Lucira Jewelry
 | |
| Private | |
| ISIN | 🆔 |
| Industry | Jewellery |
| Founded 📆 | 10 October 2024, Mumbai, Maharashtra, India |
| Founder 👔 | Rupesh Jain |
| Headquarters 🏙️ | , , India |
Area served 🗺️ | India |
| Products 📟 | Diamond jewellery |
| Members | |
Number of employees | |
| 🌐 Website | www.lucirajewelry.com |
| 📇 Address | |
| 📞 telephone | |
Lucira Jewelry is an Indian jewellery company established in October 2024 by Rupesh Jain, who had earlier founded Candere, later acquired by Kalyan Jewellers. The company is headquartered in Mumbai, Maharashtra and specializes in lab-grown diamond jewellery.[1]
History
Rupesh Jain, an engineer from Mumbai with a background in information technology, worked with Ornet Technology and L&T Infotech before entering the jewellery sector. Coming from a family of jewellers, he co-founded Candere in 2013, an online jewellery retailer offering gold, diamond, gemstone, and platinum products.[2]
Candere grew as part of India’s e-commerce jewellery market and was acquired in stages by Kalyan Jewellers, which purchased a majority stake in 2017 and later bought the remaining shares, making it a wholly owned subsidiary.[3]
After leaving Candere, Jain launched Lucira Jewelry on 10 October 2024 as a digital-first lab-grown diamond jewellery brand.[1][4]
Funding
In October 2024, Lucira raised about ₹187 crore from anchor investors to support its operations and growth.[5] The company announced plans to develop a hybrid distribution model, beginning with e-commerce and adding flagship stores in major cities such as Mumbai and Delhi.[1]
Business Model
Lucira operates primarily through its online platform but has announced plans for flagship stores in metro areas.[1] The company focuses on certified lab-grown diamonds and uses technology including AI-based customization, 3D design, and virtual try-on features.[4]
The company has also expressed interest in expanding to international markets, including the Middle East, the United Kingdom, and the United States.[4]
References
- ↑ 1.0 1.1 1.2 1.3 "Candere founder Rupesh Jain launches lab-grown diamond jewellery brand Lucira". ET Retail. 10 October 2024.
- ↑ "Rupesh Jain on Candere's disruptive growth and his next big bet in the jewellery space". Inc42. 2025 (approx.). Check date values in:
|date=(help) - ↑ "Kalyan Jewellers acquires online jewellery company Candere". The Economic Times. 26 April 2017.
- ↑ 4.0 4.1 4.2 "How Rupesh Jain's Lucira Wants To Redefine Luxury With Lab-Grown Diamonds". Inc42. 2025 (approx.). Check date values in:
|date=(help) - ↑ "Candere founder Rupesh Jain launches jewellery brand Lucira". Images Business of Fashion. 12 October 2024.
External links
This article "Lucira Jewlery" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Lucira Jewlery. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
