Goldiam International Ltd., one of the leading diamond jewellery exporters and an emerging player in the lab-grown diamond (LGD) market, has successfully raised Rs. 202 crore through a Qualified Institutional Placement (QIP), attracting participation from marquee funds. This strategic fundraiser is set to accelerate the growth of ORIGEM, Goldiam’s consumer-facing LGD jewellery brand in India.
The funding will fuel an ambitious expansion plan, enabling ORIGEM to roll out 70–90 stores across India over the next 18–24 months. Currently, the brand has already launched six stores in the past ten months and has received a positive response from customers, validating the company’s vision to establish India’s leading lab-grown diamond retail franchise.
This capital infusion marks the largest funding round for a lab-grown diamond retail venture in India, nearly double that of its closest VC-backed competitors, signaling strong investor confidence in the growing LGD market.
With ORIGEM, Goldiam International aims to combine cutting-edge design, sustainable practices, and accessible luxury, offering customers ethically sourced, lab-grown diamond jewellery across major Indian cities. As the brand scales rapidly, it is poised to redefine the lab-grown diamond retail landscape in India.
