About Fiona Diamond
Fiona Diamond is a company based in Mumbai (India) founded in 2004 by Parag Agrawal and Saurabh Agrawal. Fiona Diamond has raised $3.03 million across 8 funding rounds from investors including Venture Catalysts, We Founder Circle and Z Nation Lab. The company has 6 employees as of March 31, 2024. Fiona Diamond operates in a competitive market with competitors including Jewelbox, Aukera Jewellery, Svaraa, Hyou Fine Jewelry and Wondr Diamonds, among others.
- Headquarter Mumbai, India
- Employees 6 as on 31 Mar, 2024
- Founders Parag Agrawal, Saurabh Agrawal
- Stage Minicorn
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Sectors
Retail
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Email
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Phone
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Website
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Social
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- Legal Name Fiona Solitaires Private Limited
- Date of Incorporation 03 Jun, 2015
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$3.32 M (USD)21.26as on Mar 31, 2023
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Net Profit
$48.2 K (USD)43.17as on Mar 31, 2023
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EBITDA
$194.91 K (USD)20.45as on Mar 31, 2023
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Total Equity Funding
$3.03 M (USD)
in 8 rounds
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Latest Funding Round
$1.93 M (USD), Seed
Feb 08, 2026
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Investors
Venture Catalysts
& 15 more
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Employee Count
6
as on Mar 31, 2024
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Funding Insights of Fiona Diamond
Fiona Diamond has successfully raised a total of $3.03M across 8 strategic funding rounds. The most recent funding activity was a Seed round of $1.93 million completed in February 2026. 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.
Investors in Fiona Diamond
Fiona Diamond has secured backing from 16 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Venture Catalysts, We Founder Circle and Z Nation Lab.
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Tech-enabled businesses across Southeast Asia are supported by ACV Capital.
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Venture capital firm investing in early-stage tech startups
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Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Investor details for Fiona Diamond
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Investments & Acquisitions by Fiona Diamond
Investment portfolio details for Fiona Diamond
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Financial Statements - Fiona Diamond
Detailed financials for Fiona Diamond
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Fiona Diamond Comparisons
Peer comparison for Fiona Diamond
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Competitors of Fiona Diamond
Fiona Diamond operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jewelbox, Aukera Jewellery, Svaraa, Hyou Fine Jewelry and Wondr Diamonds, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Lab-grown diamond jewellery is provided via an online platform.
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Aukera Jewellery is engaged in selling lab-grown diamond jewellery.
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Produces high-quality lab-grown diamond jewelry products.
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Online fashion brand offering multi-category jewelry products
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Operates a direct-to-consumer brand specializing in premium precious jewelry.
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Detailed competitors of Fiona Diamond
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Latest news on Fiona Diamond
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Frequently Asked Questions about Fiona Diamond
Fiona Diamond was founded in 2004 and raised its 1st funding round 14 years after it was founded.
Fiona Diamond is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Parag Agrawal is the current CEO of Fiona Diamond. They have also founded this company.
Fiona Diamond is a funded company, having raised a total of $3.03M across 8 funding rounds to date.
As of Mar 31, 2024, the latest employee count at Fiona Diamond is 6.
Annual revenue of Fiona Diamond is $3.32M as on Mar 31, 2023.
Fiona Diamond was established in 2004 in Mumbai, India, as a retailer in the jewelry sector. A range of lab-grown and natural diamond pieces is offered, including rings, earrings, pendants, bracelets, and necklaces with diverse cuts and styles. Moissanite jewelry and lab-grown gemstone rings are included in the inventory. Solitaire, designer, and custom bridal services are provided to customers.
Fiona Diamond's top competitors include Jewelbox, Aukera Jewellery and Hyou Fine Jewelry.
Fiona Diamond has 16 investors. Key investors include Venture Catalysts, We Founder Circle, Z Nation Lab, Invstt, and SiriusOne.
The valuation of Fiona Diamond is $12.82M as of Feb 2024.