India · Luxury goods & jewelry startup

PALMONAS

PALMONAS is India's first demi-fine jewellery brand, founded in 2022 by Dr.

Funding reportedLast round: Series B

Luxury goods & jewelryPune, India

About PALMONAS

PALMONAS is India's first demi-fine jewellery brand, founded in 2022 by Dr.

Amol Patwari, Pallavi Mohadikar, and Bollywood actress Shraddha Kapoor, who joined as co-founder in 2024. The brand offers affordable luxury through durable, waterproof, and skin-safe jewellery designed for fashion-conscious women. With a mission to empower women, PALMONAS aims to make sophisticated jewellery accessible for everyday wear. Headquartered in Pune, Maharashtra, PALMONAS operates on a direct-to-consumer model with both online and physical store presence. The brand features over 350 products, including necklaces, rings, earrings, and bracelets, with new designs launched monthly. Their jewellery is crafted from high-quality materials like sterling silver and surgical stainless steel, ensuring pieces are tarnish-proof and suitable for daily use. PALMONAS also plans to expand its retail footprint with new stores, enhancing its reach to customers in over 200 countries.

What company datasets say PALMONAS raised

Funding, as reported

Reported in all46.6Min the source's currency
Last roundSeries B
Last round size40M
Last round dateApr 2026

On a portfolio page

Investors who name them

Each firm lists PALMONAS on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

modern jewellerymodern indian jewelleryinternational shippingfashionethical diamondsconsumerswedding jewelrymen's earringscustom jewelrypersonalized jewelrystackable ringsspecial occasion jewelrydistributionmanufacturingsustainable materialssurgical-grade stainless steel

Built with from their website

Google Tag ManagerNaukriAmazon CloudFrontGoogle SheetsTableauSalesforce CRM AnalyticsReact NativePaypalGoogle AdsClarity SDM

+8 more

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Sector
Luxury goods & jewelry
Industry code
NAICS 33991, 45831, SIC 3914, 5944
Region
Maharashtra
Revenue
5M a year, as listed

Luxury goods & jewelry in India

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