Palmonas
Demifine® Collection | 18k thick Gold Plated - Shop Now
Pune, India · Founded 2022 · $45.7M raised
- Headquarters
- Pune, Maharashtra
- Employees
- 51–200
- Founded
- 2022
- Business Model
- B2C
- Website
- palmonas.com
- Total Funding
- $45.7M
- Last Round
- $40.0M Series BApr 2026
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds and 2 investors for this company. The full record is or through the API.
About
Palmonas is an Indian direct-to-consumer jewelry brand creating 'Demifine' pieces -- necklaces, bracelets, rings, earrings, and mangalsutras -- finished in thick 18k gold plating, gold vermeil, or rhodium over 925 sterling silver and surgical-grade stainless steel. Co-designed by actress Shraddha Kapoor, the brand positions itself between affordable fashion jewelry and expensive fine jewelry, emphasizing waterproof, tarnish-resistant, hypoallergenic pieces meant for daily wear rather than special occasions only.
Summary
Palmonas is an E-Commerce company based in Pune, India, founded in 2022. It has raised $45.7M in total across 2 rounds, most recently a $40.0M Series B round in Apr 2026. Investors include Xponentia Capital Partners and Vertex Growth Fund.
Tech & App Stack
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Funding History
Apr 2026
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Funding: Series A through Series B. Amounts, valuations, and investors where available.
Investors
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