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Data Center News > Blog > Investments > Limelight Diamonds Raises $11M in Funding
Investments

Limelight Diamonds Raises $11M in Funding

Last updated: February 4, 2025 1:34 pm
Published February 4, 2025
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Limelight Diamonds, a Mumbai, India-based LGD jewelry model, raised $11M in funding.

The corporate intends to make use of the funds to bolster its operational progress, strengthen the Model’s design choices, and enhance its retail footprint within the nation with plans of opening 100 shops by 2026.

Limelight Diamonds
Pooja Madhavan, MD, Limelight Diamonds

Based by Pooja Madhavan in 2019, Limelight is a lab grown diamond jewelry model specialising in pure CVD diamonds with 30+ operational shops, 30 shop-in outlets throughout 35+ cities in India. It’s a ‘inexperienced’ licensed LGD jewelry model with an ESG+ certification.

The model is backed by the world’s largest producer of LGDs (The Bhathwari Group) in addition to Asia’s largest jewelry producer (The Emerald Group).

FinSMEs

04/02/2025

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See also  Paypercut Raises €2M in Pre-Seed Funding
TAGGED: 11M, Diamonds, Funding, Limelight, Raises
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