National News
GIVA Redefines Jewellery Shopping with 2-Hour Delivery Service in Bengaluru
In a move that’s set to transform how consumers buy jewellery online, leading D2C brand GIVA has introduced an industry-first 2-hour jewellery delivery service in Bengaluru. The initiative blends luxury, technology, and speed — offering customers the joy of instant gifting and convenience without compromising on quality or trust.
Under the new ‘GIVA GO’ service, customers in select Bengaluru locations can now receive their jewellery orders within just two hours of purchase. Each eligible product on GIVA’s website and app carries a distinct “GIVA GO” badge, making it easy for shoppers to identify items available for ultra-fast delivery. The service leverages GIVA’s network of urban fulfilment hubs and dark stores, enabling the brand to manage inventory closer to customers and streamline last-mile logistics for faster turnaround.

“Jewellery is deeply emotional — often tied to celebrations, surprises, and special moments. With GIVA GO, we want to make sure no one has to wait to make those moments special,” said Ishendra Agarwal, Co-founder of GIVA.
Traditionally, jewellery deliveries — even for silver and gold-plated collections — have taken several days due to quality checks and secure packaging. By compressing this process to just a few hours, GIVA is pioneering a new benchmark for digital-first jewellery retail in India. This initiative reflects the broader “instant delivery” trend sweeping across e-commerce, where consumers increasingly value speed and convenience across all product categories.
Bengaluru, known for its young, tech-savvy shoppers and strong delivery infrastructure, serves as the perfect launch city for the pilot program. GIVA has also indicated plans to expand the service to Delhi, Mumbai, and Hyderabad in the coming months, aligning the rollout with the festive and gifting seasons.
Industry experts believe this innovation could reshape customer expectations across the jewellery category. The combination of speed, authenticity, and seamless experience may push other brands to rethink their logistics and customer engagement strategies. For consumers, the benefit is immediate — whether it’s a last-minute anniversary gift or a spontaneous self-purchase, jewellery can now arrive at their doorstep in record time.
National News
GRT Jewellers Bets Big on TBZ to Acquire 74% for ₹1,034 Crore
The deal, signed on August 31, 2026, values the transaction at up to ₹209 per share and marks a significant reshaping of India’s organised jewellery retail landscape.The transaction will give GRT sole control of TBZ, including the right to appoint nominee directors.
In a landmark consolidation move, GRT Jewellers is set to take control of Tribhovandas Bhimji Zaveri (TBZ), acquiring a 74.12% promoter stake for up to Rs.1,034 crore. The deal, signed on August 31, 2026, values the transaction at up to ₹209 per share and marks a significant reshaping of India’s organised jewellery retail landscape.
GRT Jewellers (India) Private Limited will acquire the entire stake held by TBZ’s promoter group, including Shrikant Gopaldas Zaveri (50.06%), Bindu Shrikant Zaveri (5.24%), Binaisha Shrikant Zaveri (7.92%), Raashi Shrikant Zaveri (6.85%) and two promoter-group entities holding 2.02% each.
The acquisition will trigger a mandatory open offer for the remaining public shareholding, with GRT set to launch an offer for up to 26% of TBZ’s equity in accordance with applicable SEBI regulations.
The transaction will give GRT sole control of TBZ, including the right to appoint nominee directors. The existing promoter directors—Shrikant Gopaldas Zaveri, Binaisha Shrikant Zaveri and Raashi Shrikant Zaveri—are expected to step down following completion.
For TBZ, one of India’s oldest and most recognised jewellery brands, the deal signals a major transition from promoter-led ownership to strategic control by one of the country’s prominent jewellery players. For GRT, it represents an ambitious expansion of its footprint and a potentially transformative bet on TBZ’s established brand equity, retail network and customer franchise.
The deal could emerge as one of the most significant strategic moves in India’s organised jewellery sector, underscoring the accelerating consolidation of a market where scale, brand strength and retail reach are becoming increasingly decisive.
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