# Diamond Manufacturers

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/diamond-manufacturers

- Industry: Retail
- Headquarters: London, UK
- Website: www.vashi.com
- Total disclosed funding: $1.4M
- Latest round: Angel (Feb 29, 2016)
- Investors on record: 1

## About

Based in London, UK, and founded in 2007, Diamond Manufacturers Ltd., trading as Vashi, is a retailer of diamond jewellery. The brand initially started its business online, and in 2016, Vashi opened its first store. In February 2016, the firm raised GBP 1 million in an Angel funding round led by QVentures. As of July 2021, the firm operates seven stores in the UK with a workshop inside every store, delivers products to its clients across the UK, and other foreign countries, and is led by Vashi Dominguez as its CEO.

Vashi mainly designs and creates diamond jewellery including engagement rings, and wedding rings for both men and women, and are mostly made to order. The company also offers other diamond jewellery such as earrings, pendants, necklaces, rings, bracelets and bangles etc, and even creates bespoke pieces as per customer requirements. 
Furthermore, Vashi provides personalized ready-to-wear jewellery to its clients. The company’s online ring builder option allows customers to select the style, setting, metal and diamond needed to create the ring. The firm extends its service by providing both in-store and video consultation for its clients thereby allowing them to get tailormade jewellery. The customers can purchase jewellery through Vashi’s retail stores or its website.

As of 2021, the company intends to expand its reach into the international market.

## Funding rounds

- Angel, Feb 29, 2016, $1.4M — QVentures

## Investors

- QVentures (https://capitalatlas.ai/funds/qventures) — Angel