Lab-grown diamond jewellery brand Solitario Diamonds has partnered with Arihant Group to strengthen its national retail presence. With this collaboration, Arihant Group becomes Solitario’s largest franchise partner as the brand continues its expansion journey.
As part of the agreement, Arihant Group will open 10 new Solitario franchise outlets across key metropolitan and Tier-1 cities such as Pune, Mumbai, Delhi, Indore, Kanpur, Kolkata, and Ghaziabad. Additionally, a dedicated shop-in-shop will be launched at Broadway, Delhi.
The partnership supports Solitario’s goal of making ethical, sustainable, and high-quality diamond jewellery more accessible. Arihant Group’s strong retail network and experience in managing over 40 franchise outlets will help accelerate this growth.
“Arihant Group’s stronghold in retail and operational depth makes them a natural fit as our largest franchise partner. This collaboration enables us to fast-track our retail presence across key Indian cities while staying true to our core i.e., delivering exceptional quality, transparency, and ethical luxury,” commented Ricky Vasandani, CEO & Founder at Solitario.
Vipul Bafna, Managing Director at Arihant Group added, “Solitario brings clarity, credibility, and a distinct positioning to the lab-grown diamond category. Their focus on quality and customer trust aligns well with our retail philosophy. As consumer demand shifts toward conscious choices, we see strong potential in bringing Solitario’s offerings to newer markets and elevating the jewellery retail experience with our pan-India network.”
Founded in 2022 by Ricky Vasandani and Vivek Oberoi, Solitario Diamonds is present in India and six global markets, including Dubai, Malaysia, and Spain. Arihant Group is a leading retail conglomerate known for managing a wide portfolio of franchise brands across the country.
