Archive · 25 Jun 2025
Giva Raises ₹530 Crore to Boost Lab-Grown Diamond Sales
Imagine a jewelry company named Giva that sells beautiful jewelry.
They just got a big boost of money, about ₹530 crore, from investors to help them grow.
They want to open more stores, especially in smaller cities, and sell more lab-grown diamonds, which are like real diamonds but made in a lab.
They started in 2019 and sell silver, gold, and lab-grown diamond jewelry.
Now, they will expand their online and physical stores.
The money will also help them get even better at what they do, so they can sell more jewelry to people in India.
Jewellery brand Giva raised ₹530 crore in a Series C funding round.
Creaegis led the funding round, with participation from existing investors.
Funds will expand retail presence, including new stores in Tier II cities.
Giva plans to expand into new categories like lab-grown diamond jewellery.
Aditya Labroo was elevated to co-founder of the company.
- Who
- Giva, led by Ishendra Agarwal and Nikita Prasad, and now Aditya Labroo as co-founder, raised money from investors including Creaegis and existing investors.
- What
- Giva, a jewelry brand, raised ₹530 crore in funding.
- When
- The funding round occurred recently, with one article published June 25, 2025.
- Where
- The company is based in Bengaluru, India, and has stores across India.
- Why
- To expand retail presence, especially in Tier II cities, and enhance offerings including lab-grown diamond jewelry.
Lab-Grown Diamonds
Market Analysis
Market Share
Lab-Grown Diamonds
Lab-grown diamonds currently represents 30% of the global diamond jewelry market.
Market Analysis
No directly opposing view found.
- Funding Amount
- ₹530 crore
- Lead Investor
- Creaegis
- Existing Investors
- Premji Invest, Epiq Capital, Edelweiss Discovery Fund
- Founded
- 2019
- Founders
- Ishendra Agarwal and Nikita Prasad
- Physical Stores
- 240+ (planned to add 145-150 more)
- Primary Focus
- Lab-grown diamond jewellery expansion
