GIVA secures Multiples-led investment in ₹975 crore transaction
The deal combines new capital with shareholder exits and an employee share buyback; the amount flowing into GIVA has not been disclosed.
GIVA announced a financing led by Multiples Alternate Asset Management on November 3, 2026, with participation from Epiq Capital and Edelweiss Discovery Fund. The overall transaction is worth approximately ₹975 crore and includes both newly issued shares and purchases from existing shareholders.
The jewellery brand will direct fresh capital towards stores, manufacturing and inventory. It plans to grow from more than 400 locations to over 1,000 outlets in the next three to five years.
The transaction also includes an employee share buyback. GIVA has not disclosed the division between primary and secondary capital or its valuation. Multiples will join the company's board.
Use of funds
Retail store expansion
Manufacturing capacity
Inventory and product range