Liquid Diamonds

Mumbai, India Founded: 2017 • Age: 9 yrs
Technology-driven diamond sourcing solutions are offered to retailers and wholesalers.
Annual revenue - Latest available
Total funding $1.2M 2 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 7 Brand Intelligence

About Liquid Diamonds

Liquid Diamonds is a company based in Mumbai (India) founded in 2017 by Chetan Gupta and Kashyap Mehta. Liquid Diamonds has raised $1.22 million across 2 funding rounds from investors including Techstars and Unpopular Ventures. Liquid Diamonds offers products and services including Reverse Auction, Data Driven Diamonds, and White Glove Service. Liquid Diamonds operates in a competitive market with competitors including The Yarn Bazaar, The Design Cart, Global Textile Source, Book My Diamond and Gemkara, among others.

  • Headquarter Mumbai, India
  • Founders Chetan Gupta, Kashyap Mehta
  • Sectors
    Retail
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → Fashion & Retail Innovation
Industrial Goods & Manufacturing → Industrial Materials & Resources
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.22 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.1 M (USD), Seed

    May 13, 2024

  • Investors
    Techstars

    & 1 more

  • Employee Count
    Employee Count
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Products & Services of Liquid Diamonds

Liquid Diamonds offers a comprehensive portfolio of products and services, including Reverse Auction, Data Driven Diamonds, and White Glove Service.

Primary

Enables competitive bidding for diamond sourcing from suppliers.

Scours markets for best diamond deals continuously.

Inspects and manages diamond deliveries based on client criteria.

People of Liquid Diamonds

Headcount 1-10
Employee Profiles 5
Employee Profiles
People
Chetan Gupta
CTO
People
Kashyap Mehta
CEO
People
Jeff Strang
Head Of Retail Sales
People
Jai Prakash Ghritlahre
Full Stack Developer

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Funding Insights of Liquid Diamonds

Liquid Diamonds has successfully raised a total of $1.22M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.1 million completed in May 2024. 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
  • Total Rounds 2
  • Last Round Seed — $1.1M
  • First Round

    (03 Feb 2019)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2024 Amount Seed - Liquid Diamonds Valuation

investors

Feb, 2019 Amount Seed - Liquid Diamonds Valuation Techstars

Investors in Liquid Diamonds

Liquid Diamonds has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Techstars and Unpopular Ventures.

All
Venture Fund
Investor Description Founded Year Domain Location
Startups are accelerated globally without sector restrictions through structured programs.
Founded Year Domain Location
Venture capital fund focused on multiple sectors
Founded Year Domain Location

Investments & Acquisitions by Liquid Diamonds

Investments

Financial Statements - Liquid Diamonds

Liquid Diamonds Comparisons

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Competitors of Liquid Diamonds

Liquid 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 The Yarn Bazaar, The Design Cart, Global Textile Source, Book My Diamond and Gemkara, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Yarns are traded via an online B2B marketplace platform.
domain founded_year HQ Location
Online B2B marketplace for fashion raw materials is provided.
domain founded_year HQ Location
Hosts a digital marketplace tailored for the textile industry.
domain founded_year HQ Location
Diamond manufacturers are connected with retailers via a mobile app.
domain founded_year HQ Location
Operates an online platform offering a wide range of gemstones and jewelry products.

Latest news on Liquid Diamonds

Frequently Asked Questions about Liquid Diamonds

Liquid Diamonds was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Liquid Diamonds is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Kashyap Mehta is the current CEO of Liquid Diamonds. They have also founded this company.

Liquid Diamonds is a funded company, having raised a total of $1.22M across 2 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Feb 03, 2019.

Liquid Diamonds was founded in 2017 in Mumbai, India, operating in the diamond procurement sector. A reverse auction platform is provided for retailers to enable supplier bidding and competitive pricing. Wholesalers are supported through a data-driven system for identifying market opportunities and inventory management. Quality control services are included, along with facilitation of delivery and returns, to enhance procurement efficiency.

Liquid Diamonds's top competitors include The Yarn Bazaar, The Design Cart and Book My Diamond.

Liquid Diamonds offers Reverse Auction, Data Driven Diamonds, and White Glove Service.

Liquid Diamonds has 2 investors. Key investors include Techstars, and Unpopular Ventures.

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