1. Jewellery brand GIVA raises over $100 million to fuel expansion

Jewellery brand GIVA raises over $100 million to fuel expansion

Business

  • Bengaluru-based jewellery brand GIVA has raised over $100 million in a funding round led by Multiples Alternate Asset Management, with co-investors.
  • • The company plans to use the funds to expand manufacturing, strengthen its leadership team and grow its offline retail network.
  • GIVA currently operates over 400 stores across India and Sri Lanka, and aims to cross 1,000 outlets in the next 3–5 years.

Source: entrackr.com

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