Investor dossier · 2026
The first Argentia collection worn, Argentium silver against deep teal

India's first house of Argentium silver

That one-line message was bait. The jewellery is real.

Sourced from Argentium, UK·Designed and made in India·For the world

The collection · twelve in-house designs

Designed in-house. Cast in Argentium.

Nothing on this page is from a catalogue. All twelve designs were drawn in-house, then developed into the production renders below, ready to cast in Argentium 960.

From these references the designs travel to Jaipur, where hands that have worked silver since 1984 turn them into metal. The first castings arrive ahead of the Q3 2026 soft launch.

Design is the second moat. The first is the metal.

Double Hoop Echo Earring, in-house
Double Hoop Echo Earring
Two circles, one beat apart. The echo is the design.
In-house design · Argentium 960
Offset Bead Split Earring
Hammered Offset Oval
Hand-hammered, matte finished, an abstract oval in sculpted Argentium.
In-house design · Argentium 960
Split Band Ring
Split Band Ring
One band, divided. For the woman who contains more than one life.
In-house design · Argentium 960
Split Oval Negative Pendant
Split Oval Negative Pendant
An oval opened by a single line. What is removed is the point.
In-house design · Argentium 960
Double Hoop Echo Pendant
Double Hoop Echo Pendant
The earring's echo, carried at the throat. A beaded core inside two travelling circles.
In-house design · Argentium 960
Offset Bead Split Earring
Offset Bead Split Earring
A hollow oval above, a beaded wedge below. Off balance on purpose.
In-house design · Argentium 960
Hollow Capsule Pendant
Hollow Capsule Pendant
A capsule of negative space, split from the right, three stones where the line breaks.
In-house design · Argentium 960
The Night and Emerald Pulse
The Night & Emerald Pulse
By day, timeless poise in emerald enamel. By night it blinks, catching starlight to guide her home.
In-house design · Argentium 960
Floating Sparkle Sphere
Floating Sparkle Sphere
A pavé sphere suspended in an open channel. It moves when she does.
In-house design · Argentium 960
Minimal Curved Pendant Necklace
Minimal Curved Pendant
A half-cut bead on a single curve, grooved once. Minimal until the light finds it.
In-house design · Argentium 960
Arch Drop Concept
Arch Drop Concept
An arch, inverted. Architecture for the collarbone.
In-house design · Argentium 960
Sleek Bar Sphere Pendant
Sleek Bar Sphere Pendant
A sleek bar, a single bead, a full stop. Punctuation in Argentium.
In-house design · Argentium 960

All twelve designs are proprietary to Argentia, designed in-house, 2026. Production renders shown; first castings arrive ahead of the Q3 soft launch.

Argentium The Journal

Meet the silver behind Argentia

Three short reads on Argentium: why it resists tarnish, how it differs from sterling, and why it sits gently on skin.

The thirty second version

For the investor with forty-seven unread decks.

01

India's jewellery market crossed ₹7 lakh crore in 2025, and silver repriced +175% in one year.

02

51% of Indian Gen Z now prefer silver over gold, and 64% of non-wedding diamond jewellery is self-purchased by women.

03

GIVA built ₹523 crore of revenue on sterling that tarnishes. The premium tier above it is empty.

04

We hold the licence to Argentium 960, sourced from the alloy's inventor in London. No Indian brand is built on it.

05

Soft launch Q3 2026, closed waitlist of 500. We are raising our first round, and we want money plus marketing minds.

That is the deck. Everything below is the proof.

Chapter 01 · The market

Three lines crossed in 2025.

The price, the customer and the category moved in the same direction, in the same year. Argentia stands where they intersect.

+175%
The price

Indian silver ran from about ₹85K per kg to above ₹2.4 lakh in a year. India imported $9.2bn of it, the most in the world. Silver is no longer the cheap metal.

51%
The customer

Of Indian Gen Z prefer silver over gold, and 49% want lightweight minimal design over heavy ornate. The preference has structurally flipped.

₹523 Cr
The proof

GIVA's FY25 revenue, up 87%, at a roughly ₹4,900 Cr valuation. Demand is proven, on silver that tarnishes. The tier above stands empty.

₹7 L Cr
Market 2025

India jewellery market, growing to a projected $92bn by 2030.

3267 M
Households

Indian households earning above $20K a year, 2025 to 2030. The buyer base more than doubles.

39.2%
Silver share

India's share of global silver consumption. The metal already lives here.

Gold is not in decline. It has simply been promoted to furniture.

MCX · Business Standard · Deloitte India 2026 · De Beers India Report 2026 · Vyansa Intelligence · Silver Institute

Chapter 02 · The problem

Her jewellery box has three problems.

Problem one

Gold

Occasion-led and family-purchased. Too precious for a Tuesday, so it lives in a bank locker.

Worn twice a year. Guarded all 365.

Problem two

Sterling 925

Alloyed with copper, the tarnish ingredient. Months of shine, then grey, then a pouch in a drawer.

Retired by Diwali, resented by spring.

Problem three

Plated demi-fine

The finish is a coating, not a material. When the microns wear through, the brand promise goes with them.

Temporary, by design.

The daily-wear tier between them, ₹2,000 to ₹25,000, has no defining brand. That vacancy is the company.

Chapter 03 · The material moat

Not silver. Argentium.

Argentium 960 is 96% silver, alloyed with germanium instead of copper. It tarnishes up to seven times slower than sterling, needs no plating, is hypoallergenic, and is made from 100% recycled silver.

We source the master alloy under licence from the inventor's own company. Most Indian brands cannot tell you where their metal comes from. We can name the street: Dunn Street, Dalston, London E8.

Argentium Winged Unicorn certification mark

The Winged UnicornPer-piece certification of 96% silver content, the Argentium Guild's globally recognised mark. Eligible on every Argentia piece.

Peter Johns, Master Silversmith and inventor of Argentium

Peter Johns

Master Silversmith · Inventor of Argentium · Patent, 1998

Invented the alloy at Middlesex University, London. We source directly from his company, in dialogue with Peter, Elizabeth and Clare.

"I am a trained silversmith and a Freeman of the Worshipful Company of Goldsmiths."

Interweave interview, 2019 · Portrait: Middlesex University film on Argentium

Why this is a moatA patented alloy, a licensed supply line, a guild certification, and a story that takes one sentence to tell and years to copy. Education is the cost of entry, and we are the ones holding the syllabus.

PropertySterling silver · 925Argentium 960 · Argentia
Silver content92.5%96.0%, exceeds the Britannia hallmark
Other alloyCopperGermanium, forms its own protective layer
TarnishWithin monthsUp to 7× more resistant
SkinNickel and copper allergies commonHypoallergenic, built for long-hour wear
BrightnessStandard white, plating upkeepBrighter than platinum. Nothing to re-plate, nothing to confess.
SourcingOften unspecified, mined100% recycled, ethically traceable
CertificationNone standardWinged Unicorn, per piece

Argentium Guild · Middlesex University ADRI · US patent, Johns, 1998

Chapter 04 · The target segment

The four women it was built for.

Researched personas, not guesses. In priority order, they represent roughly ₹40,000 to 80,000 crore of addressable demand if even 5% of the jewellery wallet shifts to modern silver.

Primary · The self-purchaser

Aanya, 29

Brand manager · Bandra · ₹35L

Lived in London, came back changed. Owns inherited gold and a drawer of tarnished sterling. Has read about Argentium and is waiting for an Indian brand to convince her.

Buys 4 to 8× a year, ₹3K to 15K a piece. Allergic to logos.
Secondary · The Gen Z builder

Riya, 24

Brand strategist · Powai · ₹12L

Layers stacks, discovers via Reels, decides via reviews. Loved Palmonas until the plating wore off. In market for something that lasts.

Buys monthly, ₹1.5K to 5K. The discovery node of her circle.
Tertiary · The gifting partner

Arjun, 34

Investment principal · Delhi · ₹80L+

Found CaratLane and Tanishq transactional. Wants a gift with provenance, packaging ritual and a story he can tell.

1 to 3 milestone gifts a year, ₹5K to 25K. Story-compares, not price-compares.
Quaternary · The NRI

Dr Meera, 42

Cardiologist · London · £180K

Allergic to nickel, wears silver daily, finds most western alloys still irritate. Has been waiting for a serious Indian silver house.

Buys quarterly, ₹10K+ a piece. Gifts heavily, both directions.

Personas built from Deloitte India 2026, De Beers India 2026 and primary category research

Chapter 05 · The position

The premium tier above demi-fine is empty.

Indian jewellery, mapped by material and how it is worn. Argentia moves into a tier no Indian brand currently holds.

Fine jewelleryTanishq · Mia · CaratLane · gold and diamond, occasion-led, locker-bound₹15K to lakhs
ArgentiaArgentium 960 · daily wear · certified · the tier we define₹2K to 25K
Demi-fine, platedPalmonas · Aulerth · the finish is a coating, and it leaves₹1K to 6K
Mass silverGIVA · Shyle · sterling 925, tarnishes in months₹500 to 3K

Closest cultural parallels: Aesop in restraint, Mejuri in everyday ease, Hermès in material storytelling. None of them in this tier, in this market, with this alloy.

Chapter 06 · The marketing engine

Attract. Convert. Close. Delight.

Editorial-led discovery, story-driven conversion, ritual-led retention. Built to compound, not to burn.

01

Attract

  • Founder-led Instagram, organic first
  • Editorial press: Vogue, ELLE, Voice of Fashion
  • SEO ownership of 'What is Argentium'
  • Collaborations: Forest Essentials, Nicobar
02

Convert

  • 'A Letter on Argentium', the founder essay
  • A polished Argentium sample, mailed free
  • WhatsApp early-access list, founder-run
  • Free engraving on first purchase
03

Close

  • No discounting, ever, from day one
  • Winged Unicorn certificate in every box
  • Hand-signed founder note
  • 30-day free returns, scarce drops
04

Delight

  • Unboxing as ritual, teal box, white ribbon
  • Lifetime polish service, free
  • 'Argentia Letters', a quarterly print mailer
  • Referrals rewarded in pieces, never discounts
D2C first · argentia.inInstagram + WhatsApp commerceNykaa · CLiQ Luxury · Ajio Luxe onlyNever Amazon · Never quick commerce

The sample mailer is the whole strategy in one envelope. She holds the metal, the metal does the selling.

Chapter 07 · The team

Two founders. One obsession.

Toshit Dangi, co-founder of Argentia

Toshit Dangi

Co-founder · Strategy & Operations

Built Argentia from category research to a live supply dialogue with Peter Johns's company in London. Leads brand, partnerships, financial structure and growth.

LinkedIn
Darshan Sancheti, co-founder of Argentia

Darshan Sancheti

Co-founder · Product & Manufacturing

Third generation in jewellery and silver trading. Leads design direction, manufacturing, sourcing logistics and product execution, including the in-house casting line.

One founder negotiates with London. The other negotiates with a furnace.

Argentium Silver Co.Material partner, London, under licence
Shah GemsManufacturing, Jaipur, since 1984
Argentium GuildWinged Unicorn certification, eligible
Social DoriBrand identity system

Chapter 08 · The honest page

Reasons not to invest.

Every deck buries these on slide 19 in nine point grey. We would rather you hear them from us, at full size.

01

We are pre-revenue.

Correct. Zero revenue, zero reviews, zero vanity metrics. You are early, which is the entire point of this page. The closed waitlist of 500 opens with the Q3 soft launch.

02

Nobody knows the word Argentium.

Nobody knew the words lab-grown either, and that category is now measured in billions. Education is the moat while it lasts, and we hold the supply relationship.

03

Two men, building for women.

We know. So the brand is built from her data, not our taste: four researched personas, a waitlist before a store, and a co-founder three generations deep in silver craft.

04

Silver prices are volatile.

The same volatility repriced the entire metal as premium in one year. We price as a brand, not a commodity, and Argentium carries the margin to absorb the swings.

Chapter 09 · The road ahead

A roadmap built around restraint.

Q2 2026 · now

Pre-launch

  • Brand identity locked, full editorial system
  • First samples cast
  • Material agreement with London finalised
  • Instagram engine in quiet motion
Q3 to Q4 2026

Launch

  • Closed waitlist of 500
  • First 30 pieces shipped
  • Public site live, first Editions drop
  • A Diwali that is not traditional
2027

Scale

  • NRI shipping, UK, US and Gulf
  • Guild certification, trunk shows
  • Men's collection, an unserved segment
  • Series A, if growth supports it

We play long games. The board is a ₹7 lakh crore market.

The ask

We bring the 200%. You bring the two things we cannot manufacture.

Draft Term Sheet
Founders' version · v1.0 · non-binding, unlike our commitment
Clause 01

The founders commit 200%. Both halves of it.

Clause 02

The investor brings guidance. We are coachable to a fault, and we answer WhatsApp at founder speed.

Clause 03

The investor brings funds. Round structure, instrument and cap to be agreed on a call, not assumed on a website.

Clause 04

Nobody discounts. Not the jewellery, not the effort.

Toshit Dangi  ·  Darshan Sancheti
Co-founders, Argentia

If you scrolled this far, you are either an investor or a customer. Both are welcome to call.