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DiamondXE achieves huge growth

DiamondXE, the distinguished online diamond trading platform founded by a family of seasoned jewellers, gemologists and designers with a collective industry experience of over 75 years, proudly announces substantial growth in key metrics, reinforcing its position as a leading force in the diamond trading sector

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DiamondXE achieves huge growth
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23 Jan 2024 11:08 AM IST

Mumbai, Jan 23: DiamondXE, the distinguished online diamond trading platform founded by a family of seasoned jewellers, gemologists and designers with a collective industry experience of over 75 years, proudly announces substantial growth in key metrics, reinforcing its position as a leading force in the diamond trading sector.

With an impressive user base exceeding 5,000 buyers and dealers, DiamondXE has experienced consistent year-over-year growth since its inception. The platform has surpassed 1 crore in revenue, demonstrating not only its popularity but also its financial success.

The strategic partnerships formed by DiamondXE further underscore its impact on the industry, with over 200 suppliers and a network of 3,000+ jewellers actively engaged with the platform. Notably, DiamondXE has achieved these milestones without external funding, remaining self-funded as it continues to chart its path of success.

Ankit Singh Kimtee, Founder & CEO of DiamondXE, expressed enthusiasm, stating, "Our journey with DiamondXE has been nothing short of extraordinary. The trust and support from our growing user base, coupled with the commitment of our suppliers and jewellers, have propelled us to new heights. Achieving this significant growth while being self-funded speaks volumes about our dedication to sustainable success."

The industry has witnessed a seismic shift with the rise of lab-grown diamonds, presenting challenges like pricing uncertainties and supply issues. Traditional diamond agents, grappling with meeting buyers' demands for easy returns and exchanges, have left customers in a state of confusion. In response to these complexities, DiamondXE has emerged as the ultimate solution provider, revolutionizing the diamond industry through its unwavering commitment to transparency and convenience.

Leveraging the founders' extensive industry experience, DiamondXE offers access to an impressive inventory of over 5,00,000 natural and lab-grown diamonds, certified by esteemed institutions such as GIA, IGI, HRD, and others. The range spans from exquisite fancy-colored diamonds to classic solitaires, ranging from 0.18 carats to 15 carats, providing customers with a diverse array of choices.

The platform is meticulously designed to be user-friendly, enabling suppliers to list their diamonds, and empowering buyers and dealers/jewelers to effortlessly view and select their desired diamonds at the most competitive prices. As part of its commitment to empowering India's diamond industry, DiamondXE is actively spreading awareness about diamond trading platforms through an enlightening series of seminars across multiple cities, in collaboration with the Gems and Jewellery Council of India.Deepali Vijay Jain, Founder & Chairwoman of DiamondXE, added, "DiamondXE was founded on the principles of tradition and dependability. We are proud to see our platform connecting suppliers and buyers seamlessly, transcending geographical boundaries. As we celebrate these milestones, we remain committed to enhancing the diamond trading experience for our users."

DiamondXE envisions universal recognition as the epitome of trust in diamond trading. The platform aims to exceed customer expectations, foster enduring relationships, and expand its horizons by disseminating knowledge and awareness among potential diamond enthusiasts.

As DiamondXE continues to advance, the organization remains committed to revolutionizing diamond trading while upholding the intrinsic values that define its legacy. Each transaction reaffirms DiamondXE's position as a trusted entity within the dynamic realm of diamonds, ensuring quality diamonds remain accessible to all stakeholders.

DiamondXE jewellers gemologists Ankit Singh diamond 
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