Novaara by DiamondXE Franchise Model
Novaara by DiamondXE offers an exclusive franchise model for entrepreneurs to establish their own lab-grown diamond jewellery store across India. This innovative business opportunity allows franchisees to tap into the growing demand for sustainable and ethically produced jewellery.
With access to 11,000+ lab-grown diamond jewellery designs, franchise owners can provide a diverse collection of stunning and trending pieces, catering to a wide range of customer preferences. The Novaara franchise operates on a Franchisee-Owned, Franchisee-Operated (FOFO) model, ensuring operational independence while benefiting from the trust and support of the DiamondXE brand.
Key highlights of the franchise model include:
By joining Novaara, franchisees step into a lucrative and sustainable jewellery market, offering customers diamonds that are eco-friendly, ethically sourced, and brilliant craftmenship. Partner with Novaara by DiamondXE to revolutionize the jewellery industry and make a lasting mark with sustainable luxury.
Operations Commenced On 2022
Franchise Commenced On 2025
Investment INR 2 Cr. - 5 Cr
Franchise/Brand Fee INR 1000000
Anticipated percentage return on investment 40 %
Likely pay back period of capital for a Unit Franchise 3-5 Years
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Chandigarh
Floor area requirement 500 - 800 Sq.ft
Detailed operating manuals for franchisees Yes
Franchisee training location on site
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 Years
Is the term renewable? Yes
Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.
Business Opportunities
Our Group Sites
Browse By Investment Range
Popular Cities
