Fiona Diamond - About the company
Fiona Diamond is a seed company based in Mumbai (India), founded in 2015 by Parag Dilip Agrawal and Saurabh Dilip Agrawal. It operates as a Brand of lab-grown diamond rings, earrings, pendants, and bracelets. Fiona Diamond has raised $3.25M in funding from Enpargroup and Venture Catalysts, with a current valuation of ₹*****. The company has 102 active competitors, including 13 funded and 5 that have exited. Its top competitors include companies like GIVA, Limelight and Aukera.
Company Details
Brand of lab-grown diamond rings, earrings, pendants, and bracelets. The company provides various styles, including solitaires, halo rings, and toi et moi designs. It offers necklaces, mangalsutras, and brooches. The retailer also provides loose solitaire diamonds and color lab stones.
- Website
- www.fionadiamonds.com/
- Email ID
- *****@fionadiamonds.com
- Phone Number
- +91 **********
- Registered Address
- Off No. 120, 1st Floor, Parekh Market, 39 J.S.S. Road, Opera House, Mumbai City, Mumbai, Maharashtra, India, 400004
Key Metrics
Founded Year
2015
Location
Mumbai, India
Stage
Seed
Total Funding
$3.25M in 8 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Jun 17, 2024
Investors
Ranked
5th among 102 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
24 as on Apr 30, 2026
Legal entities associated with Fiona Diamond
Fiona Diamond is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FIONA SOLITAIRES PRIVATE LIMITED CIN: U74999MH2015PTC265142 , India, Active | Jun 03, 2015 | $1M - $10M (As on Mar 31, 2025) | 24 (As on Apr 01, 2026) |
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Fiona Diamond's funding and investors
Fiona Diamond has raised a total funding of $3.25M over 8 rounds. Its first funding round was on Jan 08, 2018. Its latest funding round was a Seed round on Feb 08, 2026 for $*****. 3 investors participated in its latest round. Fiona Diamond has 13 institutional investors and 8 angel investors.
Here is the list of recent funding rounds of Fiona Diamond:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 08, 2026 | 1203894 | Seed | 6197893 | 7476497 | 7170265 | 9828264 |
Jun 16, 2024 | 5910456 | Seed | 4025959 | 2997882 | 2362368 | |
Feb 26, 2024 | 2965517 | Seed | 2135128 | 7842985 |
View details of Fiona Diamond's funding rounds and investors
Fiona Diamond's founders and board of directors
Founder? Claim ProfileThe founders of Fiona Diamond are Parag Dilip Agrawal and Saurabh Dilip Agrawal. Parag Dilip Agrawal is the CEO of Fiona Diamond.
Here are the details of Fiona Diamond's key team members:
- Parag Dilip Agrawal: Co-Founder & CEO of Fiona Diamond. They serve on the board of 1 company.Contact Info: 1 email address and 2 phone numbers
- Saurabh Dilip Agrawal: Co-Founder & CTO of Fiona Diamond and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address and 2 phone numbers
Fiona Diamond's Board of Directors
Fiona Diamond's board has 3 active members. Parag Dilip Agrawal and Saurabh Dilip Agrawal are part of team and Dilip Mohanlal Agrawal is independent board member.Here is the list of Fiona Diamond's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 10y 11m | |
Team | - | Current | 10y 11m | |
Independent board member | - | Current | 10y 11m |
View details of Fiona Diamond's Founder profiles and Board Members
Fiona Diamond's employee count trend
Fiona Diamond has 24 employees as of Apr 26. The total employee count is 85.0% more than what it was in Apr 25. Here is Fiona Diamond's employee count trend over the years:
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Fiona Diamond's Competitors and alternates
Top competitors of Fiona Diamond include GIVA, Limelight and Aukera. Here is the list of Top 10 competitors of Fiona Diamond, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Retailer of silver, gold, and lab-grown diamond jewellery | $133M | 85/100 | ||
2nd | Online retailer of lab-grown diamond rings, earrings, pendants, and more | $49M | 71/100 | ||
3rd | Brand offering lab-grown diamond jewellery including rings and pendants | $22M | 66/100 | ||
4th | Online platform offering lab-grown diamond jewellery | $3.62M | 65/100 | ||
5th | Fiona Diamond 2015, Mumbai (India), Seed | Brand of lab-grown diamond rings, earrings, pendants, and bracelets | $3.25M | 52/100 | |
6th | Firefly Diamonds 2023, Mumbai (India), Seed | Online brand of lab-grown diamond jewelry | $3M | 49/100 | |
7th | Lucira Jewelry 2025, Mumbai (India), Seed | Retailer of lab grown diamond jewelry including rings and necklaces | $5.5M | 49/100 | |
8th | Online retailer of lab-grown diamond jewellery including rings, necklaces and earrings | $617K | 46/100 | ||
9th | Online retailer of fine jewellery featuring lab-grown diamonds and gemstones | - | 45/100 | ||
10th | Online retailer of lab-grown diamond jewellery set in gold vermeil | - | 39/100 |
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Fiona Diamond's Investments and acquisitions
Fiona Diamond has made no investments or acquisitions yet.
News related to Fiona Diamond
Media has covered Fiona Diamond for 1 event in last 1 year.
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Lab-grown diamond startups race to build market presenceFinancial Express•Mar 24, 2025•Jewelbox, Limelight, Fiona Diamond, Wondr Diamonds and 3 others
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Fiona Diamonds Opens 6th Flagship Store in Prayagraj: Redefining Sustainable Luxury with Bridal Elegance and Engagement RingsAsian News International•Dec 18, 2024•Fiona Diamond
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Fiona Diamonds raises INR 6 Crore in seed funding round led by Venture CatalystsSnackfax•Mar 12, 2024•Fiona Diamond, Venture Catalysts, AC Ventures, Anikarth Ventures and 4 others
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Fiona Diamonds: Setting off a new era of sustainable diamondsAsian News International•Jun 16, 2022•Fiona Diamond
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New York biotextile startup raises $550,000Biofuels Digest•Nov 02, 2021•Bucha Bio, Climate Ventures, Lifely, MicroVentures and 2 others
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