Archive · 31 Oct 2025
Goyaz Secures ₹130 Crore in Series A Funding Led by Norwest
Imagine a jewelry company called Goyaz that makes beautiful jewelry from silver that looks like gold.
It's more affordable than real gold, which is super expensive right now.
They just got a lot of money, 130 crore rupees, from a big investor called Norwest.
They will use this money to open more stores in different cities.
They also want to make their jewelry-making even better and create more cool designs.
This helps people who want pretty jewelry that doesn't cost as much as real gold.
Goyaz, a brand specializing in gold-plated silver jewelry, has raised ₹130 crore in its Series A funding round.
The funding was led by Norwest, marking Goyaz's first institutional investment.
The company plans to use the funds to expand its retail presence in various cities and enhance its design and manufacturing capabilities.
Goyaz aims to diversify its portfolio and increase its brand presence in both metro and tier-II markets.
Founded in 2023, Goyaz currently operates 18 stores and offers an affordable alternative to traditional gold jewelry.
- Who
- Goyaz, a gold-plated silver jewellery brand, and Norwest
- What
- Goyaz has raised ₹130 crore in Series A funding led by Norwest to expand its retail footprint and strengthen design and manufacturing capabilities.
- When
- Funding announced on Friday, October 31, 2025
- Where
- Goyaz operates stores in different states and plans to expand into metro and tier-II markets.
- Why
- To fund the next phase of growth, diversify its portfolio, deepen brand presence, and offer a premium yet accessible alternative to traditional gold jewelry due to soaring gold prices.
- Company
- Goyaz
- Funding Round
- Series A
- Investor
- Norwest
- Amount Raised
- ₹130 crore
- Founded
- 2023
- Number of Stores
- 18