Fiona Diamonds has secured ₹17.5 crore in a funding round led by Ankur Mittal to expand their presence in India's lab-grown jewellery market.
Amount Raised
₹175 Million
Round Type
Funding Round
MumbaiE CommerceFashionRetailJewelryInvestors
Description
Fiona Diamonds, a Mumbai-based jewellery brand, raised ₹17.5 crore through a recent funding round to grow its operations in the lab-grown diamond sector. Notable investor Ankur Mittal contributed ₹12 crore for an 8% stake. The funding will support brand enhancement, online growth, new stores, and product development. This move aligns Fiona Diamonds with the increasing demand for affordable and stylish jewellery in India.
Quick answer
Fiona Diamonds raised ₹175 Million in a Funding Round round, dated February 8, 2026. Investors: Market By Recur Club, Aarti Gupta, Nitish Mittersain and Ankur Mittal. Fiona Diamonds is based in Mumbai, Maharashtra, India.
- How much did Fiona Diamonds raise?
- Fiona Diamonds raised ₹175 Million in a Funding Round round on February 8, 2026.
- Who invested in Fiona Diamonds?
- Market By Recur Club, Aarti Gupta, Nitish Mittersain and Ankur Mittal are named as investors in this round.
- What does Fiona Diamonds do?
- Fiona Diamonds is an eco-friendly lab-grown diamond brand aiming to become a global leader in ethical luxury jewelry retailing.
- Where is Fiona Diamonds based and how big is it?
- Fiona Diamonds is based in Mumbai, Maharashtra, India. Fundz records about 40 employees.
- Who are the decision-makers at Fiona Diamonds?
- Fundz holds 1 contact at Fiona Diamonds. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in E Commerce and Fashion around the same time
Companies in the same sectors as Fiona Diamonds that raised within 45 days of this round, from Fundz verified event records.
- SecondSense raised $2M (Seed) on March 2, 2026.
- VIAVIA raised $22M on March 13, 2026.
- Quince raised $500M (Series E) on March 11, 2026.
- the Present Tree raised $2.4M (Seed) on March 3, 2026.
- Institchu raised $9.5M (Funding Round) on March 2, 2026.
- Sparqle raised $1.8M (Seed) on February 27, 2026.
Who to call at Fiona Diamonds, and when
A new round usually means Fiona Diamonds is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Fiona Diamonds raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Fiona Diamonds, from your own LinkedIn network
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