GIVA Raises ₹975 Cr Led By Multiples PE, Eyes 160 New Stores In FY27

GIVA, a direct-to-consumer jewellery company based in Bengaluru, secured ₹975 Cr (approximately $103M) in a funding round led by Multiples Alternate Asset Management with participation from existing investors. The capital mix includes primary and secondary investments plus an ESOP buyback benefiting 50-60 employees. The company plans to open 160 new stores in FY27 and strengthen manufacturing operations, targeting profitability by FY28.

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