jewellery
GIVA, a direct-to-consumer (D2C) jewellery brand, has raised INR 255 crore ($30.3 million) in its expanded Series B funding round. The investment came from Premji Invest, Epiq Capital, and Edelweiss Discover Fund.Investments allow exit for A91...
Fine diamond jewellery retailer Kirtilals has opened its 14th retail showroom in Rajahmundry, Andhra Pradesh."We͏͏ are͏͏ excited͏͏ to͏͏ unveil͏͏ our͏͏ 14th͏͏ showroom͏͏ in͏͏ Rajahmundry,"͏͏ stated͏͏ Suraj͏͏ Shantakumar,͏͏ Director͏͏ of͏͏ Business͏͏ Strategy͏͏ at͏͏ Kirtilals.͏͏ "We͏͏ believe͏͏ this͏͏...
Breaking News
Wealthtech startup Jar taps into e-commerce with its D2C jewellery brand Nek
In a move to diversify its product mix, Tiger Global-backed wealthtech startup Jar is reportedly entering the e-commerce space with its D2C jewellery brand,...
Senco Gold in talks to acquire struggling online jewellery brand Melorra for INR 40-50 Cr
Senco Gold, a listed jewellery retailer, is reportedly in talks to acquire the struggling online jewellery brand Melorra for INR 40 crore to INR...
Indian retail sector to see mixed fortunes in Q2 FY25, with value retail and jewellery outperforming QSR
India's retail sector is expected to deliver a mixed performance in Q2 FY25, as per the Centrum report.Strong͏͏ Growth͏͏ in͏͏ Value Retail and Jewellery:While͏͏...
Bluestone’s FY24 revenue up 64%, losses narrow despite rising expenses
Jewellery retailer Bluestone has reported a 64% increase in operating revenue for the year ended March 2024, according to data from Tofler. Additionally,͏͏ the͏͏...
With gold and diamond prices soaring, Trent and Senco Gold shift focus to lab-grown jewellery
As gold and diamond prices reach record highs, major corporations are exploring lab-grown diamond jewellery as a more affordable alternative for consumers.Tata͏͏ Group’s͏͏ fashion͏͏...
Titan Company expects 25% revenue growth in Q2 as gold duty cut stimulates sales
Titan Company, the Indian jeweller and watchmaker, anticipates a 25% rise in second-quarter revenue due to improved domestic demand for certain jewellery products following...
Senco Gold expects 12% revenue growth this festive season
Jewellery retailer Senco Gold Ltd expects a 12% increase in revenue this festive season compared to the previous year, according to Suvankar Sen, MD...
Gold reaches new high of INR 78,300 on safe-haven buying and festive demand
Gold͏͏ reached͏͏ a͏͏ record͏͏ high͏͏ of͏͏ INR 78,300͏͏ per͏͏ 10͏͏ grams͏͏ on͏͏ Wednesday,͏͏ driven͏͏ by͏͏ safe-haven͏͏ buying͏͏ amid͏͏ escalating͏͏ tensions͏͏ in͏͏ the͏͏ Middle͏͏ East͏͏...
India’s gold imports soar to $10.1 Bn as duty cut fuels domestic demand
Union Minister of Commerce and Industries Piyush Goyal stated that reducing the duty on gold from 15% to 6% has increased domestic demand for...
Festive season boosts gold and silver prices, experts predict further increases
Gold and silver prices are rising due to strong demand, and this momentum is expected to continue throughout the festival season.In͏͏ the͏͏ current͏͏ financial͏͏...
Oman India Joint Investment Fund sells shares in Senco Gold for over INR 75 Cr; ICICI Prudential Life acquires stake
Oman India Joint Investment Fund's arm sold shares of jewellery retail giant Senco Gold for over INR 75 crore in an open market transaction...
Export of gems and jewellery falls over 18% in August due to global consumption slowdown
The exports of gems and jewellery from India in August declined by 18.79% to USD 2,012.51 million,͏͏ compared͏͏ to͏͏ USD͏͏ 2,478.23͏͏ million͏͏ in͏͏ the͏͏...