About I Love Diamonds
I Love Diamonds is a company based in Chennai (India) founded in 2000. I Love Diamonds has raised $1.14 million across 3 funding rounds from investors including Ravikanth Chowdhary, Harish Chhabria and Anil Jain. The company has 1 employees as of April 08, 2024. I Love Diamonds operates in a competitive market with competitors including GIVA, BlueStone, CaratLane, Melorra and Aulerth, among others.
- Headquarter Chennai, India
- Employees 1 as on 08 Apr, 2024
- Stage Minicorn
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Sectors
Retail
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Phone
Locked
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Website
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Social
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- Legal Name Ilove Diamonds Private Limited
- Date of Incorporation 12 Oct, 2012
- Jurisdiction Teynampet, Tamil Nadu, India
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Annual Revenue
$276.49 K (USD)239.6as on Mar 31, 2022
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Net Profit
-$60.8 K (USD)30.95as on Mar 31, 2022
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EBITDA
-$17.95 K (USD)32.5as on Mar 31, 2022
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Total Equity Funding
$1.14 M (USD)
in 3 rounds
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Latest Funding Round
$82.54 K (USD), Angel Round
Sep 06, 2016
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Investors
& 5 more
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Employee Count
1
as on Apr 08, 2024
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Funding Insights of I Love Diamonds
I Love Diamonds has successfully raised a total of $1.14M across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $82.54 thousand completed in September 2016. 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 I Love Diamonds
I Love Diamonds has secured backing from 6 investors, including angel investors. Prominent investors backing the company include Ravikanth Chowdhary, Harish Chhabria and Anil Jain.
| Investor | Description | Founded Year | Domain | Location |
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RC
Ravikanth Chowdhary |
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HC
Harish Chhabria |
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AJ
Anil Jain |
Angel investor, ex-CEO of Nandi Infrastructure, focused on tech startups
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Investor details for I Love Diamonds
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Investments & Acquisitions by I Love Diamonds
Investment portfolio details for I Love Diamonds
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Financial Statements - I Love Diamonds
Detailed financials for I Love Diamonds
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I Love Diamonds Comparisons
Peer comparison for I Love Diamonds
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Competitors of I Love Diamonds
I Love 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 GIVA, BlueStone, CaratLane, Melorra and Aulerth, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Gold and silver jewellery, lab-grown diamonds, and accessories are retailed.
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Subscription-based jewelry is provided by digital-first brand BlueStone.
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Precious jewelry is offered online for men and women.
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Precious jewelry is offered online by this internet-first brand.
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Precious jewelry is offered through an online platform.
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Provides online sales of handcrafted traditional, tribal, and contemporary jewellery designs.
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Detailed competitors of I Love Diamonds
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Latest news on I Love Diamonds
Complete news archive for I Love Diamonds
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Frequently Asked Questions about I Love Diamonds
I Love Diamonds was founded in 2000 and raised its 1st funding round 15 years after it was founded.
I Love Diamonds is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
I Love Diamonds is a funded company, having raised a total of $1.14M across 3 funding rounds to date.
As of Apr 08, 2024, the latest employee count at I Love Diamonds is 1.
Annual revenue of I Love Diamonds is $276.49K as on Mar 31, 2022.
The company was founded in 2000 in Chennai, India, and operates as an internet-first brand in the jewelry sector. A range of products, including earrings, pendants, necklaces, rings, and bracelets, is provided. These items are crafted from precious metals and gems such as gold and diamonds. Sales and distribution are managed primarily through the online domain ilovediamonds.com.
I Love Diamonds has 6 investors. Key investors include Ravikanth Chowdhary, Harish Chhabria, Anil Jain, Pankaj Chetan, and Ravichand Daga.
The valuation of I Love Diamonds is $8.94M as of Sep 2016.