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 441 active competitors, including 32 funded and 11 that have exited. Its top competitors include companies like GIVA, Kalyan Jewellers 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.
- Website
- www.caratlane.com/
- Social
- Email ID
- *****@caratlane.com
- Phone Number
- +91 **********
- Registered Address
- 6th Floor,Olympia Cyberspace, 21/22, Alandur Road, Arulayiammanpet, 2nd Street, Guindy, Guindy Industrial Estate, Chennai, Chennai City Corporation, Tamil Nadu, India, 600032
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
Investors
Ranked
2nd among 441 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
1,545 as on Aug 31, 2025
Exit Details
Acquired by Titan Company (May 06, 2016)
Legal entities associated with CaratLane
CaratLane is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CARATLANE TRADING PRIVATE LIMITED CIN: U52393TN2007PTC064830 , India, Active | Sep 20, 2007 | ₹1,000+ Cr (As on Mar 31, 2025) | 1635 (As on Apr 01, 2026) |
CaratLane's acquisition details
CaratLane got acquired by Titan Company on May 06, 2016 at an acquisition amount of $*****.
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:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 09, 2014 | 5164544 | Series D | 1298406 | 8674572 | 3221722 | 5309067 |
May 13, 2013 | 4243401 | Series C | 3226420 | 9481926 | 6378268 | 4776606 |
Mar 09, 2012 | 2809092 | Series B | 3312040 | 7887276 | 2393317 |
Access funding benchmarks and valuations. Sign up today!View details of CaratLane's funding rounds and investors
CaratLane's founders and board of directors
Founder? Claim ProfileThe founders of CaratLane are Mithun Sacheti, Avnish Anand, Srinivasa Gopalan and Gurukeerthi Gurunathan.
Here are the details of CaratLane's key team members:
- Mithun Sacheti: Co-Founder of CaratLane. They are also an angel investor in 16 startups and serve on the board of 1 company.
- Avnish Anand: Former Co-Founder of CaratLane and founder of 1 other company. They are also an angel investor in 4 startups.Contact Info: 1 email address
- Srinivasa Gopalan: Co-Founder of CaratLane. Contact Info: 1 email address
- Gurukeerthi Gurunathan: Co-Founder & CTO of CaratLane. Contact Info: 1 email address and 1 phone number
CaratLane's Board of Directors
CaratLane's board has 3 active members. Venkataraman Krishnamurthy Coimbatore, . Saumenbhaumik and Revathi Kant are independent board members.Here is the list of CaratLane's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 1y 9m | |
ohyro{j | Independent board member | - | Current | 5y 4m |
cetjvnt | Independent board member | - | Past | 9y 7m |
mlg{t{u | Independent board member | - | Past | 4y 7m |
mboqhed | Independent board member | - | Past | 7y 3m |
View details of CaratLane's Founder profiles and Board 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:
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CaratLane's Competitors and alternates
Top competitors of CaratLane include GIVA, Kalyan Jewellers and Palmonas. Here is the list of Top 10 competitors of CaratLane, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Retailer of silver, gold, and lab-grown diamond jewellery | $133M | 85/100 | ||
2nd | Internet-first brand offering precious jewelry products for men and women | $57.9M | 75/100 | ||
3rd | Kalyan Jewellers 1993, Thrissur (India), Public | Retail chain of jewellery | $321M | 71/100 | |
4th | Online retailer of demifine jewellery crafted with gold and silver | $47.3M | 71/100 | ||
5th | Online retailer of lab-grown diamond rings, earrings, pendants, and more | $49M | 70/100 | ||
6th | _1525927724739.png?devicePixelRatio=2&height=30&width=30){kind=logo} Senco Gold And Diamonds 1994, Kolkata (India), Public | Retailer of gold, diamond, platinum jewellery, coins and bars for men and women | $22.9M | 67/100 | |
7th | Online platform offering lab-grown diamond jewellery | $3.62M | 65/100 | ||
8th | Thangamayil Jewellery 1991, Madurai (India), Public | Retail jewellery store offering multiple gold and silver products | - | - | 64/100 |
9th |  Malabar Group 1993, Kozhikode (India), Funding Raised | Internet first brand of jewelry and watches | - | - | 64/100 |
10th | Fine jewelry brand | - | - | 64/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on CaratLane's competitors? Click here to see the top ones
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
Filter this listMedia has covered CaratLane for a total of 8 events in the last 1 year, 4 of them have been about company updates and 1 about partnerships.
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CaratLane launches Shaya Diamonds, bringing natural diamonds to silver for the first time in IndiaMedia Bulletins•Dec 15, 2025•CaratLane
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Baanhem Ventures Onboards Business Icons as Investors for Startup Singam's Funding RoundIndian Startup Times•Sep 24, 2025•Startup Singam, M2P Fintech, IppoPay, TVS Capital Funds and 5 others
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CaratLane selects MoEngage to power agile and personalised omnichannel engagementExpress Computer•Jul 30, 2025•MoEngage, CaratLane
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Titan's CaratLane to grow and open more stores as young Indians embrace low-carat jewelleryMoneycontrol•Jun 09, 2025•CaratLane
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