Giva Franchise Cost & Requirements

Business

Giva Franchise Cost & Requirements

Registrationwala

Giva is one of the most popular jewellery brands in India, offering affordable yet trendy 925 sterling silver jewellery and BIS hallmark gold jewellery. The Giva brand ambassador Anushka Sharma has been featured in numerous Giva ad campaigns. 

If you want to open a jewellery franchise, Giva is one of the best options available in the country. In this blog post, we shall discuss the Giva Franchise cost in India and other requirements.

About Giva: Founder, Headquarters and Franchise Details

Giva is one of the top jewellery franchises in India that offers premium and elegant jewellery designs. It offers silver, gold and lab-grown diamond jewellery. To cater to its customers, the company follows an omnichannel approach that combines online and offline stores. The name GIVA is derived from the Sanskrit word “Jeeva,” meaning “Life.” The brand chose this name to reflect its mission of celebrating the essence and beauty of life via its exquisite jewelry collections.

Giva was founded in the year 2019, making it a relatively new jewellery brand compared to other brands like Tanishq, Caratlane and Kalyan Jewellers. However, within a short period of time, the Giva brand gained success. The Giva founders are Ishendra Agarwal and Nikita Prasad. Ishendra Agarwal serves as the GIVA CEO and Nikita Prasad serves as the company’s Creative Head.

Initially, the company sold only 925 sterling silver jewellery online. However, with time, the company began selling gold jewellery and lab-grown diamond jewellery as well. The GIVA brand ambassador is Anushka Sharma. Additionally, the company has collaborated with other famous Bollywood actresses like Shruti Haasan, Diana Penty and Bhumi Pednekar and singer Neha Kakkar. 

The GIVA headquarters are located in Bengaluru, India. If you are wondering whether GIVA provides franchise opportunities, then the good news is that, yes, it does provide franchise opportunities to investors passionate about the jewellery industry. The Giva franchise model is Franchise-Owned, Company-Operated (FOCO) model. Under this model, the franchisee makes the initial investment. This investment covers store setup, inventory, working capital, etc. Meanwhile, the Giva company handles day to day store operations, management and systems. The company applies this model for expansion of its physical stores across India. 

By establishing a Giva franchise, the franchisee can benefit from the Giva brand’s reputation of being a leading jewellery brand, marketing support from its team, operational expertise and more. The overall Giva Franchise cost in India is estimated to be between Rs. 30 lakhs to Rs. 45 lakhs. The Giva Franchise fee is between Rs. 5 lakh to Rs. 10 lakh, according to sources available online. However, we request you to connect with the Giva’s official Franchise Team for accurate and updated information.

The Giva franchise review is generally on the positive side, with many franchisees satisfied with the brand reputation in the jewellery sector and marketing support. Now, if you want to learn about the Giva franchise apply online process, you must read the next section where we shall mention all the necessary steps you need to follow.

How to Apply for Giva Franchise?

To apply for Giva franchise, you need to follow the steps explained below:

Step 1: Visit the official franchise page of Giva website.

Step 2: Once you are on the page, you need to fill the franchise form with necessary details like Name, Mobile Number, Email Address and the Place where you want to open the franchise of Giva. 

Step 3: Once you fill in all the necessary information, make sure they’re correct.

Step 4: Now, you must click on the ‘Contact Us’ button. 

After completing all the necessary steps, you must wait for the Giva team to get in touch with you, via phone or email, to discuss Giva franchise details. If you need assistance in the Giva franchise application process, you can connect with a franchise partner.

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Conclusion

Giva is one of the best jewellery brands. Even though the company was founded just a few years ago in 2019, it quickly became a well-known brand within a short period of time. The company follows an omnichannel approach that combines online sales with physical stores. Giva is known for its authentic, affordable and handcrafted pieces. It provides authenticity certificates with its products. Additionally, it features 30-day returns and a 6-month warranty on jewellery. To own a Giva Franchise, you must visit the franchise page of the official website of Giva and fill the franchise application form with all the necessary information.

If you need professional guidance/assistance in opening a gold or silver franchise business in India, do not hesitate to get in touch with our business registration and compliance experts at Registrationwala. We will help you in fulfilling all the legal formalities and regulatory requirements (like BIS hallmark registration, GST registration, etc.) for starting and running a franchise business in India successfully!

Frequently Asked Questions (FAQs)

Q1. Does Giva offer franchise opportunities?

A. Yes, Giva offers franchise opportunities to investors who want to enter the jewellery industry.

Q2. Where is Giva head office?

A. Giva head office is located at Bengaluru, Karnataka. 

Q3. What is Giva franchise profit margin?

A. Giva franchise profit margin depends on various factors like the franchise area (whether at a mall, stand-alone store, etc), customer demand, etc.

Q4. What is Giva franchise investment?

A. Giva franchise investment is estimated to be between Rs. 30 lakhs to Rs. 45 lakhs, as per online sources. 

Q5. Who are the founders of Giva?

A. The Giva founders are Ishendra Agarwal and Nikita Prasad. Ishendra Agarwal currently serves as the CEO of the company and Nikita Prasad serves as the company’s Creative Head.

Q6. Is Giva owned by Anushka Sharma?

A. No, Giva is not owned by Anushka Sharma. She is the brand ambassador of Giva, and not its owner. The founders of the company are Ishendra Agarwal and Nikita Prasad.

Q7. Does Giva sell hallmarked jewellery?

A. Yes, Giva sells hallmarked jewellery.

Q8. Is Giva owned by Tata?

A. No, Giva is not owned by Tata.

Disclaimer: While we have made every effort to provide accurate and latest information in this article, we do not guarantee the 100% completeness or accuracy of the information. This content is for informational purposes only and should not be treated as business, legal or financial advice.

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