Other Private Equity/Strategic Investments
Emerald Jewel Industry picks up stake in Limelight Lab Grown Diamonds
Emerald Jewel Industry has picked up an equity stake in Limelight Lab Grown Diamonds. It aims to establish Limelight as a vertically integrated brand and jointly manufacturing, selling and distributing lab-grown CVD (chemical vapour deposition) diamond studded jewellery globally. Emerald has 38 years of experience in jewellery designing & manufacturing alongside a dedicated manufacturing setup. It has access to a wide range of ready-design banks of jewellery and access to a network of 300+ distributors and 20,000+ retailers. Limelight is a player in CVD diamonds, which are claimed to be real diamonds grown in the labs by exactly replicating the diamond creation process.
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