Palmonas

Consumer ProductsSeries BPune, Indiapalmonas.com

Latest round

Series B

Last raised

Mar 2026

Total raised

$46M

Investors

4

About Palmonas

Based in Pune, India, and founded in 2022 by CEO Pallavi Mohadikar and co-founders Amol Patwari and Shraddha Kapoor, Demefine Fashion Pvt Ltd, trading under the name Palmonas is an Indian brand in the demi-fine jewelry that offers a curated collection of affordable luxury jewellery designed for modern, fashion-conscious individuals. Palmonas is an Indian demi-fine jewellery brand that blends luxury with affordability, offering a curated range of gold-plated silver jewellery including rings, necklaces, earrings, and bracelets. The brand provides convenient services including online order tracking using Order IDs, easy return and exchange options, and detailed policies on shipping, warranty, and refunds. Palmonas also supports in-store experiences with multiple retail outlets across cities like Pune, Navi Mumbai, Delhi, and Lucknow, each offering personalized assistance.

Who invested in Palmonas

4 investors across 2 rounds

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Funding rounds

  1. Series B

    Mar 29, 2026

    Amount

    $40M

    Investors

    Locked

  2. Series A

    May 28, 2025

    Amount

    $6.5M

    Investors

    Locked

Questions about Palmonas

Who invested in Palmonas?

Palmonas has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Palmonas raised?

Palmonas has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Palmonas last raise money?

Palmonas's most recent round on record is a Series B, in Mar 2026.

What does Palmonas do?

Based in Pune, India, and founded in 2022 by CEO Pallavi Mohadikar and co-founders Amol Patwari and Shraddha Kapoor, Demefine Fashion Pvt Ltd, trading under the name Palmonas is an Indian brand in the demi-fine jewelry that offers a curated collection of affordable luxury jewellery designed for modern, fashion-conscious individuals.

Where is Palmonas headquartered?

Palmonas is headquartered in Pune, India.

Which VCs invest in companies like Palmonas?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back consumer products companies at Palmonas's stage. Their profiles are linked below.

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