Venture Catalysts leads Rs 6 crore seed round in Fiona Diamonds

• ByStartupStory     |    March 12, 2024

Fiona Diamonds, a lab-grown diamond brand, secured Rs 6 crore in its seed round, with Venture Catalysts leading the investment.

AC Ventures, Anikarth Ventures, Shantanu Deshpande of Bombay Shaving Company, Eco Brilliance, and Suraj Nalan also participated in the round.

“The proceeds will fuel the company’s expansion and innovation,” stated Fiona Diamonds, emphasizing their commitment to the ethical luxury market.

Founded by Parag Agrawal and Saurabh Agrawal, Fiona Diamonds offers customers exquisite solitaire jewelry crafted with lab-grown diamonds.

“Our flagship stores across Mumbai, Delhi, and Bengaluru, along with our presence in key cities, highlight our digital-first approach,” mentioned Fiona Diamonds.

“Our loyal customer base exceeds 10,000,” the brand proudly stated, emphasizing its strong market presence and customer satisfaction.

“Our focus remains on curating a selection of premium jewelry,” affirmed Fiona Diamonds, showcasing their dedication to quality and craftsmanship.

“This seed round marks a significant milestone in our journey,” expressed the founders, reflecting on their growth and future aspirations.

“We are grateful to our investors for their support,” concluded Fiona Diamonds, expressing gratitude for the backing of Venture Catalysts and other investors in their vision.

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