Keemti targets 88 lab-grown diamond stores by December
Keemti Jewels targets 88 stores from their current 11 by December 2026.
Lab-grown diamond brand Keemti Jewels, founded by Armaan Kothari and backed by the Kothari Group, Nikhil Kamath and Kavin Shah, has opened 11 stores in four months across Mumbai, Pune, Indore, Delhi and Gurgaon. The company says it is targeting 88 stores by December 2026; implying about 77 openings in four months. Keemti manufactures in-house through the Kothari Group, which it says removes intermediary margins. The company did not disclose revenue, funding raised or store-level economics. India's lab-grown diamond segment has been growing as prices fall relative to mined stones.
