Jewellery brand GIVA raises $100M from Multiples PE
Bengaluru-based GIVA, founded in 2019, secured $100 million in funding led by Multiples Alternate Asset Management and co-investors. The brand specializes in everyday fine jewellery including silver, gold and lab-grown diamonds, primarily targeting Indian consumers. It operates through over 400 retail stores across India and Sri Lanka plus an omnichannel model including D2C and marketplace partnerships. The capital will fund team expansion, manufacturing capabilities and offline retail growth.
Key points
- GIVA raises $100M in largest new-age jewellery round in India
- Bengaluru startup operates 400+ stores across India and Sri Lanka
- Funds targeted for manufacturing, retail expansion and leadership strengthening
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