Debt financing

Silver jewellery chain Giva raises Rs.40-Cr from Alteria Capital

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Venture debt fund Alteria Capital has invested INR 40 crore in Bengaluru-headquartered silver jewellery startup Giva. The startup's collection includes earrings, necklaces, bracelets, and rings, crafted from sterling silver for everyday wear. The company has raised USD 17.5 million till date from investors like A91, Sixth Sense, Aditya Birla Ventures, Anicut, and India Quotient. Giva claims to have more than 50 offline touchpoints across India and expects this number to exceed 200 by the end of 2023.

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