Lab-grown diamond brand Fiona Diamonds raised Rs 6 Cr Seed funding from Venture Catalysts

The venture catalyst-led seed round of the lab-grown diamond brand Fiona Diamonds has raised Rs 6 crore.

Participating in the round are AC Ventures, Anikarth Ventures, Eco Brilliance, Suraj Nalan, and Shantanu Deshpande of the Bombay Shaving Company.

Funding for the company’s growth and innovation in the ethical luxury market will come from the proceeds.

Using lab-grown diamonds, Fiona Diamonds, founded by Parag and Saurabh Agrawal, provides clients with a carefully chosen assortment of stunning solitaire jewelry.

Fiona Diamonds, a brand that prioritizes digital marketing, has over 10,000 devoted customers and operates flagship stores in major cities such as Bengaluru, Delhi, and Mumbai. The company also has ten locations globally.