D2C Jewellery Brand GIVA Secures ₹975 Crore Led by Multiples PE

3 Nov 2026, 3:57 pm · 4h ago · 1 min read · Inc42

Amount

$103M

Stage

Growth

Lead

Multiples Alternate Asset Management

Bengaluru-based D2C jewellery brand GIVA has raised ₹975 crore (around $103 million) in a funding round led by Multiples Alternate Asset Management, with participation from Epiq Capital and Edelweiss Discovery Fund. The deal includes primary and secondary capital alongside a ₹20–25 crore ESOP buyback for 50–60 employees. Early backers India Quotient and Sixth Sense Ventures partially exited. GIVA posted ₹865 crore in FY26 revenue, up from ₹505 crore in FY25. Operating 425 stores, GIVA plans to add 160 outlets in FY27 and expects PAT profitability in FY28.