Giva Raises Rs 255 Cr in Extended Series B, A91 and India Quotient Partially Exit
- Omnichannel jewelry startup **Giva** has raised **Rs 255 crore** in an extended Series B round. - Early backers **A91 Partners** and **India Quotient** partially exited, realizing significant returns. - Funds will be used to expand Giva's offline presence, which includes around **150 physical stores** nationwide. - Giva's revenue grew by **96.4%** in FY23, reaching Rs 165 crore, while losses widened to Rs 45 crore. - The company competes with brands like **Melorra, Bluestone, CaratLane**, and others. Source: [Entrackr]()
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