We are delighted to announce that our recent investment in True Diamond, a pioneering startup in the lab-grown diamond industry, has raised $1 million in a seed funding round.
The round was led by Titan Capital, along with participation from Huddle Ventures, Ashutosh Valani, Priyank Shah and Aashka Goradia Goble (Co-Founders, RENÉE Cosmetics), Ghazal Alagh (Founder, Mamaearth), Abhishek Goyal (Founder, Tracxn) and Anmol Jain (Founder, Astrotalk).
Founded by Parin Shah and Darayus Mehta in January 2024, True Diamond is setting new benchmarks in the jewellery industry with its focus on 100% certified lab-grown diamonds, sustainability, and unparalleled design quality. With the catalog spanning over 5,000 customizable designs, the brand is rapidly gaining traction among sustainability-conscious customers nationwide.
True Diamond plans to direct the capital into building a skilled team, amplifying brand visibility, and crafting a unique retail experience. This funding will empower the company to onboard jewellery experts/consultants, designers and sales teams, launch exclusive boutique outlets in Mumbai and Delhi NCR, and invest further in branding and marketing initiatives to connect with a broader audience of sustainability-conscious consumers.
Speaking on the announcement, Parin Shah, Co-Founder of True Diamond, said, “Darayus Mehta, my Co-Founder and I are humbled to have earned the trust of such distinguished investors at this early stage of our brand. With their expertise and guidance, we intend to build True Diamond to become one of the renowned brands in the Jewellery industry in the near future.”
We are delighted to announce that our recent investment in True Diamond, a pioneering startup in the lab-grown diamond industry, has raised $1 million in a seed funding round.
The round was led by Titan Capital, along with participation from Huddle Ventures, Ashutosh Valani, Priyank Shah and Aashka Goradia Goble (Co-Founders, RENÉE Cosmetics), Ghazal Alagh (Founder, Mamaearth), Abhishek Goyal (Founder, Tracxn) and Anmol Jain (Founder, Astrotalk).
About True Diamond
Founded by Parin Shah and Darayus Mehta in January 2024, True Diamond is setting new benchmarks in the jewellery industry with its focus on 100% certified lab-grown diamonds, sustainability, and unparalleled design quality. With the catalog spanning over 5,000 customizable designs, the brand is rapidly gaining traction among sustainability-conscious customers nationwide.
True Diamond plans to direct the capital into building a skilled team, amplifying brand visibility, and crafting a unique retail experience. This funding will empower the company to onboard jewellery experts/consultants, designers and sales teams, launch exclusive boutique outlets in Mumbai and Delhi NCR, and invest further in branding and marketing initiatives to connect with a broader audience of sustainability-conscious consumers.
Speaking on the announcement, Parin Shah, Co-Founder of True Diamond, said, “Darayus Mehta, my Co-Founder and I are humbled to have earned the trust of such distinguished investors at this early stage of our brand. With their expertise and guidance, we intend to build True Diamond to become one of the renowned brands in the Jewellery industry in the near future.”