Palmonas raises INR550 million Series A led by Vertex Ventures
The jewellery brand plans to strengthen its 9kt gold collection and expand its stores.
Palmonas announced an INR550 million Series A led by Vertex Ventures SEA & India on August 22, 2025.
The funding supports its 9kt gold collection, product categories and a plan to open 100 stores over the following year. The Pune brand sells everyday jewellery through online and physical channels.
Use of funds
9kt gold collection
Store expansion
Product categories