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theentrepreneurstories.com > Blog > ES Money > Startup > Luxury No Longer Costs a Fortune: Nayantra’s Bold Move in India’s Jewellery Market giving tough competition to Giva & palmonas
Startup

Luxury No Longer Costs a Fortune: Nayantra’s Bold Move in India’s Jewellery Market giving tough competition to Giva & palmonas

Puneet Yadav
Last updated: October 8, 2025 4:40 pm
Puneet Yadav Published October 8, 2025
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The jewellery landscape in India is undergoing an enormous shift, and in the middle of it all is Nayantra, quietly but confidently rewriting the rules of affordable luxury. While the known players are still acting on yesterday’s rules, this new Delhi-based player is causing a disruption in the market that has the former players scrambling to keep up.

Nayantra is just such a new jewellery label with a design focus operating in the ₹1,500–₹3,500 price band, and it is already being heard among shoppers who want something other than costume pieces, but aren’t necessarily ready to pay for premium fine-jewellery prices.

Nayantra.com is making known that it is the brand for the contemporary Indian, focusing on longevity, the ability to wear their pieces daily, and the purpose of their design, using quality metals with plated gold finishes, premium silver, the very best steel available, and beautiful semi-precious stones that were carefully sourced for Nayantra.

A new proposition for the everyday wearer

Nayantra does not require its customers to pick affordability or quality: it introduces another option: good quality, stylish jewellery made for every-day; not exclusively for special occasions.

The Material Advantage

The use of intriguing high-quality base metals with 18K gold plating gives the look and feel of solid gold but at a small fraction of the price. The sterling silver makes for long-lasting pieces that resist tarnishing. Premium steel adds a modern edge and durability. Semi-precious stones create sparkle and elegance without the price tag.

Combining these materials enables Nayantra to offer pieces that might sell for above ₹6000 at a traditional jeweller for a target and affordable range of ₹1,500 – ₹3,500. The combination of great value and quality is proving to be a compelling offer for consumers who are mindful of their budget, but still expect great quality.

Modern with an element of versatility and distinctly Indian

Nayantra’s design perspective feels modern while respectfully acknowledging India’s bountiful jewellery heritage. The brand focuses on polished forms, clean lines, and wearability with pieces that will fit different contexts: office, casual weekend brunches, small celebrations, and travels, instead of recreating heavy ethnic motifs or chasing ill-fated fast fashion trends.

Digital-First Strategy: Disrupting Traditional Retail Models

While legacy jewellery brands are still heavily dependent on physical showrooms and traditional marketing, Nayantra has embraced a digital-first approach that’s perfectly aligned with contemporary consumer behaviour.

Quality control and customer experience

Every promising product is backed by a series of quality control processes that manage consistency from one purchase to the next. They seem to prioritize quality control at every stage from material sourcing, finishing standards, and packaging to final inspection.

Just as valuable is the other differentiator is customer experience. Thoughtful packaging, easy care instructions, and easy return or exchange policies build trust in the price range of what consumers are still testing as a new brand. Where they practice transparency about materials and wear, Nayantra further steers cautious first-time shoppers towards being retuning customers.

Efficiency in the Direct-to-Consumer Model

The direct-to-consumer structure of Nayantra eliminates the markups made by the intermediary dealers, therefore enabling the brand to provide high quality at reduced prices. Advanced inventory management systems and partnerships with just-in-time production processes allow the brand to achieve optimum inventory levels without the need for heavy capital investments that traditional jewellery retailers incur.

Financial Forecasts: The Road to Market Conquest

Industry analysts expect Nayantra, if current trends in growth and market conditions persist, to secure a 2-3% share of the Indian fashion jewellery market in a five-year time frame, equating to revenues of 40-60 crores.

Drivers of Revenue Growth

Product extensions to adjacent categories (Men’s jewellery, children’s jewellery)

Premium sub-brands with higher price target

International expansion to overseas Indian communities

B2B partnerships to fashion retailers and e-commerce platforms

Subscription-based rentals for outfits for occasion wear

Conservatively, Nayantra is expected to reach annual revenues of ₹80 crores by 2028, placing them among the fastest-growing jewellery brands in India.

The Threat to Other Players

Long-standing jewellery retailers are beginning to see the existential threat of brands like Nayantra – a powerful combination of better value proposition, digital-native approaches, and customer-driven design is compelling legacy players to think differently about their business models.

Brands such as Giva and Palmonas are contending with new competition from digital-first disruptors. Nayantra produces popular styles with better-than-average silver, gold-plated metals, surgical grade steel, and semi-precious stones in the price range of ₹1,500–₹3,500 for fashionable, durable, affordable jewellery.

Its aesthetically pleasing styled items, along with its emphasis on wearability, contemporary Indian designs, and ethical works appeals to millennial and Gen Z consumers that want both value and authenticity.

Nayantra garners attention away from brands like Giva and Palmonas with remarkable speed for its continual, rapid new product launches, influencer collaborations, and social media-friendly collections.

Consequently, legacy brands are faced with more challenging market conditions that require them to find ways to innovate, boost digital engagement, and reconsider competitive pricing strategies to retain market share.

The success of Nayantra is likely to inspire a new wave of jewellery entrepreneurs and force traditional players to accelerate their digital transformation efforts.

The Speed of Innovation is Everything

The ability to innovate quickly is now a key differentiator in the jewellery market. For instance, while a traditional brand takes 12-18 months to bring a new collection, Nayantra can identify trends and introduce new products in a matter of weeks (6-8 weeks).

This rapid innovation allows Nayantra to capitalize on trend-driven demand while its competitors are still considering the best response.

Distribution strategy: Smart reach without retail bloat

Nayantra’s intended price point is a good fit for online-first distribution and selective offline placement. Selling mainly direct provides better control of product images, pricing, and margin allocation.

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