Spring Marketing Capital has announced to invest in silver jewellery start-up Giva.
Raja Ganapathy, CEO of Spring Marketing Capital, announced the development on LinkedIn.
In the LinkedIn post, he wrote, “I am glad to say we managed to bring Ishen around and happy to announce that Spring Marketing Capital is now an investor in Giva.”
He further said, “In an incredibly short span of 4 years, Ishen (Ishendra Agarwal, Founder of Giva) and the team have built Giva into a pioneering fine silver jewellery business. With a razor-sharp focus on the product, a keen eye on the unit economics and an ambitious growth plan in hand, we believe that Giva's journey has just begun. The first set of retail stores have opened and Giva is poised to leverage the benefits of a strong omni channel play in the coming years.”
Ganapathy mentioned that he is working closely with Agarwal and the team to create a distinctive and differentiated fine jewellery brand.
GIVA is an online silver jewellery start-up. The company is based in Bengaluru, Karnataka. Ishendra Agarwal along with Nikita Prasad and Sachin Shetty founded the company in 2019.