Representative image Jewellery brand Giva on Monday announced the closure of its extended series B funding round raising Rs 225 crore led by Premji Invest with new investors Epiq Capital, Edelweiss Discover Fund, and the company’s top management joining the round. The round consisted of 35% primary investment and 65% secondary transaction, enabling a partial…
MP Ahammed, Chairman, Malabar Gold & Diamonds New Delhi: Malabar Gold & Diamonds, a leading jewellery group, has surpassed an annual retail global turnover of Rs 51,218 crore in the last financial year, it said in a media release. Also, the company aims to open 100 new stores within the next year, along with the…
New Delhi: Jewellery major Kalyan Jewellers saw its consolidated revenue grow by about 34 per cent during Q4 FY2024 despite a sharp rise in gold prices during the second half of the quarter, the company said in a quarterly update on BSE. For the full year FY2024, the jewellery retailer saw its revenue grow by…
After months of negotiations, Tata group company Titan has bought out the residual 27.18% stake in its subsidiary CaratLane from the omnichannel jewellery brand’s founder Mithun Sacheti and his family members for Rs 4,621 crore in cash. The latest transaction will ascribe a valuation of Rs 17,000 crore to CaratLane. The deal ranks as the…
