Laxmi Diamonds

Diamond Jewellery Manufacturinglaxmidiamonds.com

Laxmi Diamonds is a Bengaluru-headquartered, family-owned B2B manufacturer of Indian closed setting diamond jewellery, serving global jewellery retailers and brands via CAD design, 3D rapid prototyping, and AI-assisted workflows across Bengaluru, Mumbai, Hyderabad, and Chennai.

Company typePrivate
Founded2007
HeadquartersBengaluru, India
Headcount1,001–5,000
GTM typeB2B
OfferingHardware or Manufacturing

What Laxmi Diamonds does

Laxmi Diamonds, operating legally as Laxmi Imperial PVT LTD, is a Bengaluru-headquartered B2B manufacturer founded in 2007 that specializes in Indian closed setting diamond jewellery. The company designs, prototypes, and manufactures finished diamond jewellery for jewellery retailers and brands, distributing globally. Its production stack combines CAD-based design, 3D rapid prototyping, and AI-assisted design workflows to convert retailer/brand specifications into manufactured closed setting pieces.

The business is run from a Bengaluru headquarters with branch operations in Mumbai (R&D and manufacturing in partnership with Zenith Chemicals), Hyderabad, and Chennai. Headcount is reported in the 1,001-5,000 range, reflecting the labour-intensive nature of closed setting craftsmanship. The company is family-owned under Chairman & Managing Director Dr. Chetan Kumar Mehta, with no disclosed external institutional or PE capital, and has publicly committed to a Vision 2030 of becoming the world's #1 closed setting diamond jewellery manufacturer.

Its go-to-market combines a B2B wholesale manufacturing model with brand-building initiatives such as 'Coffee with CKM' and an education partnership with the Indian Institute of Gems and Jewellery (IIG). Industry recognition includes 'Stellar Company 2022' and 'Fastest Growing 2025'. Revenue, order book, and customer concentration are not publicly disclosed.

Laxmi Diamonds firmographics

Firmographics

Name: Laxmi Diamonds
Legal name: Laxmi Imperial PVT LTD
Website: https://laxmidiamonds.com
Company type: Private
Founded year: 2007
Operating status: Operating
Headcount range: 1,001–5,000 employees
Short description: Laxmi Diamonds is a Bengaluru-headquartered, family-owned B2B manufacturer of Indian closed setting diamond jewellery, serving global jewellery retailers and brands via CAD design, 3D rapid prototyping, and AI-assisted workflows across Bengaluru, Mumbai, Hyderabad, and Chennai.
Ownership category
akta.pro rank

Laxmi Diamonds industry classification

Industry

Product category: Diamond Jewellery Manufacturing
NAICS: Jewelry and Silverware Manufacturing (339910), Jewelry Retailers (458310)
SIC: Jewelry, Precious Metal (3911), Wholesale-Jewelry, Watches, Precious Stones & Metals (5094)
akta.pro primary industry: Fine Jewelry Manufacturing & Atelier Production (CRAKAAAK)
akta.pro secondary industries: Diamond Jewelry (CRAKAAAA), Made-to-Order Gemstone Sourcing & Custom Cutting Coordination (CRAKAHAF), Fine Jewelry Wholesale & Trading (CRAKAAAL)

Keywords

Diamond jewellery manufacturing
Closed setting jewellery
B2B jewellery production
Custom diamond jewellery
Traditional Indian jewellery

Where Laxmi Diamonds is headquartered

Location

Headquarters

HQ city: Bengaluru
HQ country: India
HQ region: Asia

Offices2 records

Markets served

Laxmi Diamonds business model

Business model

GTM type: B2B
Offering type: Hardware or Manufacturing
Cost components: Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

Diamond Jewellery Manufacturing: One-time purchase model for custom-manufactured closed setting diamond jewellery. The company manufactures jewellery pieces for B2B clients (jewellery retailers and brands) who then sell to end consumers.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Laxmi Diamonds product offering

Product offering

Core offering

Laxmi Diamonds Bengaluru is a B2B manufacturer specializing in Indian traditional closed setting diamond jewellery. The company provides end-to-end manufacturing services spanning design, CAD, 3D rapid prototyping, rubber mould making, waxing, casting, grinding, stone setting, filing/assembly, pre-polishing, polishing, and quality control. Its products are crafted for jewellery retailers and branded jewellery stores who retail the finished pieces.

Product overview

Laxmi Diamonds Bengaluru operates as a single unified jewellery manufacturing company specializing in Indian traditional closed setting diamond jewellery. Founded in 2007 by Dr. Chetan Kumar Mehta, the company offers end-to-end manufacturing services including design using AI-assisted technology, CAD design, 3D rapid prototyping, rubber mould making, waxing, casting, grinding, stone setting, filing/assembly, pre-polishing, polishing, and quality control. The core product is their closed setting diamond jewellery inspired by Indian heritage, flora, fauna, and culture.

Differentiator

Problem solved

Functional benefit

Products and services

Closed Setting Diamond Jewellery

Quantifiable outcome

Award Winning Stellar Company recognized in 2022
+1 more outcomes

Companies that use Laxmi Diamonds

Customer profile

Named customers1 record

Segments2 records

Ideal customer profiles1 record

Laxmi Diamonds technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Laxmi Diamonds partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core and minor.

Zenith Chemicals PVT LTDcoreStrategic or Co-development PartnerLaxmi Diamonds operates its R&D and manufacturing unit in partnership with Zenith Chemicals PVT LTD at their facility in Mumbai's MIDC Andheri East area. The partnership enables the company to leverage specialized manufacturing infrastructure for jewellery production.
IIG South (International Institute of Gemology)minorStrategic or Co-development PartnerLaxmi Diamonds partners with IIG South for education initiatives in the jewellery and gemology industry, supporting knowledge development and training.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Laxmi Diamonds competitors and assessment

Company assessment

Direct peers

Dimexon: India-based manufacturer of polished diamonds and diamond jewellery supplying international retailers. Comparable as a vertically integrated Indian B2B diamond jewellery manufacturer.
Kiran Gems: Among the largest diamond manufacturing and exporting companies globally, based in Surat. Directly comparable as a high-volume Indian diamond manufacturer supplying jewellery retailers worldwide.
Asian Star Company: India-based diamond and diamond jewellery manufacturer with global retail brand supply. Comparable as a B2B-focused diamond jewellery producer targeting similar jewellery retailer and brand customers.
Hari Krishna Exports: One of the world's largest integrated diamond manufacturers and exporters, headquartered in Mumbai. Highly comparable as a large-scale Indian B2B diamond jewellery manufacturer serving global retailers and brands.
Shree Ramkrishna Exports (SRK): Major Indian polished diamond manufacturer and exporter with integrated jewellery operations. Comparable as a vertically integrated B2B diamond jewellery supplier serving global brands.
Dharmanandan Diamonds: Vertically integrated Indian diamond manufacturer with polishing and jewellery manufacturing. Comparable as a B2B diamond jewellery supplier with international retail brand distribution.
Venus Jewels: Mumbai-headquartered manufacturer of high-end diamond and coloured gemstone jewellery. Comparable as a premium, design-led Indian manufacturer serving leading jewellery brands and retailers.

Broad incumbents

Tanishq (Titan Company): India's largest branded jewellery retailer with significant captive manufacturing. Comparable as a broad incumbent in the Indian fine jewellery market with overlapping customer base (Indian jewellery consumers) and in-house manufacturing capability.
Malabar Gold & Diamonds: One of the largest Indian jewellery retail chains with in-house manufacturing and global store footprint. Comparable as a broad incumbent competing for the same Indian heritage/bridal diamond jewellery consumer that Laxmi's retail clients serve.
Rosy Blue: Global diamond and jewellery conglomerate with operations across manufacturing, trading, and retail. Comparable as a broader incumbent operating in the same B2B diamond jewellery manufacturing space across multiple geographies.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Laxmi Diamonds financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Laxmi Diamonds leadership team

Management profile

Number of profiles

Profiles8 records

Laxmi Diamonds funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Laxmi Diamonds M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Laxmi Diamonds

What does Laxmi Diamonds do?

Is Laxmi Diamonds a public or private company?

Laxmi Diamonds is a private company. It is classified as family owned and is currently operating.

When was Laxmi Diamonds founded?

Laxmi Diamonds was founded in 2007. It employs 1,001 to 5,000 people.

Where is Laxmi Diamonds based?

Laxmi Diamonds is headquartered in Bengaluru, India, in the Asia region.

How does Laxmi Diamonds make money?

One revenue line is on record: diamond Jewellery Manufacturing.

Who are Laxmi Diamonds's main competitors?

Direct peers on record are Dimexon, Kiran Gems, Asian Star Company, Hari Krishna Exports, Shree Ramkrishna Exports (SRK), Dharmanandan Diamonds and Venus Jewels. Broad incumbents are Tanishq (Titan Company), Malabar Gold & Diamonds and Rosy Blue.

Does Laxmi Diamonds have an API?

No public API is recorded for Laxmi Diamonds.

What industry is Laxmi Diamonds in?

Laxmi Diamonds's product category is Diamond Jewellery Manufacturing. Its primary akta.pro industry code is CRAKAAAK, Fine Jewelry Manufacturing & Atelier Production, with a secondary code of CRAKAAAA, Diamond Jewelry. Its NAICS code is 339910 and its SIC code is 3911.