Fiona Diamonds raised 6 crore in a seed funding led by Venture Catalysts, AC Ventures, and Anikarth Ventures to fuel the company’s expansion and innovation in the ethical luxury market.
Mar 12, 2024•over 1 year ago
Amount Raised
₹60 Million
Round Type
seed
Investors
Suraj NalanEco BrillianceShantanu DeshpandeAnikarth VenturesAc VenturesVenture Catalysts
Description
Fiona Diamonds, India's exclusive brand for lab-grown diamond, announced a 6 crore seed funding round led by Venture Catalysts. The round also includes AC Ventures, Anikarth Ventures, Shantanu Deshpande of Bombay Shaving Company, Eco Brilliance, and Suraj Nalan. The funding will fuel the company’s expansion and innovation in the burgeoning ethical luxury market, aiming to become a global leader in luxury jewelry retailing.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech