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Founded by Shailesh Javeri, Stargems Group is a vertically integrated diamond and jewelry house with a legacy spanning four decades. Stargems is internationally known for sourcing and polishing of rough diamonds, as well as wholesale and retail of polished diamonds and jewelry. With offices in Antwerp, Dubai, Johannesburg, Hong Kong, and Mumbai, Stargems has a global presence and seeks to further expand its footprint.

As a veteran in the business of trading rough diamonds, Mr. Shailesh Javeri founded Stargems BVBA in 1981. He strongly believes in conducting fair business and thus, ‘Growing Together with Transparency’ became his motto for success.

The family-run venture has achieved various milestones along the way. In 2004, Stargems LLC was formed in Dubai to wholesale diamond jewelry. Stargems transformed the diamond business into art and revolutionized modern jewelry. Today, the company is a premier supplier of rough and polished diamonds. Stargems also supplies Arabic wedding sets to top retail stores across the Middle East.

In 2010, Stargems launched its first luxury retail outlet in The Dubai Mall. Today, its retail vertical offers the finest diamond jewelry in four stores located across Dubai. Stargems has all its jewelry certified by HRD Antwerp, ensuring their customers the finest quality products. In 2011, the group extended its global presence with the establishment of Stargems Hong Kong Ltd. The Group soon realized that the rough diamond trade in Dubai was largely an untapped segment and with exports rising from USD 2.1 billion in 2009 to USD 5.9 billion in 2011, Stargems decided to take advantage of the growing market and established Stargems DMCC in 2012. Stargems DMCC uses its expertise in acquiring rough diamonds from various sources and tenders. They are also one of the leading suppliers of rough diamonds to manufacturers across the world.

Signifying the groups’ progress was also the election of Mr. Shailesh Javeri on the board of Antwerp Diamond World Centre (AWDC) from 2014 to 2018. Stargems’ Managing Director, Bhavesh Javeri is also on the board of the Dubai Diamond Exchange (DDE) and an advisor to the board of Dubai Gold and Jewellery Group.

The volume of polished diamond business in Dubai, Hong Kong and Antwerp was growing substantially and the group felt it was imperative to establish a company to facilitate the purchase of rough and polished diamonds. Thus, in 2013, Stargems Export Pvt Ltd was set up in Mumbai to facilitate the sourcing of polished diamonds. Simultaneously, Stargems PTY Ltd was formed in Johannesburg to facilitate the sourcing of rough diamonds. The group’s wide network of global offices and priority relationship with a wide range of suppliers equips them with the ability to source the highest quality of raw materials.

In 2014, Stargems introduced its pearl jewelry brand KIYOSHI and CHERRY which specializes in coloured gemstones such as ruby, sapphire and emeralds. Both the brands have been registered in the UAE with a vision to introduce them globally in the near future. In 2016, Stargems started its state-of-art manufacturing unit in Johannesburg. The factory is renowned for its level of expertise in manufacturing high-value stones such as the ‘Legacy of the Cullinan Diamond Mine’, a 425-carat rough diamond which was acquired by the group for just under US$15 million.

The company has been organizing and hosting monthly tenders since 2017. This has been possible through its strategic partnership with the Dubai Diamond Exchange (DDE) for the creation of a tender house which hosts diamond tenders and auctions. Together, they seek to strengthen Dubai's position as one of the world’s primary diamond trading centers. This is the only tender house to have its results governed by the Dubai Multi Commodities Centre (DMCC). The process is managed in a highly transparent and efficient manner, combined with professionalism and focused customer care that has in turn led to increased customer loyalty. The tender house also provides structured financing to small and medium-sized manufacturers enabling them to infuse capital into purchasing rough diamonds directly from the source. Stargems has a strong database of diamond manufacturers and an additional layer of customers from the Indian cities of Surat & Bhavnagar. The company also provides event marketing to promote the tenders. Recently Stargems had partnered with Petra Diamonds to buy two special stones from Petra’s Cullinan mine in South Africa. The South African subsidiary of Dubai-based Stargems Group purchased a 342.92-carat, white, type IIa diamond for an upfront payment of $10 million. Additionally Stargems also bought $3.5 million for an 18.30-carat, blue, type IIb diamond.

Stargems will cut and polish both stones in South Africa before putting them up for tender. Petra will receive 50% of any profit from the polished-diamond proceeds minus the manufacturing costs.

Stargems’ online tender and auction platform allows its clients the flexibility to participate in the bidding process from anywhere in the world. This transparent digital system, complete with end-to-end solutions, provides seamless bidder management as well as performance analysis reports. Between 2018 and 2021, the group has organized several tenders and auctions in Dubai and Surat, whereby they sold a substantial amount of rough diamonds. Today, Stargems is a step closer to the source of rough diamonds and a step closer to the end users.