GIVA Jewellery, a fine jewellery brand, has closed its extended Series B funding round at ₹255 crore from Premji Invest, Epiq Capital, Edelweiss Discover Fund, and the top management of GIVA. The company raised a total of ₹525 crore in its Series B round, of which ₹255 crore is from secondary transaction. In July 2023, the company had raised ₹270 crore, where ₹200 crore came from a Series B funding round led by Azim Premji’s family office, Premji Invest. “We are impressed by GIVA team’s strong commitment and relentless drive to build a best-in-class shopping experience for fine jewellery customers. We are excited to increase our investment as we partner with GIVA on their growth journey.”, said Kaveesh Chawla, Partner, Premji Invest.
Source: The Hindu October 14, 2024 19:14 UTC