STARTUP LEGAL30 Sept 2026
Goldiam’s Origem targets ₹600-800 crore in revenue over five years | Company Business News
Goldiam International now targets ₹600-800 crore revenue from Origem, its lab-grown diamond brand, over five years. The 26-store chain reached store-level break-even in August, and its business-to-business (B2B) arm grows 20-25%. Older stores must become profitable before funding new outlets. Natural diamond prices are down 30-40% from 2021 peaks, so jewellers are shifting to lab-grown stones. Five stores open in October.
Key Statutory Highlights
- Goldiam International aims for ₹600-800 crore in revenue from its lab-grown diamond retail brand Origem over the next five years.
- Origem's 26-store network reached store-level break-even in August, with its stores growing sales month on month since April.
- Goldiam's business-to-business (B2B) revenue is growing 20-25%, against about 5% growth in the global diamond industry.
Actionable Advice for Taxpayers / Founders:If you deal in jewellery, review your stock mix and festive-season pricing with your accountant, since lab-grown demand is rising while natural diamond prices stay weak.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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