<ul><li>Lab-grown diamond jewellery brand Firefly Diamonds has raised $3 million in funding led by WestBridge Capital.</li><li>The funding will be used to expand retail presence in India and invest in research and development.</li><li>Firefly Diamonds currently operates stores in Mumbai, Pune, Bengaluru, and Hyderabad, with plans to enter over 20 more locations in the next two years.</li><li>The market for lab-grown diamonds in India is projected to reach $8.31 billion by 2032, driven by increasing consumer demand for sustainability and value.</li></ul>

Lab-grown diamond jewellery brand Firefly Diamonds raises $3 million in funding

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