When was Limelight founded?

Limelight was founded in 2019 and raised its 1st funding round 4 years after it was founded.

Where is Limelight located?

Limelight is headquartered in Mumbai, India. It is registered at 26 PRASANNA KUMAR TAGORE STREET, KOLKATA, Jorasanko, Kolkata, Kolkata, West Bengal, India, 700006.

Which legal entities is Limelight associated with?

Limelight is associated with LIMELIGHT LAB GROWN DIAMONDS LIMITED and 2 others.

How many employees does Limelight have?

As of May 31, 2026, Limelight has 566 employees, reflecting a 181% year-over-year growth in headcount.

Is Limelight a funded company?

Limelight is a funded company, having raised a total of $77.9M across 8 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 12, 2023.

How much is Limelight worth?

The latest valuation of Limelight is $***** as of Feb 06, 2026. This marks a decline of 81% from its peak valuation of $334M in May, 2023. This marks a decline of 81% from its peak valuation of $334M in May, 2023.

When was the latest funding round of Limelight?

Limelight's latest funding was a $***** Series B round on Jul 01, 2026, with participation from 0 investor. Its primary sector is Fashion Tech. In India, the Fashion Tech sector has seen $299M in funding in 2026 to date.

What is the annual revenue of Limelight?

Annual revenue of Limelight is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Limelight rank among its competitors?

Limelight ranks 1st amongst 126 active competitors, of which 14 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Onya, which secured $1.31M in Sep, 2026.

Who are the top competitors of Limelight?

Limelight's top competitors include Jewelbox, True Diamond and Lucira Jewelry. Among them, Onya secured the most recent funding round in September, 2026.

Limelight - 2026 Company Profile, Team, Funding, Competitors & Financials

Limelight is a series B company based in Mumbai (India), founded in 2019 by Pooja Arjun Madhavan, Nirav Bhatt and Kalpan Dalal. It operates as an Online retailer of lab-grown diamond rings, earrings, pendants, and more. Limelight has raised $77.9M in funding from investors like Emerald Jewel Industry India, Hok Global and Compact Structure Fund, with a current valuation of $*****. The company has 126 active competitors, including 14 funded and 2 that have exited. Its top competitors include companies like Jewelbox, True Diamond and Lucira Jewelry.

Company Details

Online retailer of lab-grown diamond rings, earrings, pendants, and more. It provides a variety of styles, including solitaire, daily wear, and engagement rings. The company also offers earrings, pendants, bracelets, and necklaces. Customers can filter jewellery by style and price.

Website: limelightdiamonds.com
Social
Email ID: *****@limelightdiamonds.com
Phone Number: +91 **********
Registered Address: 26 PRASANNA KUMAR TAGORE STREET, KOLKATA, Jorasanko, Kolkata, Kolkata, West Bengal, India, 700006

Key Metrics

Founded Year

2019

Location

Mumbai, India

Stage

Series B

Total Funding

$77.9M in 8 rounds

Latest Funding Round

Series B, Jul 01, 2026, $*****

Post Money Valuation

$***** as on Feb 06, 2026

Investors

Emerald Jewel Industry India & 99 more

Ranked

1^st among 126 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

566 as on May 31, 2026

Similar Companies

Jewelbox & 118 more

View Limelight's full profile

Limelight is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
RESPONSIBLE DIAMOND INDUSTRIES PRIVATE LIMITED CIN: U36999MH2020PTC347457 , India, Active	Oct 08, 2020	₹10 - ₹50 Cr (As on Mar 31, 2025)	13 (As on Mar 31, 2026)
LIMELIGHT DEALERS PVT LTD CIN: U51109WB2006PTC110109 , India, Active	Jun 27, 2006	₹10 - ₹50 Cr (As on Mar 31, 2023)	14 (As on Aug 31, 2025)
LIMELIGHT LAB GROWN DIAMONDS LIMITED CIN: U32119MH2017PLC298146 , India, Active	Aug 02, 2017	₹100 - ₹500 Cr (As on Mar 31, 2025)	566 (As on May 01, 2026)

Limelight has raised a total funding of $77.9M over 8 rounds. Its first funding round was on May 12, 2023. Limelight has 17 institutional investors and 83 angel investors.

Here is the list of recent funding rounds of Limelight:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 01, 2026	5130780	Series B	6158199	1258208	6358165	6968070
Feb 06, 2026	7475631	Series B	7959449	1244990	4291382	Deepa Mehta & 6 more
Dec 29, 2025	2457594	Series B	8647800	6255338	9318791	7318420

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View details of Limelight's funding rounds and investors

The founders of Limelight are Pooja Arjun Madhavan, Nirav Bhatt and Kalpan Dalal.

Here are the details of Limelight's key team members:

Pooja Arjun Madhavan: Co-Founder & MD of Limelight. They serve on the board of 1 company.
Contact Info: 1 phone number
Nirav Bhatt: Co-Founder of Limelight.
Kalpan Dalal: Co-Founder & Director of Limelight.

Limelight's Board of Directors

Limelight's board has 8 active members. Pooja Arjun Madhavan and Nirav Jayesh Bhatt are part of team and Dhawal Chhaganlal Gadda, Shivang Ghanshyam Goyal, Arjun Madhavan, Karamjyot Singh Singh Chawla, Rajeshbhai Chaturbhai Limbasiya and Kalpan Bhushan Dalal are independent board members.

Here is the list of Limelight's board of directors:

Name	Type	Representing	Status	Duration
Nirav Jayesh Bhatt	Team	-	Current	8y 1m
ukchdhh	Team	-	Current	6y 4m
Dhawal Chhaganlal Gadda	Independent board member	-	Current	3y 7m
phkhbad	Independent board member	-	Current	2y 3m
c{fkpgz	Independent board member	-	Current	5y 7m
oqnhqom	Independent board member	-	Current	3y 5m
hmcmdly	Independent board member	-	Current	4y 6m
sidntqm	Independent board member	-	Current	9y 6m

View details of Limelight's Founder profiles and Board Members

Limelight's employee count trend

Limelight has 566 employees as of May 26. The total employee count is 180.0% more than what it was in May 25. Here is Limelight's employee count trend over the years:

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Top competitors of Limelight include Jewelbox, True Diamond and Lucira Jewelry. Here is the list of Top 10 competitors of Limelight, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Limelight 2019, Mumbai (India), Series B	Online retailer of lab-grown diamond rings, earrings, pendants, and more	$77.9M	Compact Structure Fund, Finavenue & 98 others	67/100
2nd	Jewelbox 2022, Kolkata (India), Seed	Online platform offering lab-grown diamond jewellery	$3.62M	V3 Ventures, JITO Incubation & Innovation Foundation ... & 30 others	65/100
3rd	True Diamond 2024, Mumbai (India), Seed	Online platform offering lab-grown diamond based jewelry products	$4M	India Quotient, Titan Capital & 16 others	62/100
4th	Lucira Jewelry 2025, Mumbai (India), Seed	Retailer of lab grown diamond jewelry including rings and necklaces	$5.5M	Blume Venture, Spring & 3 others	52/100
5th	Firefly Diamonds 2023, Mumbai (India), Seed	Online brand of lab-grown diamond jewelry	$3M	WestBridge Capital & 3 others	50/100
6th	Onya 2024, Bengaluru (India), Seed	Online retailer of lab-grown diamond jewellery including rings, necklaces and earrings	$1.92M	Stride Ventures, Zeropearl & 7 others	50/100
7th	Emori 2023, Gurugram (India), Seed	Retailer of lab grown diamond jewelry and gold accessory items	$333K	-	47/100
8th	Reia Diamonds 2023, Bengaluru (India), Seed	Internet first brand of diamond jewellery	$225K	Venture Catalysts & 1 others	47/100
9th	Zinara 2023, Delhi (India), Seed	Retailer of lab-grown diamond jewellery designed for everyday wear	$306K	FirstPort Ventures, Inflection Point Ventures ... & 7 others	43/100
10th	Ivana Jewels 2023, Surat (India), Seed	Retailer of lab-grown diamond jewelry	$526K	Avinya Ventures, We Founder Circle & 3 others	39/100

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Founders own 10.25%, Funds own 6.05%, Enterprises own 18.41% and Angels (largest shareholder) own 22.91%. The net worth of Limelight's founders is INR 60.3Cr as of Feb 06, 2026.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	10.25%	60.3Cr	1846315	5267060	5915734	1408208
Nirav Bhatt	1	4	5	2	2	6
Kalpan Dalal	5	7	5	7	2	3
Fund	6.05%	35.6Cr	128117	275081	613092	503579
Compact Structure Fund	65	16	24	11	32	84
Enterprise	18.41%	108Cr	3283683	8368657	6560295	9354449
Angel	22.91%	135Cr	5443527	5323468	7393126	3862769
Deepa Mehta	0	0	0	0	0	0
Subraya Pai	0	0	0	0	0	0
Shilpa Shetty Kundra	0	0	0	0	0	0
Other People	38.30%	225Cr	3545288	3969278	4872689	9112758
ESOP Pool	4.08%	24Cr	4188	9929	4302	5287
Total	100.00%	588Cr	1128037	4405968	7925090	5006065