Limelight Diamonds raises Rs 275 crore to scale lab-grown jewellery to 200 stores by 2027

Lab-grown diamond brand Limelight Diamonds secured Rs 275 crore led by promoters Bhathwari Group to expand manufacturing and retail. The Mumbai-based brand targets 100 stores in 2026 and 200 by 2027, building on 75+ exclusive outlets across 45+ cities.

— Filed Thu, 2 Jul, 2026, 09:56 IST · Source ET Retail · Updated

Lab grown diamond jewellery brand Limelight Diamonds raised Rs 275 crore led by promoters Bhathwari Group to expand manufacturing and retail across India, targeting 100 stores in 2026 and 200 by 2027.

Why this matters

Reinforces Limelight Diamonds' aggressive retail push after opening its first Chennai store with plans for 7 more outlets, and follows funding earmarked for vertical integration.

retail-brand signals holding steady with 2,300 signals over the last 90 days.