Shop for demifine jewellery pieces for your everyday use from PALMONAS. Bracelets, necklaces, rings, earrings, mangalsutras and much more. waterproof, tarnishproof and hypoallergenic jewellery. Affordable luxury jewellery for everyday. Shop for alternative to real gold jewellery at PALMONAS
Location: India
Total raised: $140.37M
Funding Rounds 3
| Date | Series | Amount | Investors |
| 04.04.2026 | Series A | $94M | Pantera |
| 01.04.2026 | Series B | $40M | Vertex Ven... |
| 02.09.2025 | Series A | $6.37M | Vertex Ven... |
Mentions in press and media 18
| Date | Title | Description |
| 04.04.2026 | ETtech Deals Digest: Startups raise $187 million this week, down 28% on-year | Synopsis The number of deals during the week was also down at 18 transactions, compared to 24 in the corresponding week last year. Compared to the previous week, when startups raised $310.7 million, the funding was down 39.8%. ETtech Startu... |
| 01.04.2026 | Xponentia Capital, Vertex Growth Fund lead Palmonas’ Series B round | Homegrown jewellery brand Palmonas has raised $40 million (around Rs 375 crore) in its Series B funding round led by Xponentia Capital and Vertex Growth Fund, the growth-stage investment vehicle from Vertex Holdings, a subsidiary of Temasek... |
| 01.04.2026 | Palmonas Raises $40 Mn From Xponentia Capital, Vertex Growth Fund | SUMMARY PwC India announced that it served as exclusive financial advisors to Palmonas on their $40 Mn Series B fundraise Cofounder and actor Shraddha Kapoor said that the intended use of the fresh capital would be to expand the startup's o... |
| 22.01.2026 | Mira Kapoor's Dhun, Shraddha Kapoor's Palmonas: Celeb-backed brands clinch funding deals amid investor buzz | - |
| 15.10.2025 | FS Life Secures INR 50 Cr to Boost Retail Expansion The company plans to use the new funds to expand its retail footprint by doubling its stores from five to ten within the next six months. | Women's lifestyle and fashion house FS Life has raised INR 50 crore (about USD 5.6 million) in a fresh funding round led by Colossa Ventures and Rahul Garg, founder of IGNITE Growth LLP. Existing investors Fireside Ventures and Mirabilis In... |
| 01.10.2025 | Recur Club Powers AI-Driven FinTech Revolution with $50M Investment | Recur Club, an AI-powered debt marketplace for Indian startups and SMEs, secured $50 million in funding to accelerate growth. This capital fuels team expansion, robust technology infrastructure upgrades, and critical expansion into Tier II ... |
| 29.09.2025 | Recur Club Raises USD 50 Mn to Expand AI-Powered Debt Marketplace The company plans to utilise the fresh funds to scale its team, strengthen its technology infrastructure, and expand operations into t... | Recur Club, a debt marketplace catering to startups and small and medium-sized enterprises (SMEs), has secured USD 50 million in a mix of equity and debt. The Delhi-based company raised USD 8 million in equity funding led by InfoEdge Ventur... |
| 17.09.2025 | Blume Ventures Leads USD 5.5 Mn Round in Lucira Jewelry Lucira plans to channel the newly raised capital toward opening new retail stores, expanding its design studio, and strengthening its technology... | Lucira Jewelry has raised USD 5.5 million in seed funding, which it said is the largest seed investment to date for a jewelry startup in India. The round was led by Blume Ventures with participation from Spring Marketing Capital, SiriusOne ... |
| 02.09.2025 | Palmonas raises Rs 55 Cr Series A funding from Vertex Ventures | In a Series A funding round led by Vertex Ventures Southeast Asia & India (SEAI), demi-fine jewelry startup Palmonas has raised Rs 55 crore, or approximately $6.2 million. The money raised will be used to open 100 new stores within the ... |
| 30.08.2025 | Weekly Roundup: Top Startup Fundings Deals (August 23–29) Diverse Sectors See Fresh Capital Inflows | The startup ecosystem in India continues to attract strong investor interest, with companies across fintech, housing finance, and lifestyle brands raising significant funding this week. From empowering small businesses with financial access... |
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