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

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Lab-grown diamond jewellery startup Firefly Diamonds has raised $3 million in seed funding from WestBridge Capital.

The company plans to use the funds to expand its retail footprint, strengthen its digital presence, and invest in research and development.

Firefly currently operates stores in Mumbai, Pune, Bengaluru, and Hyderabad, and aims to scale up to more than 20 locations over the next two years.

“With this funding, we wish to usher in a new era of Indian luxury that celebrates beauty, individuality, and the art of fine craftsmanship,” said…

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