Daily News
Solitario opens second Bangalore store at Nexus Mall
The company now boasts a presence in over seven countries and 21 cities
Banglore: Solitario, the leading destination for luxury lab-grown diamonds, has expanded its footprint in Bangalore with the grand opening of its second store at Nexus Mall. The new location was officially inaugurated by Bollywood actor and Solitario Co-Founder Vivek Oberoi, alongside franchise owner Akhil Bansal and CEO Ricky Vasandani, as part of Solitario’s Bling Better Tour.
This opening marks a significant milestone for Solitario as it continues to redefine the diamond retail market by offering eco-conscious consumers an ethical and sustainable alternative to traditional mined diamonds. The brand has made impressive strides in raising awareness about lab-grown diamonds, establishing them as a new luxury category in India.
Co-Founder Vivek Oberoi stated, “Solitario represents the future of luxury—sustainable, ethical, and innovative. With the opening of our second store in Bangalore, we’re not just offering beautiful diamonds but also a new way to experience luxury that resonates with eco-conscious consumers. We hope to replicate this growth across India, truly making Solitario India’s first and final stop for lab-grown diamonds.”
Franchise owner Akhil Bansal noted the growing acceptance of Solitario’s bespoke designs among Bangalore consumers, emphasizing the brand’s alignment with their aspirations. “We readily moved to take advantage of this demand by opening a second store in the city,” he explained. “At Solitario, we are dedicated to crafting a luxury experience that aligns with modern values. With the new store, we are excited to offer ethical luxury while maintaining the highest standards of craftsmanship and design.”
Solitario specializes in lab-grown diamonds, emphasizing sustainability and ethical practices in diamond production. Under Bansal’s leadership, the brand aims to capture a significant market share by appealing to the increasing consumer demand for eco-conscious luxury products.
Since its inception with a single store in Pune last year, Solitario has rapidly emerged as the world’s fastest-growing player in the lab-grown diamond sector, achieving a growth rate of 25% year-over-year, compared to the industry average of 18%. The company now boasts a presence in over seven countries and 21 cities, bringing sustainable luxury to discerning customers globally.
The recent “Bling Better India Tour,” has further solidified the brands reputation as a trailblazer in the diamond industry. With the latest store opening at Nexus Mall, Solitario aims to provide Bangaloreans with unparalleled craftsmanship, bespoke designs, and a luxurious shopping experience that aligns with their ethical values.
This expansion reinforces Solitario’s mission to lead the global conversation on sustainability in luxury, while offering customers timeless pieces that complement their modern lifestyle.
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