Varniya

Chennai, India Founded: 2000 • Age: 26 yrs
Offers certified lab-grown diamond rings and jewelry for online purchase.
Annual revenue $29,042 Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors - Known backers
Products 4 Services tracked
Competitors 6 Brand Intelligence

About Varniya

Varniya is a company based in Chennai (India) founded in 2000 by Varun Vummidi and Divya Chopra. It operates as a D2C and B2C. Varniya offers products and services including Engagement Rings, Solitaire Rings, Earrings, and Men's Rings. Varniya operates in a competitive market with competitors including Avtaara, Emori, Ellixr, House Of Quadri and Syndiora, among others.

  • Headquarter Chennai, India
  • Founders Varun Vummidi, Divya Chopra
  • Sectors
    Consumer
  • Email
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  • Phone
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  • Website
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  • Legal Name Wellmo Services (Opc) Private Limited
  • Date of Incorporation 31 Jul, 2017
  • Jurisdiction Chennai, Tamil Nadu, India
Operational Areas
Consumer → Apparel, Fashion & Lifestyle Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $29.04 K (USD)
    585.28
    as on Mar 31, 2024
  • Net Profit
    -$27.13 K (USD)
    -5059.21
    as on Mar 31, 2024
  • EBITDA
    -$25.67 K (USD)
    -2039.32
    as on Mar 31, 2024
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    Not available
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Products & Services of Varniya

Varniya offers a comprehensive portfolio of products and services, including Engagement Rings, Solitaire Rings, Earrings, and Men's Rings.

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Primary

Rings for engagements featuring lab-grown diamonds and various designs

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Individual diamond rings for fine jewelry wear and gifting

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Diamond studs and hoops for everyday or special occasion use

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Stylish bands designed specifically for men with lab-grown diamonds

Funding Insights of Varniya

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Detailed funding history for Varniya

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Investments & Acquisitions by Varniya

Investments
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Investment portfolio details for Varniya

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Financial Statements - Varniya

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Detailed financials for Varniya

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Varniya Comparisons

Varniya Primary company
Description
Offers certified lab-grown diamond rings and jewelry for onl...
Location
Chennai, India
Founded Year
2000
Annual Revenue
$29.04 K (USD)
Net Profit
-$27.13 K (USD)
EBITDA
-$25.67 K (USD)
Employees
Not available
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Peer comparison for Varniya

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Competitors of Varniya

Varniya 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 Avtaara, Emori, Ellixr, House Of Quadri and Syndiora, among others.

Company Name Domain Founded year HQ Location Description
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Runs a direct-to-consumer brand offering premium precious jewelry.
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Emori is engaged in selling lab-grown diamond jewellery online.
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Multi-category jewelry for women is offered online by Ellixr.
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A direct-to-consumer brand offering lab-grown diamond jewelry.
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Online seller of lab-grown diamond jewelry including rings, necklaces, and earrings.
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Detailed competitors of Varniya

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Latest news on Varniya

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Complete news archive for Varniya

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Frequently Asked Questions about Varniya

Varniya was founded in 2000.

Varniya is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Annual revenue of Varniya is $29.04K as on Mar 31, 2024.

Varniya specializes in selling certified lab-grown diamond jewelry, including engagement rings, earrings, and mens bands. Based in Chennai, India, they continue the Vummidi Jewellers tradition since 1900, focusing on customized, durable products. They serve global customers through an online platform with worldwide shipping and authentication services.

Varniya's top competitors include Ellixr, Avtaara and Emori.

Varniya offers Engagement Rings, Solitaire Rings, Earrings, and Men's Rings.

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