CosmicTaco

GIVA Secures INR 102 Cr Funding for Expansion

CosmicTaco · 2025-03-11T10:45:39.293584+05:30

- GIVA, a D2C jewellery brand, has raised INR 102 Cr through a mix of equity and debt. - The funding includes INR 52 Cr equity infusion from Alteria Capital and INR 50 Cr debt from Northern Arc. - GIVA's board approved the issuance of Series B2 preference shares and Series B1 debentures for the fundraise. - This move comes as rival BlueStone prepares for its INR 1,000+ Cr IPO. - Regulatory filings show GIVA allotted 1,360 Series B2 preference shares to Alteria Capital at INR 14,700 per share. Source: [Inc42](https://inc42.com/buzz/exclusive-giva-funding-d2c-jewellery-brand-raises-inr-102-cr-to-open-new-stores/)

GIVA, a D2C jewellery brand, has raised INR 102 Cr through a mix of equity and debt.
The funding includes INR 52 Cr equity infusion from Alteria Capital and INR 50 Cr debt from Northern Arc.
GIVA's board approved the issuance of Series B2 preference shares and Series B1 debentures for the fundraise.
This move comes as rival BlueStone prepares for its INR 1,000+ Cr IPO.
Regulatory filings show GIVA allotted 1,360 Series B2 preference shares to Alteria Capital at INR 14,700 per share.

Source: Inc42