GIVA Raises $100 Million in Round Led by Multiples

4 Nov 2026, 7:45 am · 2d ago · 1 min read · YourStory.com

Amount

$100M

Lead

Multiples

Bengaluru-based direct-to-consumer jewellery brand GIVA has secured $100 million in a new funding round led by private equity firm Multiples. The startup will utilize the fresh capital to strengthen its leadership team, scale in-house manufacturing capabilities, and rapidly expand its offline retail store footprint across Indian cities. Concurrently, market research from Crisil Ratings indicated that India's data centre capacity is projected to surge five-fold to 7.5 GW by March 2030, driven by exponential demand for generative artificial intelligence infrastructure, enterprise cloud transformation, and nationwide digital adoption across consumer tech and enterprise ecosystems.