Palmonas
PrivateLast Round
Series B
Apr 2, 2026
Est. Valuation
$235M
Total Funding Raised
$47.18M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Palmonas operates in Consumer & Commerce and is based in Pune. Its latest recorded funding round was a Series B round in April 2026.
Palmonas is a fashion tech company that operates as an omnichannel retailer of demi-fine jewellery crafted with materials such as sterling silver, surgical steel, and gold plating.
Sector
Consumer & Commerce
Verticals
D2C Brands, E-commerce, Fashion & Beauty
Business Model
B2C
Customer Profile
Hardware Sales
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Palmonas Comparables
Compare Palmonas with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| GIVA | 86% | |
| Zavya | 80% | |
| Kushal's Fashion Jewellery | 79% |
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Palmonas Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Apr 2, 2026 | ||||
| Series A | Aug 22, 2025 | ||||
| Angel | Feb 21, 2025 | ||||
| Seed | Jan 3, 2025 |
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Key People
Founding team and executive leadership
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Palmonas Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Vertex Holdings | Series B |
| Vertex Ventures Southeast Asia & India | Series A |
| Vertex Growth | Series B |
| Vertex Ventures Southeast Asia & India | Series B, Series A |
| Xponentia Capital | Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Aug 20, 2026
Grew 16% QoQ, from 432 to 503 employees.
- Jun 30, 2026
Grew 24% QoQ, from 381 to 472 employees.
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Recent news
Latest coverage and updates
- launchesNov 12, 2026
Palmonas launches a jewellery edit with Sanjana Ganesan in Nov '26, featuring platinum-plated 925 Sterling Silver pieces with delicate designs, colourful stones and contemporary silhouettes for everyday styling and special occasions.
- opens_new_locationNov 10, 2026
Palmonas opens a jewellery store on the first floor of City Centre Mall in Patna, Bihar, offering demi-fine, 9K gold and lab-grown diamond jewellery to local shoppers.
- opens_new_locationNov 10, 2026
Palmonas opens a new jewellery store at City Centre Mall in Patna, offering demi-fine, 9K gold and lab-grown diamond jewellery to shoppers.
- opens_new_locationNov 6, 2026
Palmonas opens its 115th store in HSR Layout on Oct 24th '26 as part of its demi-fine jewellery and lab-grown diamond foray.
- identified_as_competitor_ofNov 3, 2026
Palmonas competes with GIVA among emerging brands in India’s demi-fine and fashion jewellery market, including lab-grown diamond and demi-fine jewellery categories.
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Palmonas Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Palmonas's valuation, stock price, and market status.
Is Palmonas a public or private company?
Palmonas is a private company.
What is the current stock price of Palmonas?
Palmonas is a private company, so its shares have no public market price. Caplight tracks Palmonas's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Palmonas worth (valuation)?
Palmonas's valuation is estimated at $235.0M based on funding round data.
Can I buy Palmonas stock?
Palmonas shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Palmonas's last funding round?
Palmonas's most recent funding round was Series B on April 2, 2026.
Who are the main investors in Palmonas?
Key investors in Palmonas include Vertex Holdings, Vertex Ventures Southeast Asia & India, Vertex Growth, Vertex Ventures Southeast Asia & India, Xponentia Capital.
Will Palmonas IPO soon?
No public IPO plans have been announced for Palmonas.
How can I track Palmonas secondary market activity?
Caplight tracks bids, offers, and trades in Palmonas's shares on secondary markets.