Goldiam International Ltd Raises Rs. 202cr via QIP to Fast-Track ORIGEM Growth with 70-90 Stores in 18-24 Months

Goldiam International Ltd., a leading diamond jewellery exporter and an emerging retail disruptor in lab-grown diamonds (LGDs), has successfully raised Rs. 202 cr. through a Qualified Institutional Placement (QIP), with participation from marquee funds. This fundraise will serve as the growth catalyst for ORIGEM, Goldiam’s consumer-facing LGD jewellery brand in India, enabling an accelerated rollout of 70-90 stores across India over the next 18-24 months. ORIGEM has already launched 6 stores in the last 10 months and offers a customer-first experience with ring builders, endless aisle customization tools, and 100% lifetime exchange & lifetime return policies, with all products being certified by third party grading labs. Goldiam’s export business continues to deliver consistent growth, supporting the B2C retail venture, ORIGEM. The company has a strong track record of rewarding shareholders and expects to deliver 15-20% growth in both sales and profitability this year.