Silver Jewellery Startup Giva Raises $10 Million From Sixth Sense Ventures, Others

Jan 20, 2022•over 3 years ago

Amount Raised

$10 Million

Delhi

Description

New Delhi: Silver jewellery startup GIVA has raised $10 million (around Rs 74 crore) from investors including Sixth Sense Ventures, to grow its business through offline and online mode. The company, in its series A funding round, raised $10 million, led by D2C-focused venture capital funds Sixth Sense Ventures, A91 Partners and other marquee investors like India Quotient, Grand Anicut Angel Fund, and Founder's Bank Capital.

Company Information

Company

Giva

Location

Delhi, Delhi, India

About

The company, in its series A funding round, raised $10 million, led by D2C-focused venture capital funds Sixth Sense Ventures, A91 Partners and other marquee investors like India Quotient, Grand Anicut Angel Fund, and Founder's Bank Capital. The startup will also use some fund to expand its international presence. The Bengaluru-based company has set a target of achieving a revenue of Rs 200 crore in 2021-22, the statement said.

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