Palmonas
Direct-to-consumer jewellery brand specialising in demi-fine jewellery made from surgical stainless steel and sterling silver with 18K gold vermeil finish. The brand later expanded into a 9kt gold demi-fine collection.
Palmonas: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 1 Apr 2026 | Series B | $40 Mn (₹373 Cr) Series B | Vertex Growth Fund Xponentia Capital Vertex Ventures SEA & India | source |
| 22 Aug 2025 | Series A | ₹55 Cr ($6.3M) Series A | Vertex Ventures SEA & India | source |
| 22 Feb 2025 | Seed | ₹1.26 Cr (Shark Tank India Season 4) | Namita Thapar Ritesh Agarwal | source |
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Who founded Palmonas?
Palmonas was founded by Pallavi Mohadikar, Amol Patwari, Shraddha Kapoor in 2022.
How much funding has Palmonas raised?
Palmonas has raised $46.45 Mn across 3 tracked funding round(s), most recently on 2026-04-01. Figures are compiled from cited public sources.
Who are the investors in Palmonas?
Investors in Palmonas include Vertex Growth Fund, Xponentia Capital, Vertex Ventures SEA & India, Namita Thapar, Ritesh Agarwal.
What does Palmonas do?
Direct-to-consumer jewellery brand specialising in demi-fine jewellery made from surgical stainless steel and sterling silver with 18K gold vermeil finish. The brand later expanded into a 9kt gold demi-fine collection.
Where is Palmonas headquartered?
Palmonas is headquartered in Pune, Maharashtra, India.
What is Palmonas's business model?
Palmonas's core value proposition centers on Demifine® jewellery category, Affordable luxury for fashion-conscious women, Premium quality at accessible pricing, Lifetime Warranty.
How does Palmonas make money?
Palmonas's cited revenue streams include Online D2C sales, Retail store sales, 9kt gold demi-fine collection.