Jewellery brand Palmonas expands footprint with store in Pune

Palmonas, India’s first demi-fine jewellery brand co-owned by Bollywood actor Shradhha Kapoor has expanded its retail footprint with the launch of its fifth store in Pune.

The store located in Tribeca Highstreet spanning across an area of 415 sq ft offers a wide range of accessible luxury jewellery for women.

Commenting on the launch, Girish Kamble, regional CEO of Tribeca in a statement said, “Tribeca Highstreet stands as the largest highstreet in Pune, bringing together a diverse and unparalleled retail experience. Adding to our existing jewelry portfolio which features renowned brands like Bluestone, Caratlane, Orazza, Mia by Tanishq, and Giva, we welcome Palmonas to the community.”

“Our leasing momentum has also been remarkable, and we envision Tribeca Highstreet as a unified destination under one roof, offering everything from luxury fashion and fine dining to the largest gaming arcade in the region,” he added.

Founded in 2022 by Pallavi Mohadikar and Amol Patwari, Palmonas offers a wide range of jewellery at affordable prices. The brand claims it is currently growing at 200 percent year-on-year and aims to expand its footprint to fuel growth in the coming years.