Vashi

London, United Kingdom Founded: 2007 • Age: 19 yrs Acquired By Queensmith
Diamond jewelry and engagement rings are retailed online by Vashi.

About Vashi

Vashi is a company based in London (United Kingdom) founded in 2007 was acquired by Queensmith in May 2023.. The company has 98 employees as of December 31, 2020. Vashi offers products and services including Engagement Rings, Wedding Rings, and Diamond Jewellery. Vashi operates in a competitive market with competitors including Monica Vinader, Fenton & Co, D. Louise, The Diamond Store and London DE, among others.

  • Headquarter London, United Kingdom
  • Employees 98 as on 31 Dec, 2020
  • Sectors
    Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Diamond Manufacturers Ltd
  • Date of Incorporation 03 Oct, 2007
  • Jurisdiction BIRMINGHAM
Operational Areas
Retail → Fashion & Retail Innovation
Key Metrics
  • Annual Revenue
    $68.83 M (USD)
    17
    as on Dec 31, 2020
  • Net Profit
    $5.85 M (USD)
    -63
    as on Dec 31, 2020
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    98

    as on Dec 31, 2020

  • Acquired by
    Queensmith

    (May 10, 2023)

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Products & Services of Vashi

Vashi offers a comprehensive portfolio of products and services, including Engagement Rings, Wedding Rings, and Diamond Jewellery. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Bespoke rings with natural or lab-grown diamonds for proposals.

Customized bands for men and women with ethical sourcing.

Earrings and pendants made from certified diamonds.

People of Vashi
Headcount 200-500
Employee Profiles 1
Employee Profiles
People
Vashi Dominguez
Founder, Chairman & CEO

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Teams

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Funding Insights of Vashi

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Vashi

Vashi has secured backing from 1 investor. Prominent investors backing the company include Queensmith. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Vashi

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Vashi

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Vashi Comparisons

Employees
+
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Competitors of Vashi

Vashi 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 Monica Vinader, Fenton & Co, D. Louise, The Diamond Store and London DE, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Affordable luxury jewelry is retailed online with customization options.
domain founded_year HQ Location
Precious jewelry is designed and sold online with customization options.
domain founded_year HQ Location
Internet first brand offering precious jewelry
domain founded_year HQ Location
Offers a direct-to-consumer brand of precious jewelry for men and women.
domain founded_year HQ Location
Internet-first brand offering handmade precious jewelry
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Vashi

Frequently Asked Questions about Vashi

When was Vashi founded?

Vashi was founded in 2007.

Where is Vashi located?

Vashi is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

How many employees does Vashi have?

As of Dec 31, 2020, the latest employee count at Vashi is 98.

What is the annual revenue of Vashi?

Annual revenue of Vashi is $68.83M as on Dec 31, 2020.

What does Vashi do?

Vashi was established in 2007 in London, United Kingdom, as an online retailer in the jewelry sector. Engagement rings, loose diamonds, and fine jewelry are offered through its platform. Customizable diamond pieces are available, with a collection noted for its extensive range. Operations are conducted digitally, serving customers seeking personalized jewelry options.

Who are the top competitors of Vashi?

Vashi's top competitors include Monica Vinader, D. Louise and Theo Fennell.

What products or services does Vashi offer?

Vashi offers Engagement Rings, Wedding Rings, and Diamond Jewellery.

Who are Vashi's investors?

Vashi has 1 investor. Key investors include Queensmith.

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