menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

D2C jewell...
source image

ISN

3w

read

34

img
dot

Image Credit: ISN

D2C jewellery brand GIVA raises Rs 530 crore in funding led by Creaegis, others

  • GIVA, a D2C fine jewellery brand based in Bengaluru, raises Rs 530 crore in funding led by Creaegis and existing investors like Premji Invest, Epiq Capital, and Edelweiss Discovery Fund.
  • The investment will be used to expand retail presence, enhance technological capabilities, and grow lab-grown diamond jewellery offerings.
  • Founded in 2019, GIVA has transitioned from a silver jewellery brand to offering gold and lab-grown diamond jewellery across 240 stores in India.
  • The company plans to open 145-150 new locations this year, focusing on Tier-II cities, while also leveraging digital channels for customer acquisition.
  • With a focus on aspirational design, quality assurance, and affordability, GIVA targets India's increasing demand for accessible luxury.
  • Aditya Labroo, the COO, has been promoted to co-founder, reflecting the company's growth and evolution.

Read Full Article

like

2 Likes

For uninterrupted reading, download the app