National News
Shraddha Kapoor–Backed Palmonas in Talks to Raise ₹200–250 Crore From Xponentia Capital
The proposed round may value the demi-fine jewellery brand at Rs.1,600–1,800 crore, tripling its valuation from earlier this year amid rising investor interest in affordable luxury and lab-grown diamond segments.
Palmonas, the demi-fine jewellery brand co-founded by Shraddha Kapoor, is in advanced discussions to raise Rs.200–250 crore from mid-market private equity firm Xponentia Capital, according to people familiar with the talks. The new round is expected to value the Pune-based startup at Rs.600–1,800 crore, over three times its previous valuation.
Earlier this year, Palmonas secured Rs.55 crore from Vertex Ventures at a valuation of Rs.500–550 crore. The company is currently tracking an annualised revenue run rate of Rs.300 crore, reflecting strong consumer demand in the fashion and lab-grown diamond jewellery categories.
Industry investors note that smaller jewellery brands are actively raising capital to expand inventory and strengthen offerings ahead of the high-demand Valentine’s Day season.
Founded in 2022 by Amol Patwari and Pallavi Mohadikar, with actress Shraddha Kapoor joining later as co-founder, Palmonas focuses on demi-fine jewellery crafted from surgical stainless steel, sterling silver, and 18K gold vermeil. Its collections include necklaces, rings, earrings, bracelets, and mangalsutras.
In its previous fundraise, Palmonas announced plans to expand its product lines and open 100 new stores within 12 months. Both the brand’s CEO and Xponentia declined to comment on the ongoing discussions.
The potential investment underscores the growing investor appetite in India’s fast-evolving jewellery market, especially within accessible luxury and lab-grown segments.
National News
Harit Zaveri Jewellers Celebrates A Bride’s Royal Spirit In An Indian Wedding With Its New Polki Collection
A Celebration Of Regal Femininity, Heirloom Craftsmanship, and The Refreshing Depth Of Emeralds.
June 2026 A bride’s jewellery is never merely ornamental, it carries sentiment, memory, and the quiet power of tradition. With its newest Polki Collection, Harit Zaveri Jewellers introduces a refined take on royal Indian bridal jewellery, thoughtfully designed for the modern bride who embraces heritage while expressing her individuality with confidence and grace.


Crafted between 18kt to 14kt gold and enriched by Emeralds, Harit Zaveri Jewellers Polki collection celebrates a bride in her most transformative moment – poised between reflection and becoming. Every jewellery piece in the collection is designed to accompany her through this pause.
At the heart of the collection lies the richness of polki craftsmanship – raw, uncut diamonds admired for their old-world charm and regal appeal, long associated with royal Indian heirlooms. Paired with vivid emeralds, known to symbolise renewal, harmony, love, and abundance, the collection brings together heritage and elegance. The richness of green emeralds adds depth and freshness, creating jewels that feel both classic and strikingly modern.
The collection features an expansive range of statement and versatile pieces including necklaces, kadas, rings, earrings, and bridal sets, thoughtfully embellished with emeralds, pearls, and polki detailing.


This collection from Harit Zaveri Jewellers compliments classic reds and heritage weaves to contemporary ivories, pastels, and couture silhouettes. Whether layered with a traditional lehenga, paired with a modern sari drape, or styled for intimate pre-wedding celebrations, these pieces seamlessly adapt while elevating every bridal look with a quiet majesty.
These pieces are envisioned as modern heirlooms, where meticulous craftsmanship, precious materials, and timeless artistry come together to create pieces worthy of being passed down through generations.
Harit Zaveri, Joint Managing Director at Harit Zaveri Jewellers said:

“At Harit Zaveri Jewellers, we have always believed bridal jewellery should feel personal, something that reflects a bride’s story and individuality. Many of our clients naturally gravitate towards one-of-a-kind pieces that resonate with their personality and become part of their memories for years to come. With this Polki collection, we wanted to celebrate craftsmanship with the richness of emeralds, a stone that beautifully complements a variety of bridal colours and effortlessly completes a look. Above all, quality remains at the heart of everything we create because we believe jewellery should feel as enduring as the memories and moments attached to it.”
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National News1 day agoHarit Zaveri Jewellers Celebrates A Bride’s Royal Spirit In An Indian Wedding With Its New Polki Collection
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