Solitario Lab Grown, a sustainable luxury jewellery brand, has raised $3.6 million in a pre-IPO funding round.
The funding will be used to expand its retail network, enhance branding and marketing efforts, diversify its product portfolio, and strengthen manufacturing capabilities.
The funding round attracted prominent investors and ultra-high-net-worth individuals.
Solitario Lab Grown aims to achieve ₹500 crore in revenue by 2028 and is making a significant impact in the lab-grown diamond segment.