Taqtics | Digitize Operations. Ensure Compliance. Drive Results.

Solitario Lab Grown Diamonds

Solitario’s Journey to 95% Compliance Across 50+ Stores

Solitario Lab Grown Diamonds is a privately held company founded in 2022, operating in the retail luxury goods and jewellery industry. Headquartered in Pune, Maharashtra, the company employs between 201–500 people globally. Solitario’s business model combines directly operated flagship stores and franchise-in-store partnerships, offering sustainable lab-grown diamonds certified by IGI and SGL. As of early 2025, Solitario has established 18 stores across 10 major Indian cities—including Pune, Mumbai, Goa, Chandigarh, Ludhiana, and Hyderabad—and 38 outlets internationally in Dubai, Malaysia, and Spain; it also maintains a state-of-the-art 30,000 sq. ft. manufacturing facility in Surat employing over 300 people
Solitario, founded in 2022 and headquartered in Pune, Maharashtra, had rapidly grown to 18 stores across 10 major Indian cities and 38 international outlets by early 2025. As a pioneer in lab-grown diamond jewellery, Solitario needed a unified, scalable platform to enforce SOP checklists, conduct regular store audits, standardize visual merchandising and grooming, track issues, and manage non-saleable assets across its expanding network. Implementing Taqtics delivered a 25% year-over-year increase in audit coverage, boosted compliance scores from 70% to 95%, reduced issue-resolution times by 87%, and cut non-saleable asset losses by 30% within six months—enabling Solitario to maintain luxury standards while scaling globally.

Challenges Faced

Rapid Geographic Expansion: With success in its inaugural Pune store, Solitario embarked on aggressive domestic and international expansion funded by a $3.6 million pre-IPO round led by Sandeep Singh, Neeraj Gupta, and others. This scaling exposed gaps in operational consistency across multiple regions.

SOP and Store Audits: Prior to Taqtics, SOP checklists were maintained in siloed spreadsheets and PDFs, leading to inconsistent execution and manual consolidation delays. Store managers struggled to ensure uniform compliance with quality and safety protocols.

Visual Merchandising and Grooming: Store displays varied widely between locations, undermining brand coherence. Employee grooming standards lacked a centralized verification process, impacting customer experience during high-profile openings, such as the second Bangalore store launch at Nexus Mall by Co-Founder Vivek Oberoi.

Issue Tracking: Incidents—from display damage to customer-facing glitches—were logged manually, with average resolution times of 48 hours. This slow turnaround risked tarnishing Solitario’s premium reputation during rapid rollout phases.

Non-Saleable Asset Management: High-value display pieces and security tags were tracked via paper logs, resulting in an estimated 15% annual shrinkage. Without real-time visibility, asset losses and misplaced inventory measures hampered financial control.

Solution Given by Taqtics

Digital SOP Checklists: Deployed mobile-optimized, customizable SOP forms to all stores, ensuring real-time compliance reporting.

Automated Store Audits: Scheduled recurring audits with geo-tagged photo evidence; audit coverage increased by 200% within three months.

Visual Merchandising Verification: Added image-based guidelines and checklists; compliance improved from 65% to 90%.

Grooming and Training Assessments: Integrated staff assessment modules with pass/fail criteria, reducing onboarding time from 14 to 5 days.

Issue Management Workflows: Implemented automated ticket generation and escalation paths, cutting average resolution time from 48 to 6 hours.

Non-Saleable Asset Tracking: Introduced QR-coded asset registers, enabling live dashboards and reducing asset losses by 30%.

Unified Communication: Leveraged Taqtics’ in-app chat for instant cross-store coordination and leadership announcements—evident during high-impact events like the Burj Khalifa feature activation.

Results and Outcomes

Monthly Audit Coverage
40% → 120%
0%
Compliance Score
70% → 95%
0%
Issue Resolution Time
48 hrs → 6 hrs
0%
Non-Saleable Asset Loss
15% → 10.5%
0%
Franchise Onboarding Time
14 days → 5 days
0%
VM Compliance
65% → 90%
0%

Want the full Case Study?