Hari Krishna Exports Private Limited

What Hari Krishna Exports Private Limited does

Hari Krishna Exports Private Limited is a vertically integrated natural diamond manufacturer and exporter founded in 1992 by Savji Dholakia, headquartered in Mumbai with a 45-acre, 100% solar-powered manufacturing hub in Surat. The company sources rough diamonds directly from De Beers (DTC sight-holder), Rio Tinto, Alrosa, DDC, and other conflict-free mines, processes them through AI-assisted planning (Sarin Planner) and cutting, and distributes certified polished stones to jewellery brands, wholesalers, and retailers across 110+ countries through owned sales offices in New York, Hong Kong, Dubai, Antwerp, and Gaborone. Its operations span the full value chain: HK Exports (core manufacturing and B2B export), HK Designs (diamond and gemstone jewellery manufacturing), Kisna (retail brand with 150+ exclusive outlets and 1,500+ shop-in-shop touchpoints in Indian Tier 2/3 cities), and Heartful Diamonds (ethical-luxury sub-brand).

The company operates a Fair & Fixed Price Policy (since July 2007) with USD-only transactions and a tiered volume Advantage Programme offering up to 3% rebates at US$1M+ purchase levels. Its technology stack combines Everledger, iTraceit, and Tracr blockchain traceability with AI-powered clarity assessment and a 65,000+ stone digital B2B platform (hk.co) featuring 360-degree viewing, smart search, and 24/7 concierge service. HK holds 25 GJEPC export awards in 22 consecutive years, Kimberley Process and RJC CoP certifications, and founder Savji Dholakia's 2022 Padma Shri recognition. Family-owned across the Dholakia family with over 10,000 employees, the company reported turnover exceeding Rs 15,000 crore and is extending into lab-grown diamonds (Dholakia Lab Grown Diamond, Rs 800+ crore raised in May 2026) and precision single-crystal diamonds for defence and semiconductor applications.

Name

Hari Krishna Exports Private Limited

Legal name

Hari Krishna Exports Pvt. Ltd.

Website

https://hk.co

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Hari Krishna Exports is a vertically integrated natural diamond manufacturer and exporter founded in 1992, sourcing rough from De Beers and Rio Tinto, manufacturing certified polished diamonds at a 45-acre Surat facility, and distributing to jewellery brands and wholesalers across 110+ countries via owned global offices and the hk.co B2B platform.

Ownership category

akta.pro rank

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices10 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Loose Diamond Manufacturing & Export: Manufactures and exports certified natural diamonds globally. One-stop solution from polished diamonds to branded jewellery. Ships to 110+ countries with distribution across USA, Hong Kong, UK, Israel, Belgium, UAE.
2. Diamond Jewellery Wholesale: Wholesale distribution of diamond and gemstone jewellery including fancy colour diamonds through H.K. Designs entity. Serves international markets including USA, Hong Kong, UK, Israel, Belgium, UAE.
3. Kisna Retail Jewellery: Retail sale of diamond and gold jewellery through Kisna brand via exclusive brand outlets (150+ EBOs) and 1,500+ shop-in-shop touchpoints across India, targeting Tier 2 and Tier 3 markets.
4. Advantage Programme (Volume Benefits): Volume-based discount programme for B2B customers with tiered slabs from 0.50% (US$50,000-99,999) up to 3.00% (US$1,000,000+) on certified and non-certified diamond purchases. Valid for Mumbai-location goods only.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels5 records

Core offering

Hari Krishna Exports manufactures, certifies, and exports natural polished diamonds and diamond jewellery from a 45-acre solar-powered facility in Surat, India. It operates a vertically integrated supply chain spanning direct rough sourcing (De Beers, Rio Tinto, Alrosa, Burgundy), cutting and polishing, certification (GIA/IGI/HRD/NGTC), wholesale distribution to global jewellery brands, and branded retail through its Kisna chain in India. Sales are executed through an in-house field sales team, the hk.co B2B digital platform, and international offices across the USA, Hong Kong, Dubai, and Antwerp.

Product overview

Hari Krishna Exports Private Limited operates a diversified diamond and jewellery business with four main entities: HK Exports (core diamond manufacturing and exporter), HK Designs (jewellery manufacturing and exporter), Kisna (retail brand), and Heartful Diamonds (ethical luxury sub-brand). The company manages the complete supply chain from rough diamond sourcing through cutting, polishing, certification, and distribution. Its product portfolio includes 65,000+ certified loose diamonds across 9+ shapes, fancy colored diamonds, exclusive premium cuts, and branded diamond jewellery sold through Kisna's 150+ exclusive brand outlets and 1,500+ shop-in-shop touchpoints. The hk.co digital platform provides B2B buyers with 24/7 access to inventory, AI-powered search, and concierge services.

Differentiator

Problem solved

Functional benefit

Brands

• HK Exports: Diamond manufacturing and exporter division handling rough diamond sourcing and polished diamond exports
• HK Designs
• Kisna
• Heartful Diamonds

Products and services

• HK Exports (Hari Krishna Exports) - Diamond Manufacturing and Export Global natural diamond manufacturing and exporting business managing the entire supply chain from rough sourcing (De Beers DTC, Rio Tinto, Alrosa, Burgundy) through precision cutting, GIA/IGI/HRD/NGTC certification, and global wholesale distribution to jewellery brands, wholesalers, and designers across 107-110 countries. Includes 45,000-65,000+ certified stones across 9+ shapes available through the hk.co B2B platform.
• HK Designs - Diamond and Gemstone Jewellery Manufacturing Wholesale diamond and gemstone jewellery design and manufacturing entity creating pieces that blend artistry, innovation, and integrity for international jewellery brands. Operates H. K. Designs Inc. in India (Seepz-Mumbai) and the USA, and distributes through international offices in New York, Hong Kong, Dubai, and Antwerp.
• Kisna Diamond and Gold Jewellery Retail diamond and gold jewellery brand offering rings, earrings, pendants, bangles, and other branded jewellery collections to Indian consumers through 150+ exclusive brand outlets and 1,500+ shop-in-shop touchpoints across 100+ cities, focusing on Tier 2 and Tier 3 markets with online channels.
• Heartful Diamonds - Ethical Luxury Concept Ethical luxury diamond concept representing diamonds sourced with commitment to the 5th 'C' (conscience) - ethical sourcing, fair labour practices, and social responsibility, verified through the Kimberley Process and full blockchain traceability from certified mines.
• hk.co Diamond Buying Platform (Web and Mobile App) Proprietary B2B digital platform and mobile application for diamond sourcing, offering real-time inventory access to 45,000-65,000+ certified diamonds with 360-degree viewing, smart search with AI-powered guidance, 3-click purchase, and 24/7 availability. Available on web, iOS, Android, and Huawei AppGallery.
• HK Concierge Services Premium personalised B2B service for high-value clients offering 24x7 live access to 45,000+ HK inventory, on-call transport arrangements, hospitality services, and a dedicated Client Relationship Executive (CRE) to ensure a seamless and attentive buying experience.
• Fancy Colored Diamonds Distinct product line of rare natural fancy colored diamonds including yellow, pink, blue, and green hues, with notable pieces such as 10+ carat yellow cushion, 12+ carat faint pink round, and 0.5 carat pinkish-purple pear diamonds, with fancy color grading from Fancy Light to Fancy Vivid.
• Desert Diamonds Collection New diamond collection launched at JCK Las Vegas 2026, inspired by De Beers Group's Desert Diamonds concept and presented in pear, cushion, and square emerald shapes. Showcased alongside immersive booth experiences built with approximately 80% recyclable materials.

Quantifiable outcome

• 165+ water bodies rejuvenated, conserving 37+ billion litres of water, benefiting 250,000-300,000+ farmers in Gujarat and Maharashtra
• +5 more outcomes

Named customers13 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability6 records

Feature5 records

Partnerships

21 partnerships are on record, tiered core and minor.

• EverledgercoreTechnology or Integration · 29 June 2022Blockchain-based provenance tracking partnership ensuring every diamond's journey from mine to market is preserved with transparency and verified origin/ownership. Used for the 30-carat diamond provenance project with GIA and Lucara.
• GIA (Gemological Institute of America)coreTechnology or IntegrationDiamond certification and grading partnership. All HK diamonds are graded by GIA, with laser inscriptions and report verification. HK participates in GIA report check programme.
• Kimberley ProcesscoreStrategic or Co-development PartnerConflict-free sourcing certification scheme ensuring all rough diamonds are verified conflict-free. HK guarantees all diamonds comply with Kimberley Process and WDC System of Warranties.
• Responsible Jewellery Council (RJC)coreStrategic or Co-development PartnerRJC membership affirms dedication to highest industry standards in sourcing, human rights, and sustainability. HK is the only Indian company with 10,000+ employees to achieve RJC Certification. Successfully completed RJC COP audit for 2025 cycle.
• Natural Diamond CouncilcoreStrategic or Co-development PartnerPartnership for promoting natural diamonds through storytelling and education, highlighting ethical journey of every gem. HK participates in World Diamond Day and industry-wide natural diamond promotion initiatives.
• World Diamond CouncilcoreStrategic or Co-development PartnerAdvocacy partnership for a diamond industry rooted in ethics and accountability, protecting integrity of the whole supply chain. HK adheres to WDC System of Warranties Declaration.
• United Nations Global CompactcoreStrategic or Co-development PartnerUN Global Compact membership guides HK's business on human rights, labor, environment, and anti-corruption. HK supports all 17 Sustainable Development Goals.
• Burgundy Diamond MinesminorStrategic or Co-development PartnerEthical sourcing partnership for diamonds free from conflict and full of integrity, reflecting transparency, responsibility, and ethical excellence.
• Rio Tinto DiamondscoreStrategic or Co-development PartnerDirect diamond sourcing from Rio Tinto Select mines that balance quality with community respect and environmental stewardship. HK is a key Indian partner for Rio Tinto's ethically mined diamonds.
• De Beers Group (DTC Sight-holder)coreStrategic or Co-development PartnerDTC Sight-holder status — being a sight-holder of De Beers Group signifies trust earned over decades. Every diamond sourced reflects precision, ethics, and history. HK is a De Beers Sight-holder.
• Lucara Diamond CorpminorStrategic or Co-development PartnerResponsible sourcing partnership for rare diamonds. Lucara's legacy of community benefit and transparency allows HK to offer diamonds that are as responsible as they are rare. Joint project on 30-carat diamond provenance.
• 1t.orgminorStrategic or Co-development PartnerTree restoration and ecosystem protection partnership supporting Mission 102030. Quiet but powerful promise of regeneration through every stone purchased.
• CIBJO (World Jewellery Confederation)coreStrategic or Co-development PartnerDr. Gaetano Cavalieri, President of CIBJO, led inauguration of CIBJO Lake at Dudhala village in March 2026, celebrating CIBJO's 100-year milestone. HK hosts global CIBJO delegations and supports CIBJO initiatives.
• Kering Group (Watches & Jewellery)minorStrategic or Co-development PartnerPartnership through Francesca Manfredi, Head of Sustainable Innovation at Kering Group's Watches & Jewellery division, participated in HK factory visit and World Water Day 2026 event.
• Science Based Targets initiative (SBTi)minorStrategic or Co-development PartnerHK commits to measurable, science-based targets to reduce emissions — integrating environmental responsibility into present operations for a brighter future.
• iTraceitcoreTechnology or IntegrationTraceability enrollment and lot coverage system for diamond supply chain tracking, integrated with HK's blockchain traceability infrastructure for enhanced supply chain transparency.
• TracrcoreTechnology or IntegrationBlockchain-based diamond traceability platform for supply chain transparency and origin verification.
• Shree Ramkrishna ExportsminorStrategic or Co-development PartnerFellow Surat-based diamond manufacturer; both companies adapting to US tariff pressures and pivoting toward value-added products. Shree Ramkrishna Exports achieved certified carbon-negative status in 2024.
• YPO (Young Presidents' Organization)minorStrategic or Co-development PartnerYPO connects HK with global leaders focused on sustainable growth and ethical leadership. The wisdom gathered is reflected in the way HK serves clients and crafts diamonds.
• Watch & Jewellery Initiative 2030minorStrategic or Co-development PartnerInitiative bringing together world's leading names in luxury to chart a more sustainable path. HK's artistry evolves with care for people and the planet.
• Narendra Modi (Prime Minister of India)minorOthersPM Modi attended Savji Dholakia's son's wedding; Dholakia publicly credited his 'manifestation' practices. Industry leader advocating for government incentives comparable to Dubai for diamond auction shift to India.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Venus Jewel: Indian diamond manufacturer specializing in certified polished diamonds with similar focus on global jewellery brand customers, GIA/IGI grading, and B2B wholesale distribution.
• Rosy Blue: Belgian-Indian vertically integrated diamond manufacturer and supplier with comparable global footprint, rough sourcing relationships, and B2B diamond distribution operations across New York, Antwerp, Hong Kong, Dubai, and India.
• Dalumi Diamond: Israeli-headquartered major diamond manufacturer and supplier with integrated rough sourcing, cutting, polishing, and global wholesale distribution; directly comparable in scale, customer mix, and product portfolio to HK.
• Kiran Gems: One of the world's largest diamond manufacturing companies based in Surat with a similar manufacturing-and-export business model, serving global jewellery brands and wholesalers across comparable geographies.
• KGK Group: Indian-headquartered diamond and coloured gemstone manufacturer with integrated mining, manufacturing, and retail operations serving global jewellery markets — directly comparable business model and customer base to HK.
• Steinmetz Diamond Group: Global diamond manufacturer with rough-to-polished vertical integration and proprietary diamond brands; competes with HK for the same high-end branded jewellery retailer customers worldwide.
• D. Navinchandra & Co. Mumbai-based De Beers sight-holder and diamond manufacturer-exporter with comparable rough sourcing relationships, polished diamond inventory, and global B2B wholesale operations.
• Shree Ramkrishna Exports (SRK): Fellow Surat-based diamond manufacturer and one of India's largest polished diamond exporters with comparable scale, customer base, and GJEPC award history. SRK is the most direct competitor to HK and is named in HK's own competitive context as adapting together to US tariff pressures.

Broad incumbents

• Tiffany & Co. Global luxury jewellery brand and major diamond buyer; sits downstream of HK in the value chain as a customer of certified polished diamonds, making it a relevant benchmark for end-market demand rather than a direct manufacturing competitor.

Regional players

• Gitanjali Gems: Indian jewellery retail conglomerate operating brands like Gili, Nakshatra, and D'Damas; comparable to Kisna in targeting Indian domestic consumers though focused more on Tier 1 and gold-dominant SKUs than HK's diamond-led Tier 2/3 strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/hkdiamonds
• Facebookfacebook.com/HKDiamonds

Compliance12 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hari Krishna Exports Private Limited