Founded by Ishendra Agarwal, GIVA has quickly become a leading D2C jewellery brand in India specializing in modern silver, gold, and lab-grown diamond pieces. By combining high-quality craftsmanship with affordable pricing, GIVA has managed to appeal to young, fashion-forward consumers looking for accessible luxury. The brand focuses heavily on online channels but is also rapidly expanding its offline presence with exclusive stores across major cities. With an emphasis on trust, certified materials, and aesthetic designs, GIVA aims to redefine jewellery shopping experiences for millennials and Gen Z. Supported by significant investor backing and strong marketing, GIVA continues to innovate, offering customized pieces and limited-edition collections.
Founded | 2019 |
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Headquarters | Bangalore, India |
Valuation | ~$250 million |
Annual Revenue (FY24 est.) | ₹220 Cr |
Net Loss (FY24 est.) | ₹10 Cr |
Employees | ~700 |
Round | Year | Amount | Investors |
---|---|---|---|
Seed | 2019 | $1 million | Angel Investors |
Series A | 2021 | $10 million | A91 Partners |
Series B | 2023 | $35 million | Sixth Sense Ventures, Others |
GIVA’s revenue has grown from ₹80 Cr in FY22 to ₹220 Cr in FY24, reflecting the brand’s rapid offline and online expansion. While still operating at a loss, the net losses have narrowed due to improved margins and scale.
EBITDA margins have improved steadily as GIVA optimized supply chain operations and marketing spends. Continued focus on efficiency is expected to drive profitability soon.
The team has expanded from 400 in FY22 to 700 in FY24, supporting growing store operations and tech initiatives to enhance customer experience.
GIVA recently opened new flagship stores in Mumbai and Delhi and launched exclusive bridal collections targeting millennial brides. The brand also announced celebrity partnerships to strengthen its youth appeal.
Metric | Detail |
---|---|
Revenue FY24 | ₹220 Cr – Significant growth from offline and online sales |
Net Loss FY24 | ₹10 Cr – Improved operating efficiencies |
EBITDA Margin | -10% – Gradual improvement through scale |
Valuation | ~$250M – Backed by strong investors and market demand |
Employees | ~700 – Expanded to support retail growth |
GIVA is redefining modern jewellery experiences in India, combining quality, affordability, and design innovation. Its growth strategy and market acceptance position it as a strong player in the evolving D2C jewellery segment. Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.
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