[Funding News] Giva Secures additional INR 255 Cr from Premji Invest, Epiq Capital, Others

The jewelry manufacturer Giva has secured an extended series B funding round, which raised Rs 255 crore and was headed by Premji Invest. New investors that joined the round included Epiq Capital, Edelweiss Discover Fund, and the business’s top management.

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With 35% of the round going towards original investment and 65% toward secondary transactions, A91 Partners and India Quotient could withdraw partially.

With the funding, Giva intends to improve its lab-grown diamond offers and increase its offline presence throughout India.

About Giva Jewellery

Giva Jewellery, a Bengaluru-based jewellery brand founded in 2019 by Ishendra Agarwal, Nikita Prasad, and Sachin Shetty, sells items such bracelets, necklaces, and chains via its website, and other platforms.

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