Lab-grown diamonds seller Fab Diamonds raises Rs.6-Cr led by Venture Catalysts

Venture Catalysts has led a INR 6 crore seed round in Mumbai-headquartered eco-friendly lab-grown diamond brand Fiona Diamonds . AC Ventures, Anikarth Ventures, Shantanu Deshpande of Bombay Shaving Company, Eco Brilliance, and Suraj Nalan were the other investors in the round.Founded by Parag Agrawal and Saurabh Agrawal, Fiona Diamonds claims to champion the cause of ethical sourcing and sustainability, offering discerning customers a curated selection of solitaire jewellery crafted with lab-grown diamonds.With stores across Mumbai, Delhi, and Bangalore, along with a presence in 10 locations of Shoppers Stop stores across key cities, Fiona Diamonds claims to have a customer base exceeding 10,000.