About Diamond City
Diamond City is a Real Estate & Construction company based in Coimbatore (India) founded in 2007. Luxury residential properties are developed by Diamond City in India. Diamond City has raised $352.01 thousand across 5 funding rounds from investors including Shyla V, Selvam K and Ranganatha Gupta S. The company has 4 employees. Diamond City was last valued at $1.84 million in January 2011. Its Indian entity Diamond City Developers (India) Private Limited reported revenue of ₹5.47 Cr. Diamond City offers products and services including Luxury Apartments and Flats for Sale. Its focus areas include Real Estate and Construction, Real Estate & Infrastructure Developers, Residential and Luxury. Its competitors include Lodha Group, Oberoi Realty and DLF India; 1 of its 3 listed competitors has raised funding.
Company details
Diamond City was established in 2007 in Coimbatore, India, as a developer focused on luxury residential properties. Operations are centered on real estate development, with services including property design, construction, and management for upscale housing projects. The company is led by Managing Director Govindarajulu Visvanathan. Activities are conducted primarily in the Indian market, serving residential needs in urban and suburban areas.
- Headquarters Coimbatore, India
- Employees 4
- Stage Minicorn
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website diamond-city.in
- Social X Facebook Instagram
- Legal Name Diamond City Developers (India) Private Limited
- Date of Incorporation 17 Apr, 2007
- Jurisdiction Coimbatore, Tamil Nadu, India
- Annual Revenue₹5.47 Cr
FY 2025 · +1% YoY
- Net Profit₹96.2 Lakh
FY 2025 · 18% margin
- EBITDA₹2.02 Cr
FY 2025 · 37% margin
- Total Equity Funding$352.01K (USD)
in 5 rounds
- Latest Funding Round$29.25K (USD), Angel Round
Jun 2023
- Employee Count4
Associated legal entities of Diamond City
Diamond City is associated with 2 registered companies on The Company Check; the primary company is Diamond City Developers (India) Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Diamond City Developers (India) Private Limited CIN U45201TZ2007PTC013639 | Active | 17 Apr 2007 | Coimbatore, Tamil Nadu | ₹5.5 Cr | 4 | 12 | View details |
| Sevvel Diamonds Llp CIN ACB-1706 | Active | 14 May 2023 | Coimbatore, Tamil Nadu | 2 | View details |
Products & Services of Diamond City
Diamond City offers a comprehensive portfolio of products and services, including Luxury Apartments and Flats for Sale.
Provides high-end apartments with modern amenities for comfortable living in Coimbatore
Offers affordable yet premium flats in Coimbatore's property market
Funding Insights of Diamond City
Diamond City has successfully raised a total of $352.01K across 5 strategic funding rounds. The most recent funding activity was a Angel Round of $29.25 thousand completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $352,015
- Total Rounds 5
- Last Round Angel Round — $29,247
- First Round $24,011
(Dec 2007)
- Investors Count 18
All 5 funding rounds of Diamond City with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2023 | $29,247 | Angel Round | – | M Suresh Kumar | – |
| Jan 2011 | $157,532 | Angel Round | $1.84M | P Nageswaran, Maheshwaran | |
| Feb 2010 | $52,569 | Angel Round | $2.27M | T kannan, Phool Kali Singh | |
| Mar 2009 | $88,655 | Seed | $••••• | Abiman Holdings | |
| Dec 2007 | $24,011 | Angel Round | $••••• | Shyla V | – |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2011 | $1.84M | •••••••• |
| Feb 2010 | $2.27M | •••••••• |
| Dec 2007 | $••••• | •••••••• |
Full valuation and stage history of Diamond City
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
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Verified entity values are shown only after access is granted.
Last known valuation $1.84M (Jan 2011). 18 investors in total: 1 institutional and 17 angel.
Investors in Diamond City
Diamond City has secured backing from 18 investors, including angel and institutional investors. Prominent investors backing the company include Shyla V, Selvam K and Ranganatha Gupta S.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| abimanholdings.tcc.mode | ||||
SV Shyla V | unknown_f9703760c1b141f79 | |||
SK Selvam K | unknown_678db440497c4522a | |||
RG Ranganatha Gupta S | unknown_87765841790541eda | |||
RP Rana Pratap Singh | unknown_217d2252749144848 | |||
PN P Nageswaran | unknown_13b642364e4645f1a | |||
M Maheshwaran | unknown_4d9f5f376e01402e9 | |||
PK P Kumareswaran | unknown_0b42fee7e590483e8 | |||
RG Ragunathan G | unknown_41ce461d47dc46768 | |||
PK Phool Kali Singh | unknown_0c97990e93994afe9 |
Investor details for Diamond City
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Diamond City Developers (India) Private Limited (Diamond City)
Diamond City Developers (India) Private Limited is the primary company behind Diamond City. The boards of the 2 registered companies of Diamond City currently have 12 directors; the longest-serving is Sundaram Ranganatha Gupta, appointed in 2007. 14 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sundaram Ranganatha Gupta DIN 01493562 | Director | 10 May 2007 | 19 yrs 5 mo | Diamond City Developers (India) Private Limited |
| Nallasamy Chandravelu DIN 06802781 | Director | 28 Dec 2012 | 13 yrs 9 mo | Diamond City Developers (India) Private Limited |
| Mahalakshmi DIN 09066967 | Director | 18 Feb 2021 | 5 yrs 8 mo | Diamond City Developers (India) Private Limited |
| Haresh Ragunathan DIN 09066968 | Director | 18 Feb 2021 | 5 yrs 8 mo | Diamond City Developers (India) Private Limited |
| Grandhee Sairaj Anirudhan DIN 09066958 | Director | 18 Feb 2021 | 5 yrs 8 mo | Diamond City Developers (India) Private Limited |
| Visvanathan Aishwarya DIN 09066959 | Director | 18 Feb 2021 | 5 yrs 8 mo | Diamond City Developers (India) Private Limited |
| Sureshkumar Mani DIN 07326458 | Director | 18 Feb 2021 | 5 yrs 8 mo | Diamond City Developers (India) Private Limited |
| Grandhee Ramachandra Sairaj DIN 01128095 | Director | 04 Apr 2022 | 4 yrs 6 mo | Diamond City Developers (India) Private Limited |
| Kuppusamy Selvam DIN 01387512 | Designated Partner | 14 May 2023 | 3 yrs 5 mo | Sevvel Diamonds Llp, Diamond City Developers (India) Private Limited |
| Govindarajulu Visvanathan DIN 01237605 | Designated Partner | 14 May 2023 | 3 yrs 5 mo | Sevvel Diamonds Llp, Diamond City Developers (India) Private Limited |
| Thangavel DIN 01861651 | Director | 16 Jun 2023 | 3 yrs 4 mo | Diamond City Developers (India) Private Limited |
| Jeyaraj DIN 00266327 | Director | 16 Jun 2023 | 3 yrs 4 mo | Diamond City Developers (India) Private Limited |
People of Diamond City
1 people are tracked at Diamond City (1 in leadership); the tracked headcount is 4.
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership |
Complete people profiles for Diamond City
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Diamond City
Figures of Diamond City Developers (India) Private Limited, the primary company behind Diamond City, for FY 2025. Revenue was ₹5.47 Cr (+1% year on year). Net profit was ₹96.2 Lakh (18% margin). EBITDA was ₹2.02 Cr (37% margin). Revenue has grown at a compounded annual rate of -40% over three years and -17% over five years.
- ₹5.47 CrRevenue · FY 2025 · +1% YoY
- ₹96.2 LakhNet profit · 18% margin
- ₹2.02 CrEBITDA · 37% margin
- ₹2.50 CrPaid-up capital
- 4Employees (provident fund records)
- -40%Revenue CAGR, 3 years
- -17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Diamond City Developers (India) Private Limited are on its company page.
Detailed financial statements for Diamond City
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Diamond City
4 dated milestones of Diamond City across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Diamond City is founded.
- Funding First funding round of $24K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $29K.
Competitors of Diamond City
Diamond City has 3 listed competitors in our database, 1 of them funded. They include Lodha Group, Oberoi Realty and DLF India.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lodhagroup.com | 1980 | Mumbai, India | 4,846 | Developer of residential and commercial real estate properties | ||
| oberoirealty.com | 1980 | Mumbai, India | $152.4M | 942 | Premium residential building development services are provided. | |
| dlf.in | 1947 | Gurugram, India | 132 | Provider of property and real estate development services |
Detailed competitors of Diamond City
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Top companies in Real Estate Developers & Builders
3 companies that operate in the same segment as Diamond City (Real Estate Developers & Builders) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of luxury residential properties | 1992 | Mumbai, Maharashtra, India | USD 158.42 M | USD 55.39 M | 1,046 | |
Residential and commercial properties are developed by Godrej Properties. | 1990 | Mumbai, Maharashtra, India | USD 546.88 M | 6,030 | ||
Premium residential building development services are provided. | 1980 | Mumbai, Maharashtra, India | USD 152.4 M | USD 658.36 M | 1,480 |
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Related news about Diamond City
Complete news archive for Diamond City
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Frequently Asked Questions about Diamond City
Diamond City was founded in 2007.
Diamond City is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
Diamond City is a funded company, having raised a total of $352.01K across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $24.01K, raised on Dec 2007.
Diamond City has 4 employees.
The primary company behind Diamond City, Diamond City Developers (India) Private Limited, reported revenue of ₹5.47 Cr for FY 2025, up 1% year on year.
Diamond City was established in 2007 in Coimbatore, India, as a developer focused on luxury residential properties. Operations are centered on real estate development, with services including property design, construction, and management for upscale housing projects. The company is led by Managing Director Govindarajulu Visvanathan. Activities are conducted primarily in the Indian market, serving residential needs in urban and suburban areas.
Diamond City's top competitors include Oberoi Realty, DLF India and Lodha Group.
Diamond City offers Luxury Apartments and Flats for Sale.
Diamond City has 18 investors. Key investors include Shyla V, Selvam K, Ranganatha Gupta S, Rana Pratap Singh, and P Nageswaran.
The valuation of Diamond City is $1.84M as of Jan 2011.
Diamond City is associated with 2 legal entities: Diamond City Developers (India) Private Limited, Sevvel Diamonds Llp.
The legal entities of Diamond City currently have 12 directors, including Kuppusamy Selvam, Govindarajulu Visvanathan, Nallasamy Chandravelu and others.