First Cheque partially exits from Indian jewellery startup GIVA

Early-stage venture capital firm First Cheque has taken a partial exit from Bengaluru-based jewellery startup GIVA. It had invested an undisclosed amount in GIVA in 2019. The exit has given the VC firm 75 times return of the initial investment, Investment Lead Prateek Agarwal said. D2C brand GIVA was founded in 2019 by Nikita Prasad, Ishendra Agarwal and Sachin Shetty.