Natural diamond solitaire jewellery brand Divine Solitaires has opened its first round of funding, seeking $10 million to support its next phase of expansion. The Mumbai-based company is targeting 30-35% YoY growth in FY26 and aims to scale into a $250-300 million business over the next 3-4 years.
Founded in 2006 by Jignesh and Shailen Mehta, the brand plans to deploy 60% of the capital towards brand building, with the remainder focused on working capital, technology and team expansion. With presence across 215 stores in 108 cities, Divine Solitaires continues to see strong traction in India’s fast-growing solitaire diamond segment.