
Solitario, a flourishing lab grown diamond brand co-founded by none other than Bollywood heartthrob Vivek Oberoi recently hit a key milestone in its growing presence with the grand opening of its 15th store in Chennai!
Their brand new store is located at the luxury arena called Palladium of the Phoenix Market City Mall. This prime location boasts over 70 high end retailers.
The inauguration was done by renowned Indian actress Priyamani and Ricky Vasandani, the CEO of Solitario, establishing the brand’s commitment to elegance and luxury.
“We are thrilled to unveil our first store in Chennai, a city renowned for its appreciation of luxury and style. It is a big step for us, for this is our 15th India store, and we are committed to making this a great venture. We believe that our new store will play a key role in redefining the luxury jewelry experience for our customers, with the exquisite lab-grown diamonds, offering not only unparalleled beauty but also a sustainable alternative to traditional mining,” said Vasandani.
The Indian lab grown diamond jewelry market was valued at US$ 264.5 million in 2022. Over the next ten years, lab grown diamond jewelry sales will rise at 14.8% CAGR and Solitario clearly aspires at being in the forefront of this industry. Solitario’s stunning lab grown diamonds are capturing the hearts (and wallets) of consumers, as they prioritize authenticity by offering exclusively certified diamonds. They currently run 16 stores across major Indian cities like Pune, Mumbai, and Goa. They also have an international store in Dubai.
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