Funding News: Palmonas Raises Rs 55 Crore to Redefine Everyday Jewellery

Startup: Palmonas

Founders: Pallavi Mohadikar (CEO), Amol Patwari, and Shraddha Kapoor

About us: Palmonas is a contemporary jewellery brand redefining everyday wear by offering high-quality, affordable, and versatile designs for modern consumers. The company bridges the gap between fine jewellery and fast fashion, making premium everyday accessories more accessible.

Founded Year: 2021

Office: Headquartered in India

Sector: D2C / Fashion & Lifestyle / Jewellery

Funding Round: Series A

Investors: Sequoia Capital India’s Surge, other undisclosed investors

Palmonas has raised Rs 55 crore in Series A funding to expand its design portfolio, strengthen brand presence, and scale operations across India and global markets. The funds will also be directed toward technology integration, omni-channel expansion, and enhancing customer experience as the brand positions itself as a go-to name for affordable luxury jewellery.

Website: https://www.palmonas.com