← Monday's stories
Startups

Jewellery brand GIVA raises over $100 million (about ₹975 crore) led by Multiples

The Bengaluru brand plans to grow from 400-plus stores to over 1,000 outlets in three to five years.

accha? daily · · 1 min read
In short
₹975 crabout $103M, led by Multiples PE
  • Round: over $100M (about ₹975 crore)
  • Stores: 400+ today, 1,000+ targeted
  • Silver: about 60% of revenue

The funding

GIVA, the Bengaluru fine-jewellery brand, has raised over $100 million, reported as about ₹975 crore, in a round led by Multiples Alternate Asset Management. Existing investors Epiq Capital and Edelweiss Discovery Fund also took part, and Multiples gets a board seat. A valuation was not disclosed.

The plan

GIVA runs 400-plus stores in India and Sri Lanka and says it will use the money to build its leadership team, expand manufacturing and deepen its offline presence, targeting more than 1,000 outlets in three to five years. Silver is its core, at about 60% of revenue, alongside gold and lab-grown diamond jewellery.

This follows $28 million of debt raised in May 2026 and a ₹110 crore Series C extension in February.

Read the original reporting
YourStory↗Inc42↗

More from Monday

All 33 →
Startups

Zomato's 'Limitless Delivery' lets you order from restaurants up to 40 km away in 7 cities

Zomato's 'Limitless Delivery' lets you order from restaurants up to 40 km away in 7 cities
Brands

Tesla to wind down Cybertruck production in Texas by mid-2027, Musk says

Tesla to wind down Cybertruck production in Texas by mid-2027, Musk says
Startups

Maharashtra FDA suspends food licences of 105 outlets, including Blinkit and Zepto units in Mumbai

Maharashtra FDA suspends food licences of 105 outlets, including Blinkit and Zepto units in Mumbai
AI & Tech

OpenAI reportedly closes $11 billion at a $1.25 trillion valuation, below the $1.4 trillion it first sought

OpenAI reportedly closes $11 billion at a $1.25 trillion valuation, below the $1.4 trillion it first sought
Brands

Mamaearth parent Honasa's Q2 profit jumps 87% to ₹73 crore as revenue grows 36%

Mamaearth parent Honasa's Q2 profit jumps 87% to ₹73 crore as revenue grows 36%
Startups

Angel One overtakes Zerodha as India's No. 2 broker with 69.98 lakh active clients

accha? Now you know.

Get stories like this every morning.

Follow @accha.daily