Jewellery brand Giva raises Rs 200 crore from Premji Invest, others

Giva Jewellery on Wednesday announced that it had raised Rs 200 crore in a Series B funding round led by Premji Invest. The round also saw participation by existing investors Aditya Birla Ventures, Alteria Capital, and A91 Partners.

Beyond the fundraise, the jewellery maker also reportedly conducted a secondary sale transaction worth Rs 70 crore. Giva did not disclose the identity of the stakeholders who took part in the secondary sale.