Mumbai, India, 22nd August 2023: In the realm of diamonds, renowned for their unparalleled hardness, a precious mineral sought after for its exquisite aesthetics, the year 2021 saw the extraction of an impressive 116 million carats of diamonds from global mines, reaffirming the unwavering demand and significance of this gemstone.
Within the intricate landscape of the diamond industry, characterized by its evolving trends and intricate dynamics, the pursuit of innovative strategies to address challenges and elevate the trading experience has been unceasing.
DiamondXE embodies the age-old adage, “Necessity is the mother of innovation.” This innovative venture, founded by Deepali Vijay Jain and Ankit Singh Kimtee, marks a pivotal juncture in the diamond industry. DiamondXE stands on the cusp of transforming the traditional paradigms of diamond trading through its groundbreaking online platform, tailored for buyers, dealers/jewelers, and suppliers.
The diamond industry has witnessed a profound transformation with the amalgamation of Lab-grown diamonds alongside their Natural counterparts. This evolution has given rise to a series of challenges, particularly concerning transparency in pricing and the intricacies of supply chains. Amid these complexities, DiamondXE steps forward as a solution provider, poised to revolutionize the industry by emphasizing excellence and innovation.
DiamondXE is more than a platform that is free of cost to search, browse and list. It redefines convenience itself. The platform is cost-free for searching, browsing, and listing, fostering a seamless experience for all stakeholders. Suppliers can effortlessly manage and upload their listings, buyers can compare diamond features and prices with a simple click, and dealers/jewelers can access an extensive virtual inventory without hassle. DiamondXE also prioritizes customer support and facilitates easy returns and exchanges.
With a repository of over 5,00,000+ Natural and Lab-grown diamonds, DiamondXE’s website is a digital home to certified gems, including a virtual 360° view through Diamondverse. From timeless solitaires ranging from 0.18 cents to 20 carats to captivating fancy-colored diamonds, the selection caters to diverse preferences.
The user-friendly interface simplifies browsing and purchasing diamonds, ensuring transparent pricing. Innovative AI-driven search and matching mechanisms further enhance the selection process. DiamondXE collaborates with HDFC Bank as its online payments partner to bolster trust and security, minimizing concerns related to fraudulent activities.
The strength of DiamondXE emanates from the founders’ extensive experience of over 60 years in the jewelry and gemology sectors. Deeply rooted in values of trust and tradition, the founders are committed to providing innovative yet reliable solutions with the utmost integrity, transparency, and ethical conduct.
Deepali Vijay Jain, Founder, and Chairwoman of DiamondXE, articulates the company’s intent to become a globally recognized and trusted name in diamond trading. She highlights that DiamondXE’s unified platform goes beyond serving as a transactional space; it embodies a genuine effort to meet diverse customer requirements and surpass their highest expectations.
“We intend to become a globally recognized and trusted name in diamond trading,” expressed Deepali Vijay Jain, Founder and Chairwoman of DiamondXE. “Through a unified platform that streamlines all essential functions, our goal transcends beyond mere service—it’s a passionate endeavor to meet the diverse requirements of our valued customers and exceed their highest expectations.”
“We envision a future where DiamondXE shines as a beacon of transparency and accessibility in the diamond industry,” Deepali emphasized. “Our mission is to usher in an era where every transaction is underlined by trust and every experience is seamlessly convenient, creating a legacy of customer-centric excellence. Through continuous innovation and tireless dedication, we aspire to redefine the standards of diamond trading, leaving an indelible mark that resonates globally”, she added.
“We are thrilled to introduce DiamondXE as the much-needed tech solution in a market that presents numerous challenges to diamond suppliers and buyers,” said Ankit Singh Kimtee, Founder of DiamondXE. “Our platform’s cutting-edge capabilities and focus on customer satisfaction will establish new benchmarks for industry excellence through Artificial Intelligence.”
With a vision to be a beacon of transparency and accessibility in the diamond industry, DiamondXE aims to usher in an era where trust underscores every transaction and convenience characterizes every interaction. The company aspires to redefine the standards of diamond trading, establishing an enduring global legacy of customer-centric excellence. Through constant innovation and unwavering dedication, DiamondXE is poised to leave an indelible mark on the diamond industry, setting new benchmarks for excellence through Artificial Intelligence.
DiamondXE’s forward-thinking digital solutions encompass a Virtual Inventory system, the White Label Solution, and the innovative DXE Price App. These features empower dealers/jewelers and suppliers to navigate the industry’s complexities seamlessly.
As suppliers become integral to DiamondXE’s ecosystem, the platform offers intuitive inventory management, quality control, and logistics features. This let suppliers focus on their core expertise, knowing that DiamondXE handles the intricacies.
The platform’s emphasis on trust, accessibility, and excellence positions it as a pioneer in reshaping the diamond industry for the better.