Private Equity

Other Private Equity/Strategic Investments

Limelight Lab Grown Diamonds attracts $1-M from two jewellery houses

Economic Times  

Limelight Lab Grown Diamonds has received USD 1 million from two retail jewellery chains. The fresh capital comes in the form of a strategic alliance that will enable Limelight to open new stores and boost its brand presence.Earlier, the company had raised an investment from the Emerald Group, a jewellery manufacturer, in a tie-up to jointly manufacture, sell and distribute lab-grown diamond (LGD) studded jewellery.At present, Limelight has 10 stores across India, besides 40 plus shop-in-shops across 25 cities.