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 Aug 31, 2025, Limelight has 284 employees, reflecting a 382% 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 $236M 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 117 active competitors, of which 15 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Limelight, which secured $28.9M in Jul, 2026.

Who are the top competitors of Limelight?

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

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

Limelight is a series B company based in Mumbai (India), founded in 2019. 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 117 active competitors, including 15 funded and 1 that has 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 117 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

284 as on Aug 31, 2025

Similar Companies

Jewelbox & 117 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
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 DEALERS PVT LTD CIN: U51109WB2006PTC110109 , India, Active	Jun 27, 2006	₹10 - ₹50 Cr (As on Mar 31, 2023)	14 (As on Aug 31, 2025)
RESPONSIBLE DIAMOND INDUSTRIES PRIVATE LIMITED CIN: U36999MH2020PTC347457 , India, Active	Oct 08, 2020	₹10 - ₹50 Cr (As on Mar 31, 2025)	14 (As on Aug 31, 2025)

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	7726196	Series B	7039142	5860396	4189981	7396576
Feb 06, 2026	9462099	Series B	1432570	2745451	8764736	Deepa Mehta & 6 more
Dec 29, 2025	2719136	Series B	6090443	3318115	9520865	1294985

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View details of Limelight's funding rounds and investors

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 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	7y 11m
bohtsnp	Team	-	Current	7y 9m
Dhawal Chhaganlal Gadda	Independent board member	-	Current	3y 5m
wqcbavf	Independent board member	-	Current	1y 1m
kt{dvcn	Independent board member	-	Current	9y 8m
zrgnfib	Independent board member	-	Current	4y 2m
rcghjuf	Independent board member	-	Current	8y 7m
rmeeasi	Independent board member	-	Current	8y 5m

Limelight's employee count trend

Limelight has 284 employees as of Aug 25. The total employee count is 381.0% more than what it was in Aug 24. 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, Capri Loans & 98 others	71/100
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	Spring, Blume Venture & 3 others	56/100
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	$617K	Stride Ventures, Zeropearl & 6 others	46/100
7th	Coluxe 2025, Delhi (India), Seed	Online retailer of fine jewellery featuring lab-grown diamonds and gemstones	-	Startup Sherpas & 6 others	44/100
8th	Emori 2023, Gurugram (India), Seed	Retailer of lab grown diamond jewelry and gold accessory items	$333K	-	41/100
9th	Reia Diamonds 2023, Bengaluru (India), Seed	Internet first brand of diamond jewellery	$225K	Venture Catalysts & 1 others	40/100
10th	Zinara 2023, Delhi (India), Seed	Online retailer of lab-grown diamond jewellery set in gold vermeil	-	Inflection Point Ventures, IIMA Ventures	40/100

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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	5829266	5000137	1702999	7374954
Fund	6.05%	35.6Cr	613422	120863	396977	446150
Compact Structure Fund	63	39	75	50	70	51
Enterprise	18.41%	108Cr	6790704	7229864	3636152	6433766
Angel	22.91%	135Cr	6948500	2884194	1441422	3043163
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	6885223	1446379	1412514	6289334
ESOP Pool	4.08%	24Cr	2854	8811	2358	4570
Total	100.00%	588Cr	7124661	7314046	6125925	6710322