Jewelbox Accelerates Expansion, Establishing Presence in 6 Major Cities Over the Past 6 Months – Delhi, Gurgaon, Chennai, Kolkata, Guwahati & Bangalore.
Bangalore, 17th February 2025: Jewelbox, a pioneering brand in the lab-grown diamond space, is thrilled to announce the opening of its flagship store in Jayanagar, Bangalore, on February 17, 2025. This expansion follows its successful Chennai launch and strengthens the brand’s presence across key markets such as Delhi, Gurgaon, Chennai, Kolkata, and Guwahati. Over the past six months, Jewelbox has been aggressively expanding its offline footprint, accelerating its retail presence across major cities to cater to the growing demand for sustainable luxury jewelry. The Bangalore store marks a significant milestone in the brand’s ambitious South India growth strategy.
As a leader in ethical and sustainable luxury, Jewelbox is redefining fine jewelry by making lab-grown diamonds accessible and aspirational. The decision to expand in Bangalore was fueled by the city’s growing demand for sustainable luxury and its status as a hub for young professionals with disposable income. With 15% of Jewelbox’s total online orders coming from Bangalore, the city has emerged as a key market, reinforcing the need for a strong offline presence. With an increasing number of consumers embracing eco-conscious choices, Jewelbox is poised to tap into the city’s thriving market.
Vidita Kochar Jain, Co-Founder of Jewelbox, shared, “Bangalore has always been a key market for us, given the overwhelming response to our online store from the city. Our expansion here is a strategic move to meet the growing demand for sustainable, high-quality, and innovative jewelry. With our new Jayanagar store, we aim to bring a seamless offline experience to our consumers, allowing them to explore our designs in person.”
The Jayanagar store is designed to cater to consumers aged 25 to 50, offering a premium selection of lab-grown diamond jewelry that blends luxury with sustainability. The store will serve as a one-stop destination for conscious buyers, providing personalized consultations, exclusive designs, and a commitment to ethical craftsmanship.
With India’s lab-grown diamond market projected to reach USD 797.92 million by 2030 at a CAGR of 14.8%, Jewelbox is leveraging Bangalore’s affluent and eco-conscious consumer base to drive its expansion. The company plans to open three to four more stores in Bangalore by the end of 2025, further strengthening its foothold in South India.
This launch aligns with Jewelbox’s broader omni-channel strategy, which has seen rapid success across online and offline platforms. The Jewelbox store in Jayanagar promises an immersive experience where customers can explore a curated selection of fine jewelry, discover the benefits of lab-grown diamonds, and receive expert styling advice.
