Jewellery brand Araiya by Aza achieves Rs 10 Cr ARR in first year

Araiya by Aza, a next-generation fine jewellery brand, is redefining the contours of modern luxury with its ethically crafted lab-grown diamond jewellery. Positioned at the intersection of innovation, sustainability, and design excellence, Araiya by Aza is rapidly emerging as a high-growth, culturally relevant, and investor-ready business, recording an Annual Run Rate (ARR) of Rs 10 crore in its first year.

Founded by Devangi Nishar Parekh, Araiya by Aza is a deeply personal and visionary brand inspired by her daughter Araiya, shaped by a desire to create something pure, meaningful, and enduring. Rooted in contemporary design and impeccable craftsmanship, Araiya by Aza introduces a new era where fine jewellery is not only exquisite and versatile, but also conscious. Each piece is created to be lived in—worn every day, not just stored away in a locker.

Speaking about the brand, Devangi Nishar Parekh, Founder of Araiya by Azasaid, “Araiya by Aza was born from a desire to create jewellery that reflects the values of today’s consumer—conscious, versatile, and deeply personal. With the highest quality of lab-grown diamonds, we offer uncompromised brilliance while embracing transparency, sustainability, and wearability. Araiya by Aza is not just about adornment; it’s about empowering individuals to actually live in their jewellery every day, with meaning and intention.”

She added, “Since its inception, Araiya by Aza has demonstrated strong early momentum, with 12 shop-in-shops launched and an additional standalone location secured within its first year. The brand is present across India’s most prestigious luxury retail destinations, including Mumbai, Delhi, Hyderabad, Kolkata, and Ahmedabad, solidifying its presence within high-visibility, affluent retail corridors.”

A new paradigm of fine jewellery

With the guiding philosophy of “Modern Luxury, Timeless Brilliance,” Araiya by Aza represents a shift in how luxury is perceived and experienced. Built on cutting-edge lab-grown diamond technology, the brand combines exceptional craftsmanship with ethical sourcing, ensuring brilliance without compromise. Every piece is designed to celebrate individuality, seamlessly transitioning from everyday elegance to statement occasion wear.

Araiya by Aza brings deep expertise in curation, design, and customer experience. With IGI-certified diamonds, BIS-hallmarked gold, and a lifetime exchange and buyback guarantee, the brand is anchored in trust, transparency, and enduring value.

Araiya by Aza’s mission is to democratise fine jewellery through ethical innovation, making high-quality, exquisitely crafted lab-grown diamond jewellery more accessible to the modern consumer. Its vision is to build a globally admired brand that seamlessly blends luxury, sustainability, scale, and cultural relevance.

Signature collections

Araiya by Aza presents a curated portfolio of collections that reflect its design philosophy of modern elegance, emotional resonance, and effortless versatility. From romantic silhouettes and sculptural forms to contemporary expressions of light and movement, each collection is crafted to complement the many facets of today’s wearer.

Whether rooted in symbolism, inspired by nature, or designed for everyday ease, the collections come together to create a cohesive language of refined luxury, where each piece feels personal, wearable, and timeless.

The brand also offers a dedicated line of finely crafted Italian gold pieces, known for their exceptional finish and contemporary appeal.

Expanding its accessibility, Araiya by Aza has recently introduced a 9KT hallmarked collection, designed as lightweight, everyday essentials. These quick, versatile picks have quickly become favourites for daily wear, reflecting the brand’s commitment to making conscious luxury both wearable and inclusive.

Craftsmanship meets innovation

At the heart of Araiya by Aza lies a commitment to excellence. Each piece is handcrafted by master artisans, blending traditional techniques with modern innovation. The brand also offers bespoke jewellery services, enabling customers to create personalised designs that reflect their individuality.

The road ahead for Araiya by Aza is promising. Though the lab-grown diamond category in India still requires education and trust-building, the brand’s early momentum positions it well for the future.

More importantly, it reflects a clarity of vision—one that goes beyond immediate growth metrics. For Devangi, the goal is not just to build a successful business, but to create a brand that resonates. “With a powerful blend of innovation, ethical craftsmanship, and design-led storytelling, the Araiya by Aza is poised to set new benchmarks in the global fine jewellery landscape.”

As it continues to scale across markets and deepen its cultural relevance, Araiya by Aza remains committed to its core promise: delivering jewellery that is as responsible as it is radiant. This clarity may well be its greatest strength.