Participated · Series C · Feb 2026

Founded in 2019, GIVA began as an affordable jewelry brand and has expanded its portfolio to include gold jewelry and lab-grown diamonds. It operates around 210 physical stores across 25 cities in India alongside its website and app, growing through a franchise-led model and targeting more than 300 outlets by FY26. The company has raised over $158 million to date, including a recent Series C extension led by HPV CC1 Ltd. For the fiscal year ending March 2025, GIVA reported operating revenue of Rs 518 crore, an 89% year-on-year increase, while its losses rose 22% to Rs 72 crore. GIVA competes with both large organized jewellery players and newer lab-grown and direct-to-consumer brands in India. The firm is using external capital (equity and debt historically, and this new debt round) to fund store expansion and working capital needs.