FundingCommerce & Consumer Brands
Giva raises over $100M led by Multiples
By Abha Lohia · Editor ·
GIVA: revenue, valuation and funding and every story →
GrowthBengaluruFounded 2019
- Giva sells everyday-wear and gifting jewellery in silver, gold and lab-grown diamonds, with over 400 stores across India and Sri Lanka
- A fresh round above $100 million came in, led by private equity investor Multiples Alternate Asset Management with co-investors joining
- The money will widen the store network, build up manufacturing capacity and strengthen the leadership team as the brand scales
What happened
- Giva raised over $100 million in a new round.
- Multiples Alternate Asset Management led the round.
- Co-investors also took part.
Why it matters
- The company wants to grow its retail footprint across the country.
- It plans to boost manufacturing capability.
- It also wants to strengthen its leadership team.
The business
- Giva was founded in 2019.
- It makes everyday-wear and gifting jewellery.
- Products use silver, gold and lab-grown diamonds.
- It runs more than 400 stores in India and Sri Lanka.
- It also sells online, on marketplaces and on quick commerce.
The founders
Who put in money
- Multiples Alternate Asset Management Lead — Private equity firm
In numbers
400+Retail stores · 2026
What happens next
- Expand stores and manufacturing.
The numbers around it
GIVA has 9 funding rounds in StopDown's archive, $133 million raised in all.
| When | Round | Amount | Led by |
|---|---|---|---|
| 19 February 2026 | Series C extension | Rs 110 crore (~$12M) | HPV CC1 Ltd |
| 25 June 2025 | Series C | ₹530 crore | Creaegis |
| 11 June 2025 | Series C | ₹450 Cr | Creaegis |
| 10 March 2025 | extended Series B | ₹102 crore | Alteria Capital |
| 14 October 2024 | Series B | Rs 255 crore | Premji Invest |
| 27 September 2024 | extended Series B | ₹100 Cr | Premji Invest |
| 5 July 2023 | Series B | ₹270 Cr | Premji Invest |
| 11 March 2023 | debt | ₹40 Cr | Alteria Capital |
Commerce & Consumer Brands in November 2026: 7 rounds with a disclosed amount, $119 million in all; the biggest was GIVA ($100M+). Every sector this year →
Terms in this story
- Private equity: Venture capital backs young companies that could grow very fast, taking small stakes and accepting that many will fail, while private equity backs mature companies, often with large or controlling stakes and steadier returns. In India both usually invest through SEBI-registered AIFs, with venture capital funds in Category I and most private equity in Category II.
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