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Shilpa Shetty named brand ambassador for Limelight Lab Grown Diamonds

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MUMBAI: Limelight Lab Grown Diamonds has launched its new campaign, “Let’s Get Real”, promoting innovation, ethics, and conscious buying. Shilpa Shetty is the brand ambassador and a strategic investor.

“Limelight isn’t just participating in the lab-grown diamond category, we’re building it,” said Limelight Lab Grown Diamonds founder & managing director Pooja Sheth Madhavan. “As a first mover, we carry the responsibility to lead the shift in how lab grown diamonds are perceived. With an aggressive roadmap to open 100 stores by 2026, we’re scaling both reach and relevance. ‘Let’s Get Real’ calls out traditional myths about luxury and offers a compelling promise of diamonds that shine boldly with a purpose. This campaign is more than marketing; it’s a cultural reset.”

Shilpa Shetty, as brand ambassador, supports the campaign focused on mindful luxury. Her business experience and commitment to conscious living align with the brand’s goals.

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“What drew me to Limelight was the honesty of their story,” said Shilpa Shetty. “Lab-grown diamonds are a smart and responsible choice. As someone who values authenticity and mindful choices, investing in Limelight felt natural. With ‘Let’s Get Real’, you can wear something stunning yet meaningful without any compromise. That’s the future of luxury, and I’m proud to help shape it.”

The campaign targets modern Indian women who are value-driven and informed. With sustainability, innovation, and transparency growing in importance, lab-grown diamonds are becoming the preferred choice for many luxury buyers.

“‘Let’s Get Real’ is not a cosmetic line, it’s our core positioning,” said Limelight Lab Grown Diamonds CMO Rupali Shrivastava. “Luxury today is about meaning, not legacy. Our integrated 360° campaign spans TV, digital, print, OOH, multiplex cinema, influencers, and in-store experiences. It’s backed by deep consumer insight showing strong traction for labgrown diamonds among young, independent women across India. This is not meant to sit in lockers or wait for occasions. It’s made to be worn every day, everywhere by women who want their diamonds to reflect their values and lifestyle. We are not just responding to this shift, we’re driving it.” 
 

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Brands

Wipro to acquire Alpha Net client contracts in $70.8 million deal

Move aims to boost AI-led services and expand global client portfolio

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MUMBAI: Wipro Limited has signed a definitive agreement to acquire select customer contracts from Alpha Net Consulting LLC and its subsidiaries, in a deal valued at up to $70.8 million.

The transaction is expected to be completed by June 30, 2026. The acquisition, structured as a business transfer rather than an equity purchase, will give Wipro access to key client contracts, associated workforce and strategic relationships from the Alpha Net Group. The company said the move will strengthen its AI-powered and consulting-led application services capabilities, opening up new growth opportunities.

The consideration will be paid in cash and includes a deferred earnout component linked to performance milestones. No regulatory approvals are required for the transaction, and it does not fall under related party transactions.

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The Alpha Net Group, founded in 2001 and headquartered in Santa Clara, operates across the US, Singapore, India, the UK and the Netherlands, offering enterprise software development, data engineering and managed services. The contracts being acquired generated revenues of $27.9 million in 2023, $34.4 million in 2024 and $37.3 million in 2025.

With this acquisition, Wipro is sharpening its focus on high-value client engagements and AI-led services, signalling a continued push to scale capabilities in a competitive global IT landscape.

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