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Trusted by
Acquiring Company
Sky Gold And Diamonds Limited
Acquired Company
Purvi Gems & Jewellery (India) Private Limited
MumbaiIndiaManufacturingFashionPrecious MetalsJewelryManufacturingFashionJewelryDescription
Sky Gold & Diamonds has acquired 100% equity shares of Purvi Gems for ₹9 crore, finalizing the deal on October 7, 2026. This acquisition enhances Sky Gold's product diversification in the lightweight uncut and precia jewelry segment. The move is expected to boost revenue significantly, with Purvi Gems projected to generate over ₹1,600-1,800 crore annually within two to three years. Management continuity from Purvi Gems ensures smooth operational integration.
Fundz sees it the moment Sky Gold And Diamonds Limited makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Purvi Gems & Jewellery (India) Private Limited?
Purvi Gems & Jewellery (India) Private Limited was acquired by Sky Gold And Diamonds Limited, based in Mumbai. The deal was reported on October 7, 2026. Sky Gold And Diamonds Limited is a leading B2B jewellery manufacturer specializing in gold and diamond products. The company focuses on strategic growth and operational efficiencies. Sky Gold And Diamonds Limited is privately held and operates in Manufacturing.
When did Sky Gold And Diamonds Limited acquire Purvi Gems & Jewellery (India) Private Limited?
Sky Gold And Diamonds Limited's acquisition of Purvi Gems & Jewellery (India) Private Limited was reported on October 7, 2026. Sky Gold & Diamonds has acquired 100% equity shares of Purvi Gems for ₹9 crore, finalizing the deal on October 7, 2026. This acquisition enhances Sky Gold's product diversification in the lightweight uncut and precia jewelry segment. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Purvi Gems & Jewellery (India) Private Limited do?
Purvi Gems specializes in lightweight and studded jewelry. It has a strong foothold in the South Indian market and also targets export opportunities, particularly in the Middle East. It is privately held, operating in Manufacturing, and is based in India.
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