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
- SectorsRetailIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website liquid.diamonds
- Social LinkedIn X Instagram
- Total Equity Funding$1.22M (USD)
in 2 rounds
- Latest Funding Round$1.1M (USD), Seed
May 2024
- InvestorsTechstars
& 1 more
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.
Enables competitive bidding for diamond sourcing from suppliers.
Scours markets for best diamond deals continuously.
Inspects and manages diamond deliveries based on client criteria.
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 $1.22M
- Total Rounds 2
- Last Round Seed — $1.1M
- First Round $120,000
(Feb 2019)
- Investors Count 2
All 2 funding rounds of Liquid Diamonds 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 |
|---|---|---|---|---|---|
| May 2024 | $1.1M | Seed | – | – | |
| Feb 2019 | $120,000 | Seed | – | Techstars | – |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
Venture capital fund focused on multiple sectors | – | unpopular.vc | San Francisco, United States |
Investor details for Liquid Diamonds
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Liquid Diamonds
5 people are tracked at Liquid Diamonds (3 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Chetan Gupta | Co-Founder & CTO | Leadership |
Kashyap Mehta | Co-Founder & CEO | Leadership |
Jeff Strang | Head Of Retail Sales | Leadership |
Jai Prakash Ghritlahre | Full Stack Developer | Team |
Manuraj Shukla | Software Engineer | Team |
Complete people profiles for Liquid Diamonds
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Liquid Diamonds
3 dated milestones of Liquid Diamonds across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Liquid Diamonds is founded.
- Funding First funding round of $120K.
- Funding Latest funding round, Seed, of $1.1M.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| theyarnbazaar.com | 2017 | Bengaluru, India | $1.96M | 10 | Yarns are traded via an online B2B marketplace platform. | |
| thedesigncart.com | 2017 | Delhi, India | $15,007 | – | Online B2B marketplace for fashion raw materials is provided. | |
| globaltextilesource.com | 2004 | Bengaluru, India | – | – | Hosts a digital marketplace tailored for the textile industry. | |
| bookmydiamond.com | 2015 | Mumbai, India | $37,027 | – | Diamond manufacturers are connected with retailers via a mobile app. | |
| gemkara.com | 2011 | Gurugram, India | – | – | Operates an online platform offering a wide range of gemstones and jewelry products. | |
| sourceitright.com | 2016 | Ahmedabad, India | – | 5 | Online platform selling Indian fabrics for retail and wholesale. |
Detailed competitors of Liquid Diamonds
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- Full competitor set
- Operating metrics
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- Competitive positioning
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Web traffic of Liquid Diamonds
The website of Liquid Diamonds (liquid.diamonds) receives about 1.1K visits a month.
- Monthly visits1.1K
▼ 6.5% vs previous month
Latest news on Liquid Diamonds
Complete news archive for Liquid Diamonds
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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Similar companies to Liquid Diamonds
10 companies that operate in the same segment as Liquid Diamonds (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.08 B | USD 939.4 M | – | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 | |
Photo editing and sharing apps are developed by Meitu. | 2008 | Xiamen, Fujian, China | USD 525 M | USD 536.99 M | 2,420 | |
Subscription-based jewelry is provided by digital-first brand BlueStone. | 2011 | Bengaluru, Karnataka, India | USD 254.97 M | USD 259.64 M | 3,210 | |
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Pre-owned fashion products are sold via an online marketplace. | 2008 | Vilnius, Lithuania | USD 872.04 M | – | – | |
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 850 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | – | – |
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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 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.