GIVA raised more than US$100 million in a funding round led by Multiples Alternate Asset Management and co-investors. The Bengaluru-based fine jewelry brand sells sterling silver, gold, and lab-grown diamond pieces. The fresh capital will support retail expansion, manufacturing, and omnichannel growth.
Funding and investors
Multiples has backed companies including Licious, ACKO, and PVR. GIVA called this the largest investment in India's new-age jewelry market. The company has raised more than US$258 million to date, including a Series C extension of ₹1.1 billion, or about US$12 million, led by HPV CC1 Ltd in February.
Company snapshot
GIVA was founded in 2019 by Ishendra Agarwal. It operates more than 400 stores across India and Sri Lanka. The company said it grew at a compound annual growth rate above 70% in the past three years and ended FY26 with revenue around ₹865 crore.
What GIVA sells
GIVA sells fine jewelry in sterling silver, gold, and lab-grown diamonds. It reaches customers through its own stores, its direct-to-consumer website, and third-party e-commerce and quick-commerce platforms. The brand serves everyday wear and gifting occasions.
GIVA plans to expand its retail network to more than 1,000 outlets in the next three to five years. The capital will also support manufacturing expansion and leadership hiring. It will deepen its offline and omnichannel presence.