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CaratLane - About the company

CaratLane is an acquired company based in Chennai (India), founded in 2008 by Mithun Sacheti, Avnish Anand, Srinivasa Gopalan and Gurukeerthi Gurunathan. It operates as an Internet-first brand offering precious jewelry products for men and women. CaratLane has raised $57.9M in funding from Tiger Global Management, with last known valuation of *****. The company has 228 active competitors, including 13 funded and 2 that have exited. Its top competitors include companies like GIVA, BlueStone and PALMONAS.

Company Details

Internet-first brand offering precious jewelry products for men and women. The product catalog includes earrings, rings, necklaces, bangles, bracelets, nose pins, nose rings, chains, and more. The company claims that the products are made of gold, silver, diamond, and more. The mobile application is available for Android and iOS users.
Social
XFacebook
Email ID
*****@caratlane.com
Phone Number
+91 **********
Registered Address
727, Anna Salai, Pathari Road, Thousand Lights, Chennai, Greams Road, Chennai, Chennai, Tamil Nadu, India, 600006
Key Metrics
Founded Year
2008
Location
Chennai, India
Stage
Acquired
Total Funding
$57.9M in 4 rounds
Latest Funding Round
Last Known Valuation
***** as on Aug 19, 2023
Ranked
Annual Revenue
₹4,230Cr as on Mar 31, 2025
Employee Count
1,545 as on Aug 31, 2025
Similar Companies
Exit Details
Acquired by Titan Company (May 06, 2016)

CaratLane's acquisition details

CaratLane got acquired by Titan Company on May 06, 2016 at an acquisition amount of $53.6M.
Click here to take a look at CaratLane's acquisition in detail
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CaratLane's funding and investors

CaratLane has raised a total funding of $57.9M over 4 rounds. Its first funding round was on Feb 03, 2011. Its latest funding round was a Series D round on Dec 09, 2014 for $*****. 1 investor participated in its latest round. CaratLane has 2 institutional investors and 11 angel investors.

Here is the list of recent funding rounds of CaratLane:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 09, 2014
9285609
Series D
1592730
5057910
3209137
2735674
May 13, 2013
7965019
Series C
6748947
4262579
6968886
8729902
Mar 09, 2012
8733334
Series B
5279564
8814216
6445260
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CaratLane's founders and board of directors

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Here are the details of CaratLane's key team members:

CaratLane's employee count trend

CaratLane has 1,545 employees as of Aug 25. The total employee count is 9.0% lower than what it was in Aug 24. Here is CaratLane's employee count trend over the years:
Employee count trend for CaratLane
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CaratLane's Competitors and alternates

Top competitors of CaratLane include GIVA, BlueStone and PALMONAS. Here is the list of Top 10 competitors of CaratLane, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for GIVA
GIVA
2019, Bengaluru (India), Series C
Online retailer of gold, lab-grown diamond, and silver jewellery
$133M
85/100
2nd
Logo for BlueStone
BlueStone
2011, Bengaluru (India), Public
Digital-first brand offering subscription-based jewelry
$255M
84/100
3rd
Logo for CaratLane
CaratLane
2008, Chennai (India), Acquired
Internet-first brand offering precious jewelry products for men and women
$57.9M
75/100
4th
Logo for PALMONAS
PALMONAS
2022, Pune (India), Series B
Online retailer of demifine jewellery crafted with gold and silver
$19.3M
70/100
5th
Logo for Melorra
Melorra
2015, Bengaluru (India), Series E
Internet-first brand offering precious jewelry
$88.3M
53/100
6th
Logo for AVNI
AVNI
2020, Bengaluru (India), Unfunded
Online retailer of high-quality silver jewelry
-
-
52/100
7th
Logo for Gargi
Gargi
2021, Pune (India), Funding Raised
Internet first brand offering jewellery
-
47/100
8th
Logo for AMARIS
AMARIS
2012, Delhi (India), Unfunded
Internet first brand of diamond Jewelry
-
-
43/100
9th
Logo for GemPundit
GemPundit
2013, Gurugram (India), Seed
Online retailer of loose gemstones and gemstone-set jewelry pieces
$53.2K
-
43/100
10th
Logo for Izaara
Izaara
2016, Mumbai (India), Unfunded
Designer and retailer of fine silver jewellery
-
-
40/100
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CaratLane's Investments and acquisitions

CaratLane has made no investments or acquisitions yet.

Reports related to CaratLane

Here is the latest report on CaratLane's sector:

News related to CaratLane

lockFilter this list
Media has covered CaratLane for a total of 13 events in the last 1 year, 8 of them have been about company updates and 2 about partnerships.
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FAQs about CaratLane

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