P
Palmonas
India · Consumer · Ecommerce
Palmonas designs and sells demi-fine jewellery for everyday wear through its website, marketplaces and physical stores.
Product
The Pune-based brand offers necklaces, rings, bracelets and earrings, including gold-plated stainless steel, sterling silver and a 9kt gold collection. Its direct-to-consumer model combines online shopping with stores where customers can see and try the designs.
Founded in 2022 by Pallavi Mohadikar and Amol Patwari, Palmonas added actor Shraddha Kapoor as a co-founder in 2024. It focuses on wearable designs positioned between low-cost fashion jewellery and traditional fine jewellery.
Funding history
2 rounds · 2 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Series B | $40M | Vertex Growth — LeadXponentia Capital Partners — LeadVertex Ventures SEA & India — Participant | |
| Series A | ₹550M | Vertex Ventures SEA & India — Lead |