jewellery industry, retail partners, and esteemed clients. This launch is more than a milestone—it is a message to the industry: Shringar is now closer, faster, and more accessible to its partners in North India.

Chetan Thadeshwar, Chairman & MD, shared his thoughts on this new chapter: “Opening our Delhi branch is more than just an expansion—it’s a reflection of our dedication to bringing the finest craftsmanship, contemporary designs, and unmatched reliability closer to our partners in North India. This milestone is part of our long-term vision to build a strong pan-India network that supports retailers, wholesalers, and the growing demand for organized mangalsutra retailing.”
Viraj Thadeshwar, CEO, added: “Our North Indian retailers and wholesalers have been vital to our journey, and this move is dedicated to them. Being here in Delhi allows us to respond faster to market needs, offer region-specific collections, and strengthen our commitment to service excellence. We’re not just expanding—we’re evolving to serve our partners better, with a clear goal to be their most dependable mangalsutra partner.”

With decades of experience and state-of-the-art gold jewellery manufacturing, Shringar House of Mangalsutra Limited has built a strong reputation over the years for its unmatched quality, innovative designs, and organized business practices, serving thousands of jewellers across the country. Shringar continues to lead the Indian jewellery market in mangalsutra category with precision and passion. Their Delhi office expansion is set to serve as a vibrant hub for new launches, live previews, order assistance, and collaborative growth.
National News
Bengaluru-based lab-grown diamond jewellery startup ONYA raises ₹5.5 crore in pre-seed funding led by Zeropearl VC
The brand scales to four profitable high-street stores in Bengaluru, touching ₹2 crore MRR in 11 months
ONYA, one of India’s fastest-growing offline-first, premium lab-grown diamond jewellery brands, has raised Rs.5.5 crore in a pre-seed round led by Zeropearl VC. The round also saw participation from prominent angel investors including MyGate founders Vijay Arishetty, Abhishek Kumar, Shreyans Daga, and Rohit Jindal; UrbanVault founder Amal Mishra; and Alkendra Pratap Singh, Managing Director of Crescendo Industries Pvt. Ltd. and Director of KE Engineers Pvt. Ltd., among others. The fresh capital will be used to accelerate ONYA’s offline retail expansion across major Indian cities.
ONYA, short for “On You,” was founded on a simple idea: to create art that looks good On You. The inspiration came from a deeply personal moment when two people ready to begin their life together realized that the ring they loved was beyond reach. That experience sparked a mission to make beautifully designed and meaningful diamond jewellery accessible to everyone. Today, ONYA stands for crafting soulful lab-grown diamond pieces that mark life’s most cherished celebrations in every Indian home.
Within 11 months, ONYA has expanded to four profitable high-street stores in Bengaluru, achieving a monthly revenue run rate of ₹2 crore. The company has also strengthened its leadership team with the appointment of Gaurav Choudhary, former Director of Products at xto10x, who joins as Co-founder.

Himani Yadav, Founder of ONYA, said, “ONYA didn’t begin as a business idea — it began with a personal moment. My engagement ring was a lab-grown diamond long before the category became mainstream, and that experience made me realize how many people felt priced out of meaningful jewellery. ONYA was created to change that by bringing emotion, accessibility, and intention back into fine jewellery.
Being backed by Zeropearl VC at this stage — and by someone like Bipin, who brings a decade of deep consumer-brand investing experience, including in jewellery — adds immense value and clarity to our journey. The fact that ONYA fits naturally into Zeropearl VC’s Indiluxe thesis reinforces that we’re building in the right direction. This partnership gives us the confidence to take thoughtfully designed lab-grown diamonds to more homes across India.”
Bipin Shah, Founder and Managing Partner, Zeropearl VC, said At Zeropearl VC, we back founders who deeply understand the problem they’re solving — and Himani’s clarity stood out from day one. The ONYA team is already showing early signs of cracking an offline & Design first approach in premium lab-grown diamond space which strongly aligns with our Indiluxe thesis. Young India’s shift in how they view jewellery is undeniable, and ONYA is building right at that inflection point.

Their design focus and customer obsession give us strong confidence — and we see this as a gateway to expanding into more premium, next-gen consumer categories over time.” ONYA’s jewellery features IGI-certified lab-grown diamonds set in BIS Hallmarked gold, blending scientific precision with elegant design. With this investment, ONYA plans to expand its product lines, open more customer-first experience stores, and deepen its connection with India’s growing base of conscious luxury
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