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Published
Jun 22, 2022
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Giva raises funds from Aditya Birla Ventures, others

Published
Jun 22, 2022

Bengaluru-based silver jewellery start-up Giva has raised funds from investors led by Aditya Birla Ventures, A91 Partners, and Sixth Sense Ventures.


Giva raises funds from Aditya Birla Ventures, others - Giva - Facebook


The company did not disclose the amount raised and said it will utilise the funds to expand its business and diversify its product portfolio.

Commenting on the funding, Ishendra Agarwal, co-founder of Giva in a statement said, “In addition to the fund infusion, we will benefit from their expertise in grooming new-age startups and intend to leverage it to drive our retail channel expansion to augment our customer base. As a brand, GIVA has grown in the challenging post-Covid period, thanks to unit economics and a team that is spearheading various initiatives across online and offline retail channels.”

Aryaman Vikram Birla, founder of Aditya Birla Ventures added, “We believe silver jewellery is ripe for significant growth across both online as well as offline channels. With a strong focus on product, customer centricity and engagement, Giva is one of the fastest growing silver jewellery brands nationally.”

The start-up, founded by Ishendra Agarwal, Nikita Prasad, and Sachin Shetty in 2019, offers an exclusive jewellery collection of rings, necklaces, earrings, bracelets, and pendants.

Giva products are currently available online on its website and marketplaces such as Amazon, Myntra, AJIO, TataCliq , Nykaa, and others.

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