ONYA

Bengaluru, India Founded: 2024 • Age: 2 yrs
Offers lab-grown diamond jewellery designs via e-commerce and stores for consumers.

About ONYA

ONYA is a Consumer company based in Bengaluru (India) founded in 2024. It offers lab-grown diamond jewellery designs via e-commerce and stores for consumers. It operates on a D2C and B2C model. ONYA has raised $16.18 million across 4 funding rounds from investors including Zeropearl and Stride Ventures. Its Indian entity Mahiva Technologies Private Limited reported revenue of β‚Ή1.18 Cr. ONYA offers products and services including Rings, Earrings, Necklace, Pendants, and Bracelets. Its focus areas include Jewellery Tech, Sustainable Products, Eco-Friendly Designs and Jewellery. Its competitors include Jewelbox, Fiona Diamond and Svaraa; 2 of its 3 listed competitors have raised funding.

Company details

ONYA specializes in creating sustainable lab-grown diamond jewellery, blending luxury with ethical practices. They offer customized designs and a variety of products like rings, earrings, and necklaces through their online platform and physical stores in Bangalore, India. The company ensures high-quality, certified diamonds and provides services such as exchanges and buybacks, catering to individual buyers seeking elegant, eco-friendly options.

Key Metrics
  • Annual Revenue
    ₹1.18 Cr

    FY 2025

  • Net Profit
    ₹13.7 Lakh

    FY 2025 · 12% margin

  • EBITDA
    ₹22.4 Lakh

    FY 2025 · 19% margin

  • Total Equity Funding
    $16.18M (USD)

    in 4 rounds

  • Latest Funding Round
    $14.26M (USD), Series A

    Sep 2026

  • Investors
    Zeropearl

    & 1 more

Products & Services of ONYA

ONYA offers a comprehensive portfolio of products and services, including Rings, Earrings, Necklace, Pendants, and Bracelets.

Rings
Jewellery

Elegant lab-grown diamond rings for daily and special wear.

Earrings
Jewellery

Stylish diamond earrings designed for versatile occasions.

Necklace
Jewellery

Dazzling necklaces featuring lab-grown diamonds for elegance.

Pendants
Jewellery

Graceful pendants made from sustainable diamond materials.

Bracelets
Jewellery

Exquisite bracelets with lab-grown diamonds for wrist adornment.

Funding Insights of ONYA

ONYA has successfully raised a total of $16.18M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $14.26 million completed in September 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.

  • Total Funding $16.18M
  • Total Rounds 4
  • Last Round Series A β€” $14.26M
  • First Round $616,836

    (Nov 2025)

  • Investors Count 2

All 4 funding rounds of ONYA with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2026$14.26MSeries A––
–
Sep 2026$1.31MSeed––
Dec 2025Seed–Stride Ventures
–
Nov 2025$616,836Seed–Zeropearl
–
Valuation history

2 investors in total: 2 institutional.

Investors in ONYA

ONYA has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Zeropearl and Stride Ventures.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Venture capital fund providing investments and support to early-stage startups in D2C, B2C, and GenAI/SaaS sectors.
zeropearl.vc
strideventures.global
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Investor details for ONYA

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Board of directors of Mahiva Technologies Private Limited (ONYA)

Mahiva Technologies Private Limited is the primary company behind ONYA. The board of Mahiva Technologies Private Limited currently have 2 directors; the longest-serving is Himani Yadav, appointed in 2024.

DirectorDesignationAppointedTenureEntity
Himani Yadav
DIN 10792111
Director28 Sep 20242 yrsMahiva Technologies Private Limited
Gaurav Choudhary
DIN 10792110
Director28 Sep 20242 yrsMahiva Technologies Private Limited

People of ONYA

2 people are tracked at ONYA (2 in leadership).

NameRoleGroup
Co-founder & COOLeadership
Founder & CEOLeadership
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Financials of ONYA

Figures of Mahiva Technologies Private Limited, the primary company behind ONYA, for FY 2025. Revenue was ₹1.18 Cr. Net profit was ₹13.7 Lakh (12% margin). EBITDA was ₹22.4 Lakh (19% margin).

  • ₹1.18 CrRevenue · FY 2025
  • ₹13.7 LakhNet profit · 12% margin
  • ₹22.4 LakhEBITDA · 19% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Mahiva Technologies Private Limited are on its company page.

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Detailed financial statements for ONYA

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Timeline of ONYA

3 dated milestones of ONYA across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded ONYA is founded.
  2. Funding First funding round of $617K.
  3. Funding Latest funding round, Series A, of $14.3M.

Competitors of ONYA

ONYA has 3 listed competitors in our database, 2 of them funded. They include Jewelbox, Fiona Diamond and Svaraa.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
jewelbox.co.in2022Kolkata, India$3.86M126
Lab-grown diamond jewellery is provided via an online platform.
fionadiamonds.com2004Mumbai, India$1.1M12
Lab-grown and natural diamond jewelry is retailed by Fiona Diamond.
svaraa.com2019Surat, India9
Produces high-quality lab-grown diamond jewelry products.
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Detailed competitors of ONYA

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Top companies in Fashion & Lifestyle Products

3 companies that operate in the same segment as ONYA (Fashion & Lifestyle Products) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Eyewear is offered online for men, women, and kids.
2010Gurugram, Haryana, IndiaUSD 1.04 BUSD 939.4 M18,984
Jewellery is retailed via stores and an online platform.
1993Thrissur, Kerala, IndiaUSD 3.81 B12,530
Fine jewelry brand
1994Bengaluru, Karnataka, IndiaUSD 6.03 B7,331
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Related news about Onya

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Articles about ONYA on our blog

Frequently Asked Questions about ONYA

ONYA was founded in 2024 and raised its 1st funding round 1 year after it was founded.

ONYA is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

ONYA is a funded company, having raised a total of $16.18M across 4 funding rounds to date. The company's 1st funding round was a Seed of $616.84K, raised on Nov 2025.

The primary company behind ONYA, Mahiva Technologies Private Limited, reported revenue of β‚Ή1.18 Cr for FY 2025.

ONYA specializes in creating sustainable lab-grown diamond jewellery, blending luxury with ethical practices. They offer customized designs and a variety of products like rings, earrings, and necklaces through their online platform and physical stores in Bangalore, India. The company ensures high-quality, certified diamonds and provides services such as exchanges and buybacks, catering to individual buyers seeking elegant, eco-friendly options.

ONYA's top competitors include Jewelbox, Fiona Diamond and Svaraa.

ONYA offers Rings, Earrings, Necklace, Pendants, and Bracelets.

ONYA has 2 investors. Key investors include Zeropearl, and Stride Ventures.

ONYA operates through Mahiva Technologies Private Limited.

The legal entities of ONYA currently have 2 directors, including Himani Yadav, Gaurav Choudhary.

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