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Hyderabad-based Goyaz has raised Rs 130 crore ($14.6 million) in a Series A funding round led by Norwest Venture Partners to expand its retail footprint and enhance its capabilities.

PRIVATENov 03, 2025

Amount Raised

₹1.3 Billion

Round Type

Series A

HyderabadE CommerceFashionRetailJewelry

Investors

Norwest Venture Partners

Description

Goyaz, a Hyderabad-based jewellery brand, raised Rs 130 crore to support its growth in key markets. This Series A funding round marks the company's first institutional investment led by Norwest Venture Partners. The capital will be used to enhance design, manufacturing, and omnichannel presence. Founded in January 2023, Goyaz offers affordable gold-plated silver jewellery.

Quick answer

Goyaz raised ₹1.3 Billion in a Series A round, dated November 3, 2025. Investors: Norwest Venture Partners. Goyaz is based in Hyderabad, Telangana, India.

How much did Goyaz raise?
Goyaz raised ₹1.3 Billion in a Series A round on November 3, 2025.
Who invested in Goyaz?
Norwest Venture Partners is named as investors in this round.
What does Goyaz do?
Goyaz is a Hyderabad-based jewellery brand specializing in gold-plated silver jewellery.
Where is Goyaz based and how big is it?
Goyaz is based in Hyderabad, Telangana, India.

Source: Fundz verified event record.

Who else raised in E Commerce and Fashion around the same time

Companies in the same sectors as Goyaz that raised within 45 days of this round, from Fundz verified event records.

  • Moxie Beauty raised $15M (Series A) on December 16, 2025.
  • IPF raised $375K (Seed) on December 15, 2025.
  • Wakefit raised $64M (IPO) on December 6, 2025.
  • Qween raised $111M on December 4, 2025.
  • ReplyAll raised $754K (Seed) on December 3, 2025.
  • ONYA raised $617K (Pre-Seed) on November 26, 2025.

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Company Information

Company

Goyaz

Location

Hyderabad, Telangana, India

About

Goyaz is a Hyderabad-based jewellery brand specializing in gold-plated silver jewellery. Founded in January 2023 by Priyanka Vemuluri, the brand offers both bridal and contemporary designs that combine traditional craftsmanship with modern aesthetics. Goyaz aims to provide an affordable yet elegant alternative to conventional gold jewellery amid rising gold prices. The company has rapidly expanded to 18 stores across multiple states since its launch.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Goyaz raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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