VC Fund Investments
Jewellery brand Giva raises funding from Aditya Birla Ventures, A91 Partners, Sixth Sense
Bangalore-based jewellery brand Giva has raised a Series B funding round led by Aditya Birla Ventures and A91 Partners along with Sixth Sense Ventures. Giva offers a range of silver, gold and oxidised silver jewellery including rings, necklaces, earrings, bracelets and pendants. It initially started selling jewellery through its website and later, ventured into the offline jewellery segment. At present, Giva has three exclusive stores in Bengalur. It has also formed partnerships with retail companies such as Shoppers Stop and Reliance Trends for a nationwide presence. Giva plans to deploy funds for channel expansion and enter new categories in jewellery and also for widening its omnichannel presence.
From the Venture Intelligence PE-VC Deal Database: Between Dec-19 and Jan-22, Giva had raised over USD 17 M from India Quotient, LogX Ventures, RB Investments, Sixth Sense Ventures, A91 Partners, Grand Anicut Angel Fund, and Founder Bank Capital (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.).
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