GIVA

11 statements across 3 episodes · 4 bullish · 2 bearish · 3 people on the record · first statement Nov 1, 2021 by Kushal Bhagia · said 33 times in 5 episodes since 2021 · across every show →

Mentions by year

brought up most by Ishendra Agarwal (10), Siddhartha Ahluwalia (8), Kushal Bhagia (4), Anand Lunia (3), Kunal Bahl (2)

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Everything said about GIVA, oldest first

Nov 1, 2021 positive
Disclosure
First Cheque's breakout portfolio startups include GIVA, Fashinza, and Fleetx
“So I would say Jeeva. Jeeva is doing really, really well. It's a DTC silver jewelry brand. Fashions are doing really, really well. It's a BtoB marketplace for the fashion supply chain. Then FleetX is doing really well. It's a SaaS company which enables fleet o…”
Kushal Bhagia Nov 1, 2021 ▶ 14:08 ​@firstcheque7252 CEO on Early Stage Investing and investments from founders ft. Kushal Bhagia
Nov 3, 2023 positive
Assertion Supported
Lunia: D2C brand GIVA does 25-30 crore monthly net revenue
“They're like, Almost some 25, 30 crores of revenue monthly, monthly net revenue, right?”
Anand Lunia Nov 3, 2023 ▶ 37:50 The India Opportunity, Youth’s BIGGEST Problem & Future of Startups | India Quotient VC on Neon Show
Feb 16, 2024 neutral
Assertion Not checkable as stated
Amazon US had 46 silver jewelry bestsellers compared to India's one
“Amazon has this top hundred best seller in every category. I looked at India top hundred best seller and there was one silver Product and rest all were artificial. And I looked at that similar data for U.S. And for Germany. U.S. Had 46 silver products out of h…”
Ishendra Agarwal Feb 16, 2024 ▶ 17:33 Understanding Indian consumers & breaking down jewellery brands w/ GIVA Founder Ishendra Agarwal
Feb 16, 2024 negative
Assertion Not checkable as stated
Agarwal: GIVA received zero orders in its first three months
“When we were starting for the first three months, we didn't get any order.”
Ishendra Agarwal Feb 16, 2024 ▶ 22:59 Understanding Indian consumers & breaking down jewellery brands w/ GIVA Founder Ishendra Agarwal
Feb 16, 2024 neutral
Assertion Partly supported
Agarwal: India's annual silver jewelry consumption is roughly 2,300 tons
“If you look at the silver consumption last year, if you look at the silver consumption in jewelry only, so it was around 2300 tons.”
Ishendra Agarwal Feb 16, 2024 ▶ 29:30 Understanding Indian consumers & breaking down jewellery brands w/ GIVA Founder Ishendra Agarwal
Feb 16, 2024
Disclosure
GIVA fully outsources manufacturing across five countries
“So, we don't we don't do any manufacturing. All our manufacturing is outsourced to our manufacturing partners. And this is our India, China, Thailand, Turkey, Italy, and five countries, my manufacturing partners.”
Ishendra Agarwal Feb 16, 2024 ▶ 42:16 Understanding Indian consumers & breaking down jewellery brands w/ GIVA Founder Ishendra Agarwal
Feb 16, 2024 neutral
Assertion Not checkable as stated
Agarwal: 70% of GIVA's business is online
“Now, the majority of business is online. Now, our 70% business is online.”
Ishendra Agarwal Feb 16, 2024 ▶ 35:50 Understanding Indian consumers & breaking down jewellery brands w/ GIVA Founder Ishendra Agarwal
Feb 16, 2024 negative
Insight
Agarwal: Silver lacked major brands like Tanishq to establish quality standards
“In gold because you have so many brands, right? You have Tanish, Kalyan Malabar who are setting the standards of quality, setting the standards of this is the serviceability we need to give to the user. We need to offer buyback to the user, et cetera. In silve…”
Ishendra Agarwal Feb 16, 2024 ▶ 18:35 Understanding Indian consumers & breaking down jewellery brands w/ GIVA Founder Ishendra Agarwal
Feb 16, 2024 neutral
Assertion Not checkable as stated
Agarwal: Gold jewelry making charges are 20x silver per kilogram
“So, if you buy one kilo gold jewelry versus one kilo silver jewelry, then gold's making charge will be twenty-x silver.”
Ishendra Agarwal Feb 16, 2024 ▶ 31:25 Understanding Indian consumers & breaking down jewellery brands w/ GIVA Founder Ishendra Agarwal
Feb 16, 2024 positive
Insight
Agarwal: Modern Indian women prefer multiple lightweight sets over heavy gold
“Women don't want to buy, if you ask the modern women, they don't want to buy one kg I want to buy a set of 10 or five lakhs for one lakhs for 10 sets They need 10 sets because they can wear different occasions”
Ishendra Agarwal Feb 16, 2024 ▶ 38:53 Understanding Indian consumers & breaking down jewellery brands w/ GIVA Founder Ishendra Agarwal
Feb 16, 2024 positive
Assertion Not checkable as stated
Agarwal: GIVA operates about 89 stores, with 86 being profitable
“So for example, now we have around 89 stores. And in this case, 86 stores are all profitable.”
Ishendra Agarwal Feb 16, 2024 ▶ 35:16 Understanding Indian consumers & breaking down jewellery brands w/ GIVA Founder Ishendra Agarwal
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