The fresh capital will be deployed towards accelerating retail expansion, strengthening design possibilities
Limelight Lab Grown Diamonds has notified a major expansion into in-house diamond growing and manufacturing capabilities. This integration significantly reduces dependency on third-party suppliers, strengthens cost control and enables faster product launches, exclusive collaborations and consistent quality across all consumer touchpoints.
The brand has also raised Rs 250 crore to accelerate growth. The fresh capital will be deployed towards accelerating retail expansion, strengthening design possibilities, as per the official statement.
This capital raise and vertical integration mark a defining moment in Limelight’s growth journey. It enables an end-to-end control across the value chain offering enhanced transparency, traceability and technological innovations. This will strengthen our business, and equip us to scale responsibly while continuing to deliver superior quality and value to our customers,” stated Pooja Madhavan, Founder and Managing Director (MD), Limelight Lab Grown Diamonds.
The official statement noted that Limelight’s growth strategy remains firmly rooted in responsible luxury with an aggressive growth plan of reaching 200 stores by 2027. By combining science, design innovation, and ethical practices the brand continues to appeal to a new generation of consumers seeking transparency, sustainability, and fulfilling their design aspiration.
