D2C Jewellery Startup GIVA To Raise INR 450 Cr From Creaegis, Others

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SUMMARY

The D2C jewellery startup will be valued at $374 Mn, up about 47% from its last valuation of $254 Mn in October 2024

Creaegis will lead the new funding round with INR 235 Cr infusion, while existing backer Premji Invest will contribute INR 125 Cr

GIVA saw its net loss widen 30% YoY to INR 58.7 Cr in FY24, while operating revenue zoomed 66% YoY to INR 273.6 Cr

D2C jewellery brand GIVA is raising INR 450 Cr (around $53 Mn) in a fresh funding round at a valuation of $374 Mn, as per its regulatory filings accessed by…



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D2C Jewellery Startup GIVA To Raise INR 450 Cr From Creaegis, Others


SUMMARY

The D2C jewellery startup will be valued at $374 Mn, up about 47% from its last valuation of $254 Mn in October 2024

Creaegis will lead the new funding round with INR 235 Cr infusion, while existing backer Premji Invest will contribute INR 125 Cr

GIVA saw its net loss widen 30% YoY to INR 58.7 Cr in FY24, while operating revenue zoomed 66% YoY to INR 273.6 Cr

D2C jewellery brand GIVA is raising INR 450 Cr (around $53 Mn) in a fresh funding round at a valuation of $374 Mn, as per its regulatory filings accessed by…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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