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Nirav Modi
IndustryJewelry Designing and Manufacturing
Founded2010
FounderNirav Modi
Headquarters
Mumbai, India
Area served
Worldwide
Websitehttp://www.niravmodi.com/

Nirav Modi is a global diamond jewelry house established in 2010 by founder, Mr. Nirav Modi.[1] The company has its headquarters in Mumbai, India.

History

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Mr. Nirav Modi comes from a family of diamantaires and grew up in Antwerp[2]. His interest in art and design began at a young age by visiting various museums in Europe.[3]

After moving to India and training in all aspects of the diamond trading business, in 1999 he founded Firestar (Formerly known as Firestone), a diamond sourcing and trading company. [4]

Inspiration

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In 2008, a close friend asked Nirav Modi to make a pair of earrings. Months into designing and sourcing the right diamonds, he discovered his flare and passion for jewelry that eventually led to the making of the brand. [5]

Awards and Achievements

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  • In 2010, Nirav Modi was the first Indian jeweler to have been featured on the covers of Christie’s and Sotheby’s Catalogues. [6] [7]
  • The Golconda Lotus Necklace [8], featuring a rare 12.29 carat Golconda diamond, pink diamonds and exclusive Ainra® cut diamonds, sold at Christie’s Hong Kong auction in November 2010. [9] [10]
  • The Riviere of Perfection, featuring 36 flawless white diamonds weighing a total of 88.88 carats, was sold at Sotheby’s Hong Kong auction in 2012. [11] [12]
  • Nirav Modi jewels have been worn by Indian and International style icons including Kate Winslet[13], Rosie Huntington-Whiteley, Naomi Watts, Coco Rocha and Aishwariya Rai.

Stores

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In 2014, Mr. Nirav Modi opened his first flagship store at Defence Colony, New Delhi, followed by a store at Kala Ghoda, Mumbai in 2015. Nirav Modi launched globally with boutiques in New York [14] and Hong Kong in 2015, followed by two other boutique launches in Hong Kong in 2016[15].

Innovation and Patented Cuts

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Embrace Collection

Inspired by his young daughter’s stretchy plastic bracelets, the Embrace Collection is crafted to be flexible and stretchable but are in fact made entirely of gold and diamonds, with countless individual pieces interlocking together. The brand is the only Indian jeweller to have 4 globally patented diamond cuts to its credit. [16]

  • Endless Cut®

Diamonds are cut and set without metal prongs forming an unbroken halo of diamonds. [17]

  • Jasmine Cut™

Each diamond is uniquely cut with soft faceting to resemble petals of the Jasmine flower.

  • Ainra® Cut

It replaces metal links with an all-diamond link made of two crescent-shaped diamonds fastened together.

  • Mughal® Cut

A precision technique to create diamond flower petals inspired by the Mughal miniature paintings [18].

References

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  1. ^ Becker, Vivienne (1 July 2016). "High jewellery with millennial attitude". howtospendit.ft.com. Retrieved 7 September 2016.
  2. ^ Bhatia, Gauri (10 June 2016). "Ring of confidence: India's cutting-edge jewelry billionaire". cnbc.com. Retrieved 8 September 2016.
  3. ^ Kaul, Anuradha (1 April 2015). "The Bling Maestro". Millionaire Asia. Retrieved 8 September 2016.
  4. ^ Lall, Pavan (10 January 2015). "Can Nirav Modi win New York?" (PDF). Fortune India. Retrieved 7 September 2016.
  5. ^ Kaul, Anuradha (1 April 2015). "The Bling Maestro" (PDF). Millionaire Asia. Retrieved 8 September 2016.
  6. ^ Sharma, Purinma (23 February 2013). "On the rocks". The Times Of India. Retrieved 7 September 2016.
  7. ^ Newman, Jill (1 September 2015). "Kid rock". Robb Report. Retrieved 6 September 2016.
  8. ^ Karmali, Naazneen (7 March 2013). "Indian Jewelry Designer Is New Billionaire". Forbes. Retrieved 7 September 2016.
  9. ^ Liu, Ming (30 September 2014). "Asian jewellery designers harbour global ambitions". Financial Times. Retrieved 8 September 2016.
  10. ^ "Jewels: The Hong Kong Sale". 29 March 2010. Retrieved 6 September 2016.
  11. ^ Rathore, Vijaya (24 January 2014). "Nirav Modi's Rs 50 cr diamond necklace to be the star of Sotheby's auction". Economic Times. Retrieved 6 September 2016.
  12. ^ "SUPERB DIAMOND NECKLACE". 20 June 2012. Retrieved 6 September 2016.
  13. ^ Barsamian, Edward (28 February 2016). "Kate Winslet on What It's Really Like to Dress for the Oscars". Vogue. Retrieved 7 September 2016.
  14. ^ Dobson, Jim (25 September 2015). "Nirav Modi, India's Billionaire Diamond King Opens New Boutique in New York". Forbes. Retrieved 8 September 2016.
  15. ^ Saini, Mayu (22 September 2015). "Indian Jeweler Nirav Modi Opens New York, Hong Kong Stores". wwd.com. Retrieved 8 September 2016.
  16. ^ Amin, Ruhail (25 July 2016). "Jewellery, Like Art, Has Its Own Language, Says Nirav Modi". businessworld.in. Retrieved 8 September 2016.
  17. ^ Razon, Emile (22 February 2016). "Jewellery-Making Secrets from Mumbai Designer Nirav Modi". hk.asiatatler.com. Retrieved 7 September 2016.
  18. ^ Davidson, Annabel (2 October 2015). "Nirav Modi the Diamond Master". telegraph. Retrieved 8 September 2016.


Category:Jewellery retailers of India Category:Indian billionaires

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