Limelight Lab Grown Diamonds raises INR 275 crore to fund vertical integration and store rollout

Promoter-led Bhathwari Group backed the INR 275 crore round to deepen manufacturing and retail expansion. Limelight plans to scale from 75+ outlets across 45+ cities to 100 stores in 2026 and 200 by 2027, targeting metros and Tier I and II markets.

— Filed Wed, 1 Jul, 2026, 19:00 IST · Source Business Standard · Companies · Updated

Limelight Diamonds raised INR 275 crore led by promoters Bhathwari Group to strengthen vertical integration, manufacturing, and retail expansion. It plans to grow from 75+ outlets to 100 stores in 2026 and 200 by 2027 across metros, Tier I and II markets.

Why this matters

Limelight is scaling from 75+ outlets to 200 stores by 2027 while deepening manufacturing, signaling a vertical integration push in India's lab-grown diamond retail segment.

Retail-company signals accelerating at +479200% QoQ.