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    Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating. Jagruti Rehabilitation Centre raises ₹28 crore in a Series A round led by Alkemi Growth Capital. Carbelim raises ₹10 crore from the IIT Madras Unicorn Frontier Fund. Viridian Ingni Propulsion raises ₹1.47 crore in a pre-seed round led by Inflection Point Ventures. Venttup raises $3 million in a pre-Series A round led by Rainmatter and Unicorn India Ventures. ISLAND Beauty raises ₹2.58 crore in funding from AJVC and angel investors. Sridhar Vembu warns of painful economic rebalancing as AI reshapes computer-based jobs. GomatiRoots raises ₹1 lakh in funding through YourStory's Shuru Kar initiative. Bijnis rebrands as Zorit and raises nearly ₹27 crore in funding led by Sparrow Capital, with Info Edge, WaterBridge, Better Capital and other investors participating. Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating. Jagruti Rehabilitation Centre raises ₹28 crore in a Series A round led by Alkemi Growth Capital. Carbelim raises ₹10 crore from the IIT Madras Unicorn Frontier Fund. Viridian Ingni Propulsion raises ₹1.47 crore in a pre-seed round led by Inflection Point Ventures. Venttup raises $3 million in a pre-Series A round led by Rainmatter and Unicorn India Ventures. ISLAND Beauty raises ₹2.58 crore in funding from AJVC and angel investors. Sridhar Vembu warns of painful economic rebalancing as AI reshapes computer-based jobs. GomatiRoots raises ₹1 lakh in funding through YourStory's Shuru Kar initiative. Bijnis rebrands as Zorit and raises nearly ₹27 crore in funding led by Sparrow Capital, with Info Edge, WaterBridge, Better Capital and other investors participating.
  • International Gemmological Institute Achieves INR 1265 Mn PAT in Q2 2025

    International Gemmological Institute

    Mumbai: The International Gemmological Institute (IGI), India’s leading independent gem certification authority, has reported a robust financial performance for the quarter ending June 30, 2025.

    International Gemmological Institute achieved a 16% year-on-year growth in revenue, reaching ₹3,009 million, and a remarkable 37% increase in EBITDA, which stood at ₹1,735 million. The EBITDA margin improved to 58%, up from 49% in the same quarter last year.

    Profit after tax (PAT) witnessed a 63% surge to ₹1,265 million in Q2 2025, with PAT margins increasing to 42% from 30% in Q2 2024.

    Also Read: Lab-Grown Diamond Brand Aukera Launches Flagship Stores in Bangalore and Noida

    For the half-year period ending June 2025, the company reported 13% growth in revenue and 23% growth in EBITDA compared to H1 2024, with EBITDA margins rising to 61%.

    International Gemmological Institute: Sustained Demand Across Major Verticals

    The growth is attributed to sustained demand across IGI’s major verticals – natural diamonds, lab-grown diamonds, gemstones, and certified diamond jewelry.

    The company’s innovations such as its proprietary Light Performance Analysis – a scientific approach to evaluating a diamond’s brilliance and optical properties – continue to elevate IGI’s market leadership.

    Also Read: Grant Thornton Bharat Q2 2025 Dealtracker: Investor Shift to Small-Ticket Consumer Deals

    Tehmasp Printer, Managing Director and CEO, stated, “Today’s consumers demand transparency, traceability, and authenticity. At IGI, we go beyond the traditional 4Cs with advanced technology to meet these expectations and ensure informed decision-making.”

    With a 50% market share in India and a global footprint spanning 31 laboratories and 18 gemology schools in 10 countries, IGI remains a critical enabler of quality and trust in the global gemstone and jewelry ecosystem.

    Author

    • Salil Urunkar

      Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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