National News

GIVA Raises ₹530 Cr in Series C Funding Round Led by Creaegis; Accelerates Expansion of Lab-Grown Diamond Jewellery and Retail Footprint

Published

1 year ago

June 25, 2025

GIVA, one of India’s fastest-growing D2C fine jewellery brands, has raised ₹530 Cr in its latest funding round. Creaegis, a leading growth stage investment firm, led the round, with participation from existing investors Premji Invest, Epiq Capital, and Edelweiss Discovery Fund.

The capital will be used to scale GIVA’s retail and digital footprint, enhance tech-enabled supply chain capabilities, deepen its offerings in lab-grown diamond jewellery and expand into new categories.

Started in 2019 by Ishendra Agarwal and Nikita Prasad, GIVA began its journey with 925 sterling silver jewellery and has since diversified into 14K/18K gold and lab-grown diamond jewellery. The company has established itself as a clear market leader in the fine jewellery space in response to a growing demand for affordable luxury and sustainable alternatives.

Announcing the development, Ishendra Agarwal, Founder, GIVA, said, “Welcoming Creaegis as a lead investor in this round marks an important step in our growth journey. Their deep expertise in building digital-first, consumer-centric businesses makes them an ideal partner for GIVA as we scale our omni-channel presence and strengthen our capabilities across product, technology, and operations. With the continued support of our existing investors, we’re focused on elevating the fine jewellery experience for modern Indian consumers and accelerating our journey towards market leadership.”

Founded with the mission to make high-quality jewellery more accessible, GIVA has rapidly scaled with a product portfolio spanning silver, gold, and lab-grown diamond jewellery. With its in-house design excellence, commitment to authenticity, and a growing offline presence, GIVA is uniquely positioned at the intersection of aspiration, trust, and modern design.

Today, the brand retails through 240+ physical stores across India. Riding on this momentum, GIVA plans to open 145–150 additional stores this year, with a strong focus on Tier II cities, where it continues to witness robust demand.

This rapid growth is driven by a strong leadership team. In recognition of the instrumental role played in shaping the company’s journey, Aditya Labroo, Chief Operating Officer has now been elevated to the role of co-founder, further strengthening GIVA’s vision for the future.

National News

The Solitaire Festival Of India Concludes; Bumper Prize Winner At Ranka Jewellers Wins XUV 7XO

TSFI Reached More Than 200+ Partner Jewellery Stores Across 100+ Cities

Published

4 hours ago

October 12, 2026

JewelBuzz Spread The Buzz

A solitaire often becomes part of a moment that people cherish for years. Whether it marks a milestone, celebrates a relationship or is a personal choice, it often holds a special meaning for its wearer. Reflecting this sentiment, The Solitaire Festival of India (TSFI) 2026, hosted by Divine Solitaires, concluded on a celebratory note at Ranka Jewellers, Chinchwad, Pune, with the handover of the festival’s bumper prize.

Amardeep Jinde was felicitated as the TSFI 2026 bumper prize winner and received the keys to a brand-new XUV 7XO, bringing the nationwide festival to a memorable close.

Taking the Solitaire Experience Across India

This year, TSFI reached more than 200+ partner jewellery stores across 100+ cities. The festival offered customers an opportunity to explore solitaires through assured gifts, weekly draws and a national bumper prize, while encouraging informed buying through a focus on quality, certification and transparent pricing.

Retail partners such as Ranka Jewellers have played an important role in bringing TSFI to consumers. The bumper prize handover at its Chinchwad store marked the culmination of this year’s festival, bringing

the nationwide celebration to a close.

Speaking on the occasion, Jignesh Mehta, Founder & Managing Director, Divine Solitaires, said:

“At Divine Solitaires, we continuously look for ways to engage with our customers and create exciting experiences for them. TSFI is one such initiative that brings together customers and our retail partners across the country. As we bring this edition to a close at all over India, we are grateful to everyone who has been part of the journey. We look forward to bringing many more interesting initiatives and experiences to our customers in the future.”

Adding his perspective,. Tejpal Ranka, Owner, Ranka Jewellers, Chinchwad, Pune, said:

“It has been a very eventful year for us, and our long-standing association with Divine Solitaires has been fruitful. We have seen an increase in customer walk-ins, which has been encouraging for our business. Having the TSFI bumper prize winner emerge from our store is a matter of great pride for us. It is wonderful to see a customer from our store win a prize in a festival celebrated across India. We look forward to continuing our association with Divine Solitaires and being part of more such initiatives in the future.”

Divine Solitaires continues to focus on making solitaire buying more transparent through its 123-parameter Quality Guarantee, standardised pricing and consumer-focused post-purchase benefits.

As the brand looks ahead to Dhanteras and the festive buying season, Divine Solitaires aims to encourage more consumers to consider a solitaire for their first meaningful jewellery purchase through festive offers and engaging customer initiatives.

With its focus on quality, transparent pricing and consumer confidence, the brand aims to further strengthen its position in India’s solitaire jewellery market. Going forward, Divine Solitaires plans to introduce more initiatives that bring solitaires closer to consumers and make the buying experience more rewarding.