2021

Top Entrepreneur in the Jewelry Industry

Entrant Company

Diamondere, Inc.

Category

Entrepreneur - E-Commerce

Client's Name

Anish Godha

Country / Region

United States

Diamondere, Inc. is an online-only, custom fine jewelry brand. Customers can work directly with the designers to customize any jewelry piece, which is then manufactured and shipped directly to their doorstep. Diamondere takes pride in its ability to stay at the forefront of cutting edge technologies and approach problems with revolutionary solutions, often challenging the “traditional” way of doing things.

Recognizing that custom and personalized experiences are the way of the future, Diamondere has aggressively relied on technology such as CAD and 3D Printing to completely rethink the online shopping experience from the ground up. Traditionally, jewelry was produced by a manufacturer, then sold to a wholesaler, then to a retailer, and finally to the end customer. By offering the customer direct access to the designer right away, Diamondere is able to eliminate retail overheads and offer a completely modern and customized experience to the customer at very affordable prices.

Typically, high growth startups are known for unprofitability, however, Diamondere is amongst the select few businesses that has been able to grow 100% YoY over the past 2 years and achieve a Compounded Annual Growth Rate (CAGR) of 45% over the past 5 years. Despite the aggressive growth, Diamondere is one of the few companies that is currently profitable!

Credits

CEO
Anish Godha
 
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