GIVA raises $100M led by Multiples Alternate Asset Management

GIVA, a Bengaluru-based jewelry brand, has raised $100 million in a financing round led by Multiples Alternate Asset Management ^[1]. The company, which is focused on expanding its physical retail footprint, intends to use the capital to open new storefronts in regional markets ^[1].

Participating backers in the transaction included Epiq Capital and Edelweiss Discovery Fund ^[1]. The investment came during a busy stretch for venture activity in India, representing the largest single deal reported during the tracking window ^[1].

GIVA plans to deploy the $100 million to grow its network of brick-and-mortar storefronts across smaller Indian cities ^[1]. The omnichannel jeweler has focused on establishing offline reach to complement direct-to-consumer sales channels, bringing structured retail operations to regional markets where demand for modern jewelry collections continues to emerge ^[1].

The funding formed the primary share of an active week across India's startup ecosystem. Founders in the country secured $290.55 million across 22 funding transactions recorded between Nov. 2 and Nov. 7, 2026, according to venture funding data tracked by Best Startup India ^[1]. GIVA's nine-figure raise accounted for more than a third of all risk capital disbursed across the surveyed venture rounds during that six-day span ^[1].

The transaction highlights ongoing investor enthusiasm for established consumer brands in India that are transitioning from pure-play digital commerce into physical storefront retail ^[1]. With capital from Multiples Alternate Asset Management, Epiq Capital, and Edelweiss Discovery Fund, GIVA will continue broadening its geographical distribution across tier-2 and tier-3 urban centers ^[1].