D2C Jewellery Startup GIVA To Raise INR 450 Cr From Creaegis, Others

The D2C jewellery startup will be valued at $374 Mn, up about 47% from its last valuation of $254 Mn in October 2024

Creaegis will lead the new funding round with INR 235 Cr infusion, while existing backer Premji Invest will contribute INR 125 Cr

GIVA saw its net loss widen 30% YoY to INR 58.7 Cr in FY24, while operating revenue zoomed 66% YoY to INR 273.6 Cr

D2C jewellery brand GIVA is raising INR 450 Cr (around $53 Mn) in a fresh funding round at a valuation of $374 Mn, as per its regulatory filings accessed by…