Funding · Commerce & Consumer Brands

Giva raises Rs 110 crore in Series C extension

By Startup Enthusiast · 19 February 2026

What they do

Giva is an omnichannel jewellery brand selling silver, gold, lab-grown diamond and demifine jewellery

It raised Rs 110 crore (~$12M) in a Series C extension led by HPV CC1 Ltd, with participation from Kenro Capital, Premji Invest and Titan Capital

The round values Giva at ~Rs 4,900 crore, a 22% increase from its previous Series C valuation of ~Rs 4,000 crore

Giva is raising Rs 110 crore (~$12M) in a Series C extension round.
The round is led by HPV CC1 Ltd, which is investing Rs 74.25 crore (~$8.25M).
Kenro Capital is participating with Rs 13.75 crore in primary capital.
Premji Invest, via PI Opportunities Fund II, is investing Rs 11 crore.
Titan Capital, via Winners Fund, is also investing Rs 11 crore.
The board approved the issuance of 94,01,710 Series C1 CCPS (compulsorily convertible preference shares) at Rs 117 each.
The funds will be used for operational expenses, hiring, marketing, and general corporate purposes.

This extension comes just months after Giva raised a Rs 530 crore Series C in June 2025.
The post-money valuation of ~Rs 4,900 crore is a 22% increase from the previous round's valuation of ~Rs 4,000 crore.
Giva's total funding raised to date now exceeds $146M.
The company's FY25 operating revenue grew 89% to Rs 518 crore, though its net loss also widened 22% to Rs 72 crore.

Giva is an omnichannel jewellery brand selling silver, gold, lab-grown diamond, and demifine jewellery.
It operates through its website, mobile app, and franchise-led store expansion.
The company has ~150 physical stores across India.
In FY25, Giva reported operating revenue of Rs 518 crore (89% increase from Rs 274 crore in FY24).
Its net loss for FY25 was Rs 72 crore (22% increase from FY24).

Giva plans to use the funds for operational expenses, hiring, marketing, and general corporate purposes.