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Jewellery Business Equity Stake For Sale in Mumbai, India

Profitable design-led D2C jewellery brand with ₹22+ Cr revenue, 450,000+ orders, and strong scale-up momentum.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 184 thousand
Run Rate Sales USD 264 thousand
EBITDA Margin 18 %
Industries Jewellery + 1 more
Locations  Mumbai
Local Time 9:38 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 314 thousand for 25.0% stake (Native Currency: INR 30,000,000)
Reason: The business is raising ₹3 Cr for ~20–25% equity to accelerate growth from an established and profit... View More
Includes physical assets worth USD 84 thousand
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Business Overview
• Profitable design-led D2C jewellery brand with ₹22+ Cr cumulative revenue and 450,000+ orders fulfilled across marketplaces and owned channels.

• Recent months show 70–115% YoY growth with improving AOV and margins, creating a clear scale-up opportunity.

• ₹22+ Cr cumulative revenue generated over a 10+ year operating track record.

• Profitable operations with EBITDA margins of ~18–22% and high gross margins (75–90% category-level).

• D2C contribution scaled from ~0% to 30–45% of sales within 8 months, improving margins, customer ownership, and long-term scalability.

• Multi-channel revenue model combining Amazon & Flipkart scale with a rapidly growing owned D2C channel delivering higher AOV and margins.

• Website channel consistently delivers higher AOV and stronger margins versus marketplaces, improving overall revenue quality.

• 450,000+ fulfilled orders validating strong product-market fit and operational execution capability.

• Repeat customer base of ~12–15%, with scope for further growth through D2C expansion and customer retention initiatives.

• Founder-led design curation and SKU selection built using insights from 450,000+ fulfilled orders, improving conversion and repeat customer behaviour.

• Data-driven merchandising strategy focused on high-performing, fast-moving SKUs ensuring efficient inventory utilisation and working capital efficiency.

• Integrated execution across sourcing, inventory, merchandising, marketplaces, and D2C operations creates strong operational control and scalability.

• Established presence and consistent performance across major marketplaces including Amazon and Flipkart.

• 1M+ social media audience and 10+ year operational website supporting brand visibility and repeat demand.

• Strong supplier ecosystem and sourcing advantage from Mumbai’s fashion jewellery manufacturing ecosystem.

• Rapidly growing D2C mix reducing platform dependency while strengthening customer lifetime value and brand equity.

• Capital-efficient, inventory-led business model where investments in inventory and marketing directly translate into revenue growth.

• Bootstrapped and 100% promoter-owned business demonstrating disciplined execution and capital efficiency.

• Experienced founding team with 10+ years of hands-on execution experience across product, sourcing, digital commerce, and operations.

• Operating in a large and fragmented category with strong demand across price segments, enabling long-term scope for brand-led differentiation and scale.
Products & Services Overview
• Our top-selling products are fashion jewellery pieces designed for everyday wear and occasions, including necklace sets, earrings, bangles, and curated ethnic collections.

• The highest traction comes from ready-to-wear necklace sets and earrings, which are driven by strong visual appeal, gifting demand, and high conversion rates on marketplaces. These products are typically lightweight, trend-driven, and priced to enable repeat purchases.

• Our primary customers are women aged 20–45, purchasing for weddings, festive occasions, office wear, and daily fashion use. A significant portion of demand is driven by occasion-based buying (weddings, festivals, gifting), as well as impulse purchases influenced by design, pricing, and visibility on marketplaces.

• Sales are generated through a multi-channel model:

• Marketplaces (Amazon, Flipkart): Drive discovery, volume, and new customer acquisition.
D2C website: Drives higher AOV, better margins, and repeat purchases.

• Customers typically discover products via marketplace search, ads, or social media, and purchase based on design appeal, pricing, and reviews. Over time, repeat customers increasingly transact through the D2C channel, contributing to higher lifetime value and improved unit economics.

• The business is supported by a data-driven product strategy, where inventory expansion is focused on proven, fast-moving SKUs, ensuring high sell-through and efficient working capital utilisation.
Assets Overview
Tangible Assets.

• Inventory of finished goods across multiple jewellery and fashion accessory categories.

• Office infrastructure, storage systems, workstations, and operational equipment supporting daily business operations.

• In-house studio setup for product photography, digital content creation, and catalogue management.

• IT systems, computers, and operational infrastructure supporting D2C and marketplace operations.

Intangible Assets.

• Established design-led D2C jewellery brand with 10+ years of operating history and market presence.

• 1M+ social media audience and accumulated customer engagement built across digital platforms.

• Fully operational e-commerce website with 10+ years of historical operational, customer, and sales data.

• Marketplace seller accounts across Amazon and Flipkart with established ratings, reviews, performance history, and platform credibility.

• Curated product catalogue, proprietary SKU selection insights, and accumulated merchandising intelligence developed over years of operations.

• Strong supplier ecosystem and sourcing relationships within the Mumbai fashion jewellery manufacturing network.

• Operational expertise across D2C growth, marketplace optimisation, inventory planning, merchandising, and digital marketing.

• Customer data, repeat purchase behaviour insights, and business analytics supporting product and marketing decisions.

• Trademarked brand names, digital brand assets, and associated intellectual property.

• Established digital assets including website authority, social media presence, marketplace visibility, and customer acquisition infrastructure.
Facilities Overview
• The business operates from a ~1,200 sq. ft. fully equipped, two-level office facility on a long-term lease in Kandivali East, Mumbai.

• The facility supports core functions including operations, inventory management, fulfilment coordination, digital commerce operations, and in-house product photography/content creation.

• Fully networked operational infrastructure supports efficient coordination across marketplaces, D2C channels, inventory, and vendor management.

• The location provides efficient access to Mumbai’s jewellery sourcing and manufacturing ecosystem, supporting supply chain responsiveness and operational efficiency.
Capitalization Overview
• The business has been entirely bootstrapped and funded by the promoters since inception, with no institutional or external equity investment to date.

• The company is currently 100% promoter-owned, with the founding team holding full equity ownership.

• There are no external financial investors or institutional shareholders.

• Existing debt levels are limited and primarily short-term working capital in nature, with no material long-term liabilities.

• The business has been built with a capital-efficient operating approach focused on disciplined inventory and cash flow management.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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