<ul><li>D2C jewellery brand GIVA has raised INR 255 Cr as part of its extended Series B funding round from Premji Invest, Epiq Capital, and Edelweiss Discover Fund.</li><li>The fundraise will fuel GIVA's expansion plans, strengthening its offline presence across India, growing its lab-grown diamond offerings, and facilitating strategic investor exits.</li><li>GIVA aims to hold its position as the no.1 silver jewellery player, fortify its lab-grown diamond segment, broaden its gold offerings, and consolidate market presence.</li><li>GIVA's revenue crossed INR 100 Cr in FY23, but its net loss also increased due to higher expenditure.</li></ul>

D2C Jewellery Brand GIVA Nets INR 255 Cr To Fuel Its Offline Play

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