Diamonds have always been a symbol of love, success, and prestige in India. But for decades, they remained expensive, intimidating, and inaccessible to many. In 2004, Fiona Diamonds, founded by brothers Parag Agrawal and Saurabh Agrawal, quietly challenged this tradition. They believed the future of diamonds would be smarter, more transparent, and more affordable—and they were right.
The Founders: Brothers Who Took the Early Risk
- Parag Agrawal, the elder brother, came from a business‑oriented background and understood the jewellery industry’s limitations. He noticed how diamonds were marketed as rare and unattainable, creating barriers for everyday buyers.
- In 2004, he launched Fiona Diamonds with a bold idea: introduce alternatives like moissanite and later lab‑grown diamonds. At the time, the concept was unfamiliar and met with scepticism.
- Soon after, Saurabh Agrawal joined him, bringing execution strength and shared vision. Their bond as brothers gave the brand resilience, allowing them to stay patient while the market slowly caught up.
They weren’t just selling jewellery—they were preparing for the future.
The Turning Point: Customers Began Thinking Differently
For years, Fiona Diamonds operated in a niche space. But gradually, customers started asking practical questions:
- Why are diamonds so expensive?
- Is there a smarter alternative?
- Can luxury also be ethical?
As awareness grew, lab‑grown diamonds gained acceptance. Fiona Diamonds didn’t need to pivot—they had already built their foundation on this belief. What once seemed risky became their biggest strength.
What Makes Fiona Diamonds Different
- Early Believers: They entered the lab‑grown diamond space before it was popular, building trust when the category itself was uncertain.
- Accessibility: They made diamonds feel approachable, removing intimidation and focusing on clarity and comfort.
- Modern Values: By offering better pricing, transparency, and customization, they aligned with the priorities of today’s buyers.
- Simplified Experience: They transformed diamond buying from a pressured, overwhelming process into something natural and enjoyable.
Building Trust in a Sceptical Market
Convincing customers wasn’t easy. Many questioned the authenticity and value of lab‑grown diamonds. But over time, experience changed opinions. Once buyers saw the same brilliance, beauty, and durability—at a better value—trust began to grow.
Today, Fiona Diamonds thrives across retail and online platforms, but more importantly, it has built credibility—something no marketing campaign can replace.
Conclusion
Fiona Diamonds, founded by Parag and Saurabh Agrawal, is more than a jewellery brand. It’s a story of belief, patience, and foresight. They didn’t wait for the market to be ready—they stayed true to their vision until the world caught up.
Now, as lab‑grown diamonds reshape the future of jewellery, Fiona Diamonds stands as one of the earliest believers who saw the shift coming. Their journey proves that sometimes the most impactful brands are the ones that start quietly, stay consistent, and let time validate their vision.




