In a sparkling step toward redefining modern luxury, Reia Diamonds, a Bengaluru-based lab-grown diamond jewellery brand, has raised ₹2 crore in a pre-seed round led by Dinesh Talera and family, with participation from Venture Catalysts.
Founded in 2023 by Prapanjj S K Kota, Reia Diamonds is built on a simple yet powerful belief, that beauty and ethics can coexist. The brand crafts exquisite, certified lab-grown diamond jewellery that matches the brilliance of mined diamonds while being sustainable and transparently priced.
The fresh capital will help Reia Diamonds expand its retail footprint, strengthen its omnichannel presence, and push innovation across engagement rings and everyday wear collections — designed for the modern Indian woman who seeks elegance with consciousness.
Since its inception, the brand has built three profitable stores across Bengaluru, Guwahati, and Coimbatore, and plans to scale further through its franchise model, ensuring growth with profitability.
As India’s lab-grown diamond market — currently valued at $300–350 million in 2024, continues to shine with a projected ~15% CAGR over the next decade, Reia Diamonds is carving a niche for itself with its blend of innovation, craftsmanship, and conscious luxury.
With this fundraiser, Reia Diamonds isn’t just selling jewellery, it’s inspiring a new definition of luxury that’s ethical, elegant, and enduring.
-By Muskan Dengra
