Rupesh Jain (Lucira)

Overview

Rupesh Jain is a prominent Indian entrepreneur known for his contributions to the jewelry industry. Initially renowned for founding Candere, an online jewelry platform that garnered considerable attention before being acquired by Kalyan Jewellers, Jain has recently launched Lucira, a lab-grown diamond jewelry brand. Lucira aims to cater to the modern, value-conscious consumer with a focus on design and sustainability. The brand distinguishes itself by offering certified lab-grown diamonds with AI-led customization options, appealing to both ethical and technology-driven consumer bases.

Recent Developments

In 2025, Rupesh Jain is making headlines with several notable developments concerning Lucira:

April 2025: Lucira was officially launched as Jain's new venture into the sustainable luxury market. The brand combines digital-first sales strategies with a focus on ethical diamond sourcing.
April 2025: Jain announced Lucira’s strategy to capitalize on India’s robust diamond manufacturing ecosystem. Plans to expand the online brand into physical flagship stores in key metropolitan areas were also revealed.
June 2025: As part of its expansion strategy, Lucira introduced an exclusive range of diamond cuts designed to maximize light and enhance emotional connection. This was part of the brand's broader goal to redefine the luxury experience.
September 2025: Lucira secured $5.5 million in seed funding in its maiden funding round led by Blume Ventures, with participation from other investors including SiriusOne Capital Fund. The fundraising is intended to support the expansion of Lucira’s offline presence and to bolster its marketing efforts.
September 2025: Lucira announced plans to open additional flagship stores throughout India by the end of FY2026, further establishing its brick-and-mortar and digital presence.

Personal Information

Attribute	Information
Full Name	Rupesh Jain
Born	Unknown
Nationality	Indian
Occupation	Entrepreneur
Known For	Founder of Candere, Founder of Lucira
Net Worth	Unknown
Education	Unknown

Early Life and Education

Details about Rupesh Jain's early life and education are not extensively documented in public sources. As an entrepreneur, he has built on his experiences in the jewelry industry to create influential platforms like Candere and Lucira. His journey reflects a deep understanding of both traditional and modern jewelry markets, utilizing his insights into consumer behavior to innovate within the industry.

Career and Notable Achievements

Rupesh Jain's career trajectory is marked by significant accomplishments:

Founding Candere: Jain founded Candere, a pioneering online jewelry platform that became one of India's leading digital marketplaces for fine jewelry. The success of Candere eventually led to its acquisition by Kalyan Jewellers.
Establishing Lucira (2025): Lucira has been introduced as a design-forward lab-grown diamond jewelry brand. Jain's vision with Lucira is to redefine luxury jewelry by focusing on sustainable, ethically-sourced materials while integrating advanced digital technologies.
Innovations with Lucira: Jain has driven the brand to embrace cutting-edge customizations, such as AI-led design and virtual try-ons, making luxury jewelry more accessible and personalized.

Current Work and Impact

Currently, Rupesh Jain is spearheading Lucira's expansion into both national and global markets. By strategically balancing an online presence with the development of physical flagship stores, Lucira aims to create a holistic luxury shopping experience. Jain’s integration of sustainable practices with digital innovations positions Lucira as a potential leader in the lab-grown diamond market.

Conclusion

Rupesh Jain stands as a testament to innovative entrepreneurship within the jewelry sector. Through his ventures, particularly Lucira, he has challenged traditional norms by integrating sustainability and technology into his brand’s core philosophy. As he continues to broaden Lucira’s reach, Jain’s focus on ethical design and modern luxury could redefine the future of fine jewelry globally. His impact on the industry signals a significant shift toward more responsible and personalized luxury experiences.