Series A · Consumer

Palmonas raises INR550 million Series A led by Vertex Ventures

The jewellery brand plans to strengthen its 9kt gold collection and expand its stores.

Palmonas announced an INR550 million Series A led by Vertex Ventures SEA & India on August 22, 2025.

The funding supports its 9kt gold collection, product categories and a plan to open 100 stores over the following year. The Pune brand sells everyday jewellery through online and physical channels.

Use of funds

9kt gold collection

Store expansion

Product categories

Funding history

Series A · This round₹550M

Sources

  1. Palmonas Secures INR55 Crore in Series A Fundingvertexventures.sg · Aug 25, 2025