Mumbai-based natural diamond solitaire jewellery brand Divine Solitaires has announced the launch of its maiden fundraise, with plans to secure $10 million to fuel its next stage of growth. The capital infusion is aimed at strengthening brand visibility, scaling operations and sharpening internal capabilities as the company prepares for accelerated expansion.
The brand is projecting a robust 30–35% year-on-year growth in FY26 and has set an ambitious target to evolve into a $250–300 million enterprise within the next three to four years. A significant portion of the funds—around 60%—will be channelled into brand-led initiatives, while the rest will be allocated towards working capital needs, technology upgrades and building a stronger team.
Established in 2006 by Jignesh and Shailen Mehta, Divine Solitaires has steadily built a strong footprint in India’s solitaire diamond market. Today, the brand is available across 215 retail touchpoints spanning 108 cities, benefiting from rising consumer demand for certified solitaire jewellery and premium diamond offerings.