Every round on record, with the sources behind each and the investors on them.
A Mumbai-based LGD brand
truediamond.inLinkedInMumbai, IndiaConsumerFounded 2024
3 sources
Developing: it holds up against its sources so far, and firms up as more reporting lands.
Titan Capital Winners Fund and Huddle Ventures are named as existing investors providing continued support in this round.
| Round | Amount | Announced | Lead | Buzz |
|---|---|---|---|---|
| Pre-A pre-Series A [ REPORTED LATER ]: This round was announced before Fireround first saw it. It stays in the company's history, not in Latest, Trending, or alerts. | $3.0M Rs 26 crore | 2025-06-04 | India Quotient | No recent discussion |
3 sources [ DEVELOPING ] Developing: it holds up against its sources so far, and firms up as more reporting lands. read against 1 of 3 sources Titan Capital Winners Fund and Huddle Ventures are named as existing investors providing continued support in this round. | ||||
True Diamond makes designer jewellery, especially rings, using lab-grown or natural diamonds for Indian consumers.
True Diamond is betting that sustainability-conscious, value-conscious Indian buyers will choose accessible, contemporary lab-grown diamond jewellery, in a category where the company says customers still care about design, trust and a tactile buying experience. The bet has early traction—more than 5,000 designs, a 1.7x repeat-customer rate, break-even in about six months and sales split evenly between online and offline channels—and the Rs 26 crore pre-Series A is funding an omnichannel expansion.
Checked against 8 sources today
| EARLIER ROUNDS FROM COMPANY RESEARCH · DEVELOPING | ||||
| Seed | $1 million | undated | Titan Capital | |
Also named as backers in company research: Zeropearl Ventures, Ashutosh Valani, Priyank Shah, Aashka Goradia Goble, Ghazal Alagh, Abhishek Goyal, Anmol Jain