Shraddha Kapoor-backed demi-fine jewellery brand Palmonas has raised ₹55 crore in Series A funding led by Vertex Ventures SEAI. Founded in 2022, the company bridges fast fashion and fine jewellery with waterproof, skin-safe designs. The capital will support 100 new stores, expansion of its 9kt gold line, and growth in everyday luxury markets in India and abroad.