Dholakia Lab Grown Diamond
India, Surat, Gujarat
About Dholakia Lab Grown Diamond
Dholakia Lab Grown Diamond (DLGD) is a Surat-based, vertically integrated lab-grown diamond and jewellery manufacturer that grows, cuts, polishes, designs, and distributes LGDs to over 100 retailers across 25+ countries. It is the lab-grown diamond arm of the 33-year-old Hari Krishna Group and runs proprietary diamond-growing, robotic manufacturing and AI-assisted design lines powered by renewable energy. Beyond jewellery, DLGD is developing precision single-crystal diamonds for optical, quantum, thermal, semiconductor and defence applications.
Latest Funding
Series C+Announced 2026-04-29
Buying Signals
Where the capital is going, and whether it's already started moving.
Spend Intent
5 signals · where the capital is going
Pan-India physical retail network rollout for direct-to-consumer LGD jewellery — new stores and regional presence across India.
claude_code
Pan-India retail rollout and new precision-diamond product lines imply hiring in retail ops, manufacturing engineering and deep-tech R&D.
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+3 more capital deployment signals · confidence ratings · source articles
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Investors
ICICI Venture
Lead investor · Series C+
Tech Stack
Key Highlights
AI InsightsRound of Rs 800+ crore (~$85M) is one of the largest growth-stage investments in India lab-grown diamond sector, with Abakkus Four2Eight Opportunities Fund putting in Rs 300 crore as lead.
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