Dev Labtech Venture Limited is primarily engaged in the manufacturing, marketing, and sourcing of diamonds, including both natural and lab-grown varieties.

Originally established in 1993, the company's focus has significantly evolved towards lab-grown diamonds, leveraging advanced technologies for efficient production.

In 2017, the company installed a solar power generation system, highlighting its commitment to sustainable practices and reducing energy costs.

Dev Labtech recently raised Rs 11.22 crore through a fresh equity issue, potentially to fund further expansion and technological advancements in its operations.