Palmonas Raises INR 55 Crore in Series A, Plans Aggressive Expansion Across India
D2C demi-fine jewellery brand Palmonas has secured INR 55 crore in a Series A funding round led by Vertex Ventures SEAI, fuelling its ambitious expansion across India and beyond.
Palmonas Expands Retail Presence with New Store in Pune
Palmonas, India’s first demi-fine jewellery brand co-owned by Bollywood actor Shraddha Kapoor, has strengthened its retail footprint with the launch of a new store in Pune. This marks the brand’s fifth store as it continues to cater to the growing demand for accessible luxury jewellery
Shraddha Kapoor-Backed Jewellery Startup Palmonas Set to Raise $3 Million in Funding
The company intends to allocate roughly 40% of the raised capital to marketing initiatives, followed by bolstering its inventory and expanding its team
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