Silver Jewellery Brand GIVA Raises INR 200 Crore In Series B Funding As per the company, this investment will empower GIVA to expand its omnichannel presence with more offline stores

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

GIVA Jewellery, a silver jewellery brand, has raised INR 200 crore in Series B funding round led by Premji Invest to innovate further and expand its product categories and offerings. The round also saw participation from existing investors Aditya Birla Ventures, Alteria Capital and A91 Partners. As per the company, this investment will empower GIVA to expand its omni channel presence with more offline stores and consolidate its position as the go-to platform for minimalistic jewellery and affordable gifting options.

"We are delighted to have Premji Invest, one of the largest and well respected private equity funds, as a long-term partner. We look forward to leveraging Premji Invest's playbook on omnichannel across several consumer brands and retail businesses to strengthen our leadership position and establish our pan India presence," said Ishendra Agarwal, founder and CEO, GIVA.

The company claimed that the platform's user-friendly interface, seamless shopping experience, and focus on customisation have set it apart in an increasingly competitive market. Adding that, currently, GIVA has over 50 stores across top cities in India and plans to expand its presence across India over the next five years.

"Silver jewellery is a $4 billion opportunity in India with the organized market share at less than 7%. GIVA focuses on fine silver jewellery, design offerings and customer-centricity. We are excited to partner with GIVA in its next growth phase and help build a leader in the space with a truly omnichannel play," said Varun Khandelwal, principal-Investments, Premji Invest.

Founded in 2019 by Ishendra Agarwal, Nikita Prasad and Sachin Shetty, GIVA deals with 925 fine silver jewellery and has recently forayed into 14K and 18k gold and lab-grown diamond jewellery.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Growing a Business

The 10 Best Podcasts Every Entrepreneur Should Listen to for Growth, Strategy and Success

Unlock your potential with the 10 must-listen podcasts for entrepreneurs, offering expert insights on growth, strategy and success.

Science & Technology

Want to Make Money With AI? Here Are Easy Steps to Unlock Explosive Profits in 2025

Learn to turn Google AI Studio into a profit-boosting machine with this three-step framework. Train AI to analyze data, uncover sales opportunities and maximize profits.

Side Hustle

'I Was Called Crazy': This 27-Year-Old's Side Hustle Hit $30,000 a Month in Under a Year — Now It's Worth Millions

Changing regulations forced Angel Rodriguez's jet ski rental company to shut down, and the young entrepreneur had to figure out his next move — fast.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Growing a Business

4 Advanced Marketing Tactics for Small Businesses That Actually Work

Small businesses can adopt advanced marketing strategies to stand out and achieve sustainable growth. Techniques like personalization, content clusters and virtual events help build stronger customer connections and deliver real results.

Leadership

Why Work-Life Balance Is Overrated — and What to Pursue Instead

Managing quality, not time, is the secret to thriving personally and professionally.