Palmonas Expands Retail Presence with New Store in Pune

Palmonas, India’s first demi-fine jewellery brand co-owned by Bollywood actor Shraddha Kapoor, has strengthened its retail footprint with the launch of a new store in Pune. This marks the brand’s fifth store as it continues to cater to the growing demand for accessible luxury jewellery

Post By : IJ News Service On 31 January 2025 3:06 PM

Located in Tribeca Highstreet, the 415-square-foot store offers a curated collection of elegant and affordable jewellery designed for modern women. The brand’s expansion underscores its commitment to making demi-fine jewellery more accessible across India.

Girish Kamble, Regional CEO of Tribeca, expressed enthusiasm about the addition, stating, “Tribeca Highstreet stands as the largest high street in Pune, bringing together a diverse and unparalleled retail experience. Adding Palmonas to our existing jewellery portfolio, which features renowned brands like Bluestone, CaratLane, Orazza, Mia by Tanishq, and Giva, enhances our offerings for discerning shoppers.”

Kamble further highlighted the mall’s dynamic growth, saying, “Our leasing momentum has been remarkable, and we envision Tribeca Highstreet as a unified destination offering everything from luxury fashion and fine dining to the largest gaming arcade in the region.”

Founded in 2022 by Pallavi Mohadikar and Amol Patwari, Palmonas is rapidly gaining traction in the jewellery market. The brand reports a remarkable 200 percent year-on-year growth and plans further expansion to sustain its growth trajectory.

With its latest store opening, Palmonas continues to blend style, craftsmanship, and affordability, positioning itself as a key player in India’s evolving jewellery landscape.

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