D. Navinchandra Exports

What D. Navinchandra Exports does

D. Navinchandra Exports (operating commercially as DNAVIN and Dianco) is a privately held, multi-generational diamond manufacturing and wholesale business headquartered at the Bharat Diamond Bourse in Mumbai. Founded in 1954 and now in its third generation of Mehta family ownership, the company sources rough diamonds directly from major global mines and processes them through vertically integrated manufacturing facilities in Surat, India, employing over 4,000 skilled artisans across four state-of-the-art manufacturing units. It serves B2B customers — primarily jewelry retailers, wholesalers, traders, and manufacturers — in more than 30 countries, distributing certified (GIA, IGI, HRD) polished diamonds, non-certified polished diamonds, and rough diamonds through six global trading offices (Mumbai, New York, Dubai, Antwerp, Hong Kong, Shanghai).

Name

D. Navinchandra Exports

Legal name

D. Navinchandra Exports Pvt Ltd

Website

https://www.dnavin.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

D. Navinchandra Exports is a Mumbai-headquartered B2B diamond manufacturer and wholesaler serving retailers, wholesalers, traders, and manufacturers globally. It operates vertically integrated manufacturing in Surat with 4,000+ artisans and distributes via six international offices and an online inventory platform.

Ownership category

akta.pro rank

Product category

Wholesale Diamond Manufacturing

NAICS

Merchant Wholesalers, Durable Goods (423)

SIC

Wholesale-Jewelry, Watches, Precious Stones & Metals (5094)

akta.pro primary industry

Polished Diamond Trading & Brokerage (CRAKAJAD)

akta.pro secondary industries

Diamond Cutting & Polishing (Manufacturing) (CRAKAJAA), Rough Diamond Trading & Brokerage (CRAKAJAC)

Keywords

• Wholesale diamond trading
• Certified loose diamonds
• Diamond manufacturing services
• Rough diamond sourcing
• Polished diamond distribution

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Diamond Sales (Certified and Non-Certified): One-time transaction sales of polished diamonds (certified by GIA, IGI, HRD) and non-certified diamonds. Transactions conducted in US Dollars with advance payment required. Price fixed upon order confirmation using Rapaport price list.
2. Rough Diamond Sales: Sourcing and distribution of rough diamonds directly from mines worldwide. Sold to traders and manufacturers.
3. Extra Services: Additional services such as external certifications, special packaging, and custom requirements charged separately.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

D. Navinchandra Exports sources rough diamonds directly from major global mines and transforms them into polished, certified (GIA, IGI, HRD) and non-certified diamonds through in-house manufacturing facilities in Surat, India. The company sells loose wholesale diamonds to retailers, wholesalers, and traders via six global trading offices, an online B2B inventory platform of over 25,000 stones, and native iOS and Android mobile applications.

Product overview

D.Navin operates as a multi-generational B2B diamond sourcing and manufacturing company with a platform-plus-services model. The core offering is the D.Navin Online Diamond Inventory Platform — a web and mobile-accessible B2B portal for browsing, filtering, and purchasing over 25,000 certified and non-certified diamonds. This platform is supplemented by native mobile apps for Android and iOS, and it includes specialized features such as the Match Pair search tool for finding matching diamond pairs. The company's product portfolio spans three main categories: certified diamonds (sub-branded by grading laboratory — GIA, IGI, and HRD), non-certified diamonds, and rough diamonds. Manufacturing is handled entirely in-house at state-of-the-art facilities in Surat, India, employing over 4,000 artisans. Services include special diamond cuts, personal account management, 24/7 support, and global distribution from offices in Mumbai, New York, Dubai, Antwerp, Hong Kong, and Shanghai.

Differentiator

Problem solved

Functional benefit

Products and services

• GIA Certified Diamonds

Quantifiable outcome

• Supply to 30+ countries globally
• +3 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

One partnership is on record.

• Responsible Jewellery Council (RJC)coreStrategic or Co-development PartnerD.Navin adheres to the RJC Code of Practices, ensuring ethical sourcing, human rights, and environmental stewardship. The certification provides transparency and compliance with internationally recognized standards, forming the foundation of their business practices.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Rosy Blue: Rosy Blue is one of the world's largest B2B polished-diamond manufacturers and traders, Indian-origin with global manufacturing and trading offices. Directly comparable to D.Navin in vertically integrated rough sourcing, cutting/polishing, multi-lab certification, and global B2B diamond distribution.
• KGK Group: KGK is a multi-generational Indian-origin gemstone and diamond group operating mining, manufacturing, and global trading offices in Mumbai, Antwerp, Hong Kong, New York, and beyond. Like D.Navin, KGK sources rough, manufactures polished diamonds, and serves B2B jewelry retailers and wholesalers worldwide.
• Diarough (D. Navinchandra's larger Indian peer cohort): Diarough is an India-based B2B diamond manufacturer and trader with global presence offering certified and non-certified polished diamonds. Operates as a comparable vertically integrated sightholder-trader with multiple international trading hubs, mirroring D.Navin's model.
• Shairu Gems Diamonda: Shairu Gems Diamonda is a Surat-based diamond manufacturer with proprietary B2B digital platform and mobile applications for diamond listing and purchase. Compares to D.Navin on the technology-enabled B2B online inventory model serving global jewelry wholesalers.
• Blue Star Diamonds: Blue Star Diamonds is a Mumbai-headquartered B2B diamond manufacturer and trader with global trading offices and an online inventory platform. Direct competitor to D.Navin across polished-diamond sales, certified inventory, and global wholesale distribution.
• Dalumi Diamonds: Dalumi is a global B2B diamond manufacturer and trader with operations in India and major trading hubs, producing certified and non-certified polished diamonds. Comparable to D.Navin in B2B wholesale polished-diamond distribution at scale.

Broad incumbents

• De Beers Group (Anglo American): De Beers is the world's most established diamond mining, sightholder allocation, and B2B trading incumbent, controlling major rough supply through its Diamond Trading Company. It is comparable to D.Navin as the dominant upstream-to-midstream player whose rough allocations feed the global B2B diamond trade including mid-tier manufacturers.
• ALROSA: ALROSA is the world's largest rough diamond miner by volume and a major B2B supplier of rough through long-term contracts and spot sales. It is comparable to D.Navin as an upstream rough-diamond counterparty and global wholesale supplier in the same diamond value chain.

Emerging players

• Petra Diamonds: Petra Diamonds is a mid-tier diamond miner and rough supplier with selective downstream and B2B trading exposure. Comparable to D.Navin as a fellow participant in the global rough-diamond supply ecosystem that mid-tier manufacturers depend on for raw material.

Others

• RapNet (Rapaport Group): RapNet is the leading B2B diamond trading network operated by the Rapaport Group, where D.Navin is a member (ID 71791) and uses the Rapaport price list for transaction pricing. Comparable as the platform infrastructure on which D.Navin and other mid-tier diamond traders list inventory and execute B2B transactions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/dianco.dnavin
• LinkedInlinkedin.com/company/diancodnavin
• Instagraminstagram.com/dianco.dnavin

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 D. Navinchandra Exports