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SUMMARY
It plans to use the fresh capital to strengthen its 9kt gold demi-fine collection, open 100 new stores in the next 12 months and expand into newer categories
Palmonas was valued at INR 126 Cr in February, following an INR 1.26 Cr investment by Namita Thapar and Ritesh Agarwal on Shark Tank India Season 4
Founded in 2022 by Mohadikar and Amol Patwari, with Shraddha Kapoor later joining as cofounder, Palmonas is a direct-to-consumer jewellery brand specialising in demi-fine jewellery…
