A Bengaluru startup bet that Indians would buy jewellery on a Tuesday, not just for a wedding. Six years and 300 stores later, that bet is worth close to half a billion dollars.
P. N. Gadgil Jewellers (PNG Jewellers) is one of India's oldest jewellery houses, founded in 1832 and headquartered in Pune, Maharashtra. The company designs and retails gold, diamond, silver and platinum jewellery through a fast-growing network of stores across Maharashtra, Goa and an outlet in the United States, plus an online D2C platform. After a heavily over-subscribed ₹1,100 crore IPO in September 2024, PNG Jewellers blends nearly two centuries of goldsmithing heritage with modern omnichannel retail, BIS hallmarking, lifetime buyback and a stable of Bollywood brand ambassadors.