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Palmonas sells affordable demi-fine jewelry, including gold-plated silver pieces, through online and retail channels.
Palmonas is a Pune-based Indian jewelry brand founded in 2022 by Pallavi Mohadikar, Amol Patwari and Shraddha Kapoor. It sells gold-plated silver rings, necklaces, earrings and bracelets online and through retail outlets. In March 2026, it raised USD 40 million in Series B funding co-led by Xponentia Capital and Vertex Growth, with participation from Vertex Ventures. The funding is intended to support store expansion and strengthen its omnichannel presence in India.
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