The fundraise comprised INR 52 Cr equity infusion from Alteria Capital and INR 50 Cr debt from Northern Arc
GIVA’s board passed a resolution to raise the sum through issuance of Series B2 preference shares and Series B1 debentures
This comes at a time when GIVA’s rival BlueStone is gearing up for its INR 1,000+ Cr IPO
D2C jewellery brand GIVA has raised INR 102 Cr (about $11.7 Mn) in a mix of equity and debt from Alteria Capital and Northern Arc.
As per the company’s regulatory filings, GIVA allotted 1,360 Series…