About Firefly Diamonds
Firefly Diamonds is a company based in Mumbai (India) founded in 2023. Firefly Diamonds has raised $3 million across 1 funding round from investors including WestBridge Capital, Manoj Agarwal and Kamla Rani. The company has 29 employees as of February 28, 2025. Firefly Diamonds operates in a competitive market with competitors including Jewelbox, Fiona Diamond, Svaraa, Hyou Fine Jewelry and Wondr Diamonds, among others.
- Headquarter Mumbai, India
- Employees 29 as on 28 Feb, 2025
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Firelab Diamonds Private Limited
- Date of Incorporation 30 Dec, 2023
- Jurisdiction Bandra, Maharashtra, India
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Annual Revenue
Not available
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Net Profit
-$2.6 K (USD)0as on Mar 31, 2024
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EBITDA
-$2.6 K (USD)0as on Mar 31, 2024
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Total Equity Funding
$3 M (USD)
in 1 rounds
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Latest Funding Round
$3 M (USD), Seed
Mar 19, 2025
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Investors
WestBridge Capital
& 3 more
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Employee Count
29
as on Feb 28, 2025
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People of Firefly Diamonds
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Funding Insights of Firefly Diamonds
Firefly Diamonds has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Seed round of $3 million completed in March 2025. 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 Firefly Diamonds
Firefly Diamonds has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include WestBridge Capital, Manoj Agarwal and Kamla Rani.
| Investor | Description | Founded Year | Domain | Location |
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Investment firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology.
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MA
Manoj Agarwal |
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KR
Kamla Rani |
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Investor details for Firefly Diamonds
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Investments & Acquisitions by Firefly Diamonds
Investment portfolio details for Firefly Diamonds
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Financial Statements - Firefly Diamonds
Detailed financials for Firefly Diamonds
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Firefly Diamonds Comparisons
Peer comparison for Firefly Diamonds
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Competitors of Firefly Diamonds
Firefly Diamonds 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, Fiona Diamond, 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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Lab-grown and natural diamond jewelry is retailed by Fiona Diamond.
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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 Firefly Diamonds
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Latest news on Firefly Diamonds
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Frequently Asked Questions about Firefly Diamonds
Firefly Diamonds was founded in 2023 and raised its 1st funding round 2 years after it was founded.
Firefly Diamonds is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Firefly Diamonds is a funded company, having raised a total of $3M across 1 funding round to date.
As of Feb 28, 2025, the latest employee count at Firefly Diamonds is 29.
Online brand of lab-grown diamond jewelry. It offers a collection of rings, earrings, necklaces, bracelets, and pendants. The company provides certification from reputable gemological labs and ensures ethical sourcing. A studio allows customers to design custom pieces. Jewelry comes with lifetime exchange and buyback options. The retailer also offers a tree-planting initiative with each purchase.
Firefly Diamonds's top competitors include Jewelbox, Fiona Diamond and Hyou Fine Jewelry.
Firefly Diamonds has 4 investors. Key investors include WestBridge Capital, Manoj Agarwal, Kamla Rani, and Indu Agarwal.