Indiejewel Fashions Private Limited, dba Giva, has raised $100 million from a Series D fundraise led by Multiples, through a combination of primary and secondary. Existing investors Edelweiss, and Epiq also participated in the round.
Khaitan & Co advised Giva on this fundraise. The Firm assisted Giva in drafting, review, negotiation, finalisation and execution of the transaction documents, and closing of the transaction.
The core team consisted of Nidhi Killawala (Partner), Anupama Singh (Principal Associate), Aiyushi Sahani (Senior Associate) and Sakshi Garg (Associate) with assistance from Somanshu Shukla (Associate) on closing process.
Atul Pandey (Partner), Hirak Mukhopadhyay (Partner), and Shruti Gupta (Principal Associate) assisted with regulatory aspects of the transaction.
NovoJuris Legal advised India Quotient on its secondary transaction in connection with the fundraise.
The transaction team included Joseph Mario Ritvik (Senior Associate), Associates Nitin Thomas and Manish Krishnagiri.
Managing Partner Sharda Balaji provided strategic inputs on this transaction.
Founded in 2019, GIVA has evolved from a digital-first silver jewellery brand into an established omnichannel fine jewellery business, with an expanding portfolio spanning sterling silver, gold and lab-grown diamond jewellery.
The fresh capital will support GIVA's plans to strengthen its manufacturing capabilities, expand its offline retail presence, deepen its product portfolio and strengthen its leadership team. The investment reflects the continued growth potential of India's organised fine jewellery sector and the increasing consumer preference for accessible, design-led jewellery brands.
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