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Funding · Commerce & Consumer Brands

Giva raises $10 million in Series A funding

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Date
Company
GIVA
What it does
Online-first silver jewellery store
Kind
Funding
Amount
$10M
Stage
Series A
Based in
Bengaluru
Founded
2019
Sector
Commerce & Consumer Brands

What they do

GIVA is an online-first store selling modern silver jewellery for everyday use

What happened

It raised $10 million in Series A led by Sixth Sense Ventures and A91 Partners

Why it matters

The company will use the funds to expand both online and offline channels

The details

  • GIVA is an online-first silver jewellery store founded in 2019.
  • The company raised $10 million in Series A funding.
  • The round was led by Sixth Sense Ventures and A91 Partners.
  • Participating investors included India Quotient, Grand Anicut Angel Fund, and Founder’s Bank Capital.
  • The funds will be used to expand online and offline channels.
  • GIVA sells 925 hallmarked sterling silver jewellery, gold jewellery, demi-fine jewellery, and perfumes.
  • It offers doorstep delivery, fast secure checkout, and a 30-day no-questions-asked return policy.

The bigger picture

  • The investment shows strong investor interest in the branded silver jewellery segment.
  • GIVA is positioned as a modern, everyday jewellery brand targeting young consumers.
  • The company is expanding from online to offline retail, indicating omnichannel ambitions.

About the business

  • GIVA is an online-first silver jewellery store based in Bengaluru.
  • It sells 925 hallmarked sterling silver jewellery, gold jewellery, demi-fine jewellery, and perfumes.
  • The brand ambassador for the men's collection is Aditya Roy Kapur.
  • Services include doorstep delivery, fast secure checkout, and a 30-day no-questions-asked return policy.

What happens next

  • Expand online and offline channels.

The deal

Type
funding

Investors

Founders

  • Ishendra Agarwal, Founder
  • Aditya Labroo, Co-founder
  • Nikita Prasad, Co-founder

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