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Economic Times

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Image Credit: Economic Times

Lab-grown diamond startup Firefly Diamonds raises $3 million from WestBridge Capital

  • Lab-grown diamond startup Firefly Diamonds raises $3 million from WestBridge Capital.
  • The funding will be used to expand retail footprint, strengthen digital presence, and invest in R&D.
  • Firefly currently operates stores in Mumbai, Pune, Bengaluru, and Hyderabad, with plans to expand to 20 locations in the next two years.
  • Lab-grown diamonds are gaining popularity, attracting more players to the market.

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