Omnichannel fine jewellery brand GIVA has secured Rs 530 crore in a fresh funding round led by growth-stage investment firm Creaegis, with continued support from existing investors Premji Invest, Epiq Capital, and Edelweiss Discovery Fund.
The funding will support the brand’s retail and digital expansion, tech-enabled supply chain upgrades, lab-grown diamond offerings, and entry into new product categories. With a focus on affordable luxury, GIVA is targeting aggressive offline growth in tier II cities across India, as per media reports.
Founded in 2019 by Ishendra Agarwal and Nikita Prasad, the Bengaluru-based brand started with 925 sterling silver jewellery and has since expanded into 14K/18K gold and lab-grown diamonds. Its minimalist designs span pendants, rings, bracelets, necklaces, and chains—appealing to modern, sustainability-conscious consumers.
GIVA currently operates over 240 stores nationwide and plans to open 145–150 more this year, tapping into demand in smaller cities.