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Diamond & Platinum Wears

Limelight Lab Grown Diamonds Ltd. Franchise Details

  • Area Req
    400 - 500 Sq.ft
  • Investment Range
    INR 2 Cr - 5 Cr
  • No. Of Franchise Outlets
    Less than 10

Limelight Lab Grown Diamonds Ltd. Products and Services

Started in 2019, Limelight Lab Grown Diamonds Ltd has been India’s leading sustainable diamond luxury brand offering lab-grown CVD diamond-studded jewellery. Headquartered in Mumbai, Limelight has been able to spread its wings in India with a network of over 65+ partners in cities like Hyderabad, Bangalore, Chennai, Kolkata, Delhi, Surat, Mumbai, etc. Backed by the world’s largest lab-grown diamond production unit that boasts of rough diamond production of over 5 million carats each year, we come with the strength of a wide range of jewellery for our customers.

Lately, Limelight Diamonds was announced as the first exclusive CVD diamond jewellery brand from India to achieve an ESG+ certification with a Butterfly Mark, a premium respected trust mark by Positive Luxury, a leading UK based accreditation body. This recognition has been attained for their dedication to highest standards of sustainability best practices across ESG+ i.e., Environment, Social, Governance and Innovation with a Butterfly Mark.

In the recent past, recognised by Commerce Minister Hon. Piyush Goyal ji at India’s largest jewellery trade show in Bangalore, Limelight was shortlisted to understand the potential of lab-grown diamond jewellery in India. Limelight has also been awarded the ET (Economic Times) Business Icon Award 2020 for Technology Leaders in Sustainable Diamond Creation, and strongly advocates sustainable and conscious living that can maintain the diamond legacy yet preserve the planet for a brighter future. As the leading sustainable brand in India, Limelight has been at the forefront for showcasing lab-grown CVD diamond-studded jewellery from India to the world.

Limelight has not only been successful in attracting consumers and the trade but also most recently received great support from several of the Royal Families in India that have been inheritors of some of the most precious diamond jewellery in the past.

Limelight Lab Grown Diamonds Ltd. Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2019

Franchise Commenced On 2022

Franchise Details
Units

Investment INR 2 Cr. - 5 Cr

Franchise/Brand Fee INR 500000

Master / Multi Units

Region Wise

Investment INR 2 Cr. - 5 Cr

Unit Fee INR 500000

Master Fee INR 500000

City Wise

Investment INR 2 Cr. - 5 Cr

Unit/Brand Fee INR 500000

Master/Brand Fee INR 500000

Details

Exclusive territorial rights to a unit franchisee Yes

Anticipated percentage return on investment 40 %

Likely pay back period of capital for a Unit Franchise 2-4 Months

Other investment requirements No

Limelight Lab Grown Diamonds Ltd. Expansion Plans

North

Delhi

South

Karnataka, Tamil Nadu, Telangana

East

West Bengal

West

Maharashtra

Central

- NA -

Union Territories

- NA -

 

Limelight Lab Grown Diamonds Ltd. Franchise Property Requirements

Type of property required for this franchise opportunity Commercial

Floor area requirement 400 - 500 Sq.ft

Preferred location of unit franchise outlet High Street with Good Footfall

Limelight Lab Grown Diamonds Ltd. Franchise Training

Detailed operating manuals for franchisees Yes

Franchisee training location Head Quarter

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

Current IT systems will be included in the franchise Yes

Limelight Lab Grown Diamonds Ltd. Franchise Agreement Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 5 Years

Is the term renewable? Yes

Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.

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