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Fashion · Pune, Maharashtra

Palmonas

Demi-fine, anti-tarnish jewellery brand.

Founded by Pallavi Mohadikar

Verified by Women Can Startup

Snapshot

Founded
2023
Headquarters
Pune, Maharashtra
Industry
Fashion
Business model
D2C
Funding stage
Series B
Employees
51-200
Revenue
₹30-50 Cr
Markets
India
Last updated
25 June 2026

About Palmonas

After building an ethnic-wear D2C business, she co-founded Palmonas with her husband to do for diamond jewellery what D2C has done for skincare — clear pricing, modern brand, scientifically real stones.

Founder

Pallavi Mohadikar

Woman Founder

Co-founder & CEO

Co-founders: Shraddha Kapoor and Dr. Amol Patwari — Co-founders.

Industry classification

Fashion Jewellery

Funding

Total raised~₹62 Cr (₹55 Cr Series A, 2025)Latest roundSeries B

Investors: Vertex Ventures SEA & India, Namita Thapar, Ritesh Agarwal

Ideal customers

Consumers (D2C)

Typical customer segments for a fashion company.

Awards & recognition

  • Shark Tank India deal

Founder story

In-depth profile

How Pallavi Mohadikar built Palmonas

After building an ethnic-wear D2C business, she co-founded Palmonas with her husband to do for diamond jewellery what D2C has done for skincare — clear pricing, modern brand, scientifically real stones.

Read the story →

Website, social

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Frequently asked questions

What does Palmonas do?
After building an ethnic-wear D2C business, she co-founded Palmonas with her husband to do for diamond jewellery what D2C has done for skincare — clear pricing, modern brand, scientifically real stones.
Who founded Palmonas?
Palmonas was founded by Pallavi Mohadikar.
Where is Palmonas headquartered?
Palmonas is headquartered in Pune, Maharashtra, India.
Is Palmonas funded?
Yes — Palmonas is venture-funded and has reached the Series B stage.
When was Palmonas founded?
Palmonas was founded in 2023.