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Home > Startups > Funding > Trisu completes pre-seed funding round led by All In Capital

Trisu completes pre-seed funding round led by All In Capital

The round also saw participation from JK Tyres, Amaanta Group, and angel investors Himanshu Aggarwal and Sumer Sethi.

Abhinav Kumar Singh
Last updated: September 22, 2024 4:00 PM
By Abhinav Kumar Singh
Trisu completes pre-seed funding round led by All In Capital
Trisu completes pre-seed funding round led by All In Capital
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Trisu, a vermeil jewellery brand, has completed its first pre-seed funding round, led by early-stage venture capital firm All In Capital. The round also saw participation from JK Tyres, Amaanta Group, and angel investors Himanshu Aggarwal and Sumer Sethi.

The company plans to use the funds to enhance customer acquisition, drive product innovation, and support market expansion.

“With this funding, we aim to disrupt India’s $80 billion jewellery market with unique vermeil pieces that look like solid gold but cost a fraction. Our goal is to become the top gold alternative and capture 10% of the everyday gold jewellery market by 2034,” said Saloni Chopra, Founder of Trisu.

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“Saloni makes for a great Founder-Market-fit for this category, given her earlier stints. Building a brand for the female TG needs customer centricity flowing top down in an organisation and Saloni fulfills that perfectly,” said Aditya Singh, Co-Founder at All In Capital.

Founded by Saloni Chopra in 2023, Trisu offers gold vermeil jewellery with 18-karat gold plating that is five times thicker than standard gold plating, using silver as the base metal.

Trisu is named after Saloni’s parents, Trilok and Sushma. Sushma Chopra, who passed away in August 2023, was the heart of the brand.

With its head office in Gurgaon and manufacturing site in Jaipur, Trisu has achieved 24x growth within eight months of operation. The company aims to generate $1 million (₹8 crore) in monthly recurring revenue by 2025 and open ten shops and five exclusive outlets by December 2026.

With over a decade of experience in her family’s jewellery business, Saloni was also an early employee at Blissclub, where she helped scale the brand from ₹3 crore to ₹100 crore in ARR.

In just eight months, Trisu has attracted over 5,000 active users who appreciate its designs for their close resemblance to solid gold. The chains segment is the company’s top revenue driver, followed by necklaces and bracelets.

By the end of this year, Trisu plans to expand its presence across all marketplaces, including quick commerce platforms.

The founding team also includes Shrey Bansiwal, who has experience with Oyo, Urban Company, and Blissclub, and Mahak Chopra, who brings over a decade of brand-building experience from Singapore.

TAGGED:All In CapitalAmaanta GroupJK TyresTrisu

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