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Giva raises ₹150-200 crore at ₹4,200-4,400 crore valuation, expanding into gold and lab-grown diamonds.
Silver jewellery brand Giva is closing a ₹150-200 crore funding round at a valuation of ₹4,200-4,400 crore, led by Premji Invest and Creaegis, with Titan Capital and Kenro Capital participating.
The round includes a secondary component where early investor A91 Partners is reducing its stake, with Kenro leading the sale at a lower valuation of ₹3,800-3,900 crore.
Giva, founded in 2019, is expanding into gold and lab-grown diamond jewellery and is on track to report ₹800-850 crore in revenue for fiscal 2026, a 50-60% increase from the prior year.
The direct-to-consumer jewellery sector is seeing growing investor interest, with several brands raising capital and BlueStone going public in 2024.
Giva recauda ₹ 150-200 crore con una valoración de ₹ 4,200-4,400 crore, expandiéndose hacia el oro y los diamantes cultivados en laboratorio.