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Results · Commerce & Consumer Brands

BECO hits ₹12 Cr revenue with expansion plans

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Date
Company
Beco
What it does
Lab-grown diamond jewellery brand
Kind
Results
Founded
2021
Sector
Commerce & Consumer Brands

What they do

BECO sells lab-grown diamond jewellery through flagship stores and digital channels

What happened

The company reported ₹12 Cr year-to-date revenue for FY26 with a ₹20 Cr annual target

Why it matters

Founders plan to expand into three new cities and launch export channels by FY28

The details

  • BECO is a lab-grown diamond jewellery brand founded in 2021.
  • The company achieved ₹9.77 Cr revenue in FY25 showing 66% YoY growth.
  • Year-to-date revenue for FY26 reached ₹12 Cr against a full-year target of ₹20 Cr.
  • Sales distribution includes 70% from flagship stores and 25% from digital channels.
  • The business operates flagship stores in Bengaluru and Vijayawada.
  • Founders aim to reach ₹100 Cr annual recurring revenue within the following year.
  • Expansion plans include entering three new cities and launching redesigned online experiences.
  • The company targets presence in 30 South India cities and export channels by FY28.

The bigger picture

  • The LGD jewellery market is estimated at $395.2 Mn in 2025.
  • The sector is projected to grow to $1.6 Bn by 2035.
  • This represents a 14.8% CAGR indicating strong market potential.
  • BECO maintains a bootstrapped and profitable status without external funding.

About the business

  • BECO positions itself as a value-luxury brand with ethical appeal.
  • Raw materials are sourced from Surat for manufacturing.
  • Production is distributed across Mumbai, Bengaluru, and Coimbatore.
  • The company uses data-driven inventory planning for operations.
  • Real-time sales tracking helps refine design and quality benchmarks.
  • Partnerships with master karigars enable exclusive bespoke designs.
  • Buyback and exchange policies support customer retention strategies.
  • Content marketing via YouTube and Instagram educates consumers on LGDs.

What happens next

  • Expand into three new cities for physical retail presence.
  • Launch a redesigned online experience with ecommerce-exclusive collections.
  • Establish export channels to reach international markets.
  • Target ₹100 Cr annual recurring revenue in the near term.

Founders

  • Sanjana Tripuramallu, Founder

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