CaratLane - About the company
CaratLane is an acquired company based in Chennai (India), founded in 2008 by 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 488 active competitors, including 27 funded and 6 that have exited. Its top competitors include companies like BlueStone, Palmonas and Mia By Tanishq.
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/
- 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
3rd among 488 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 | Reports |
|---|---|---|---|---|
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:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 09, 2014 | 8499972 | Series D | 9000914 | 4683047 | 6219418 | 6233273 |
May 13, 2013 | 8866956 | Series C | 6040138 | 8205927 | 3527665 | 7271168 |
Mar 09, 2012 | 8152904 | Series B | 2604364 | 7810932 | 4170908 |
View details of CaratLane's funding rounds and investors
CaratLane's founders and board of directors
Founder? Claim ProfileHere are the details of CaratLane's key team members:
- Avnish Anand: Former Co-Founder of CaratLane and founder of 1 other company. They are also an angel investor in 6 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 | 2y 2m | |
ilkrgmy | Independent board member | - | Current | 3y 9m |
uazenzj | Independent board member | - | Past | 7y 1m |
ggahrcb | Independent board member | - | Past | 6y 4m |
ycjxldb | Independent board member | - | Past | 1y 9m |
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 BlueStone, Palmonas and Mia By Tanishq. 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 fine jewellery including gold, diamond, and gemstone designs | $228M | 82/100 | ||
2nd | Online retailer of demifine jewellery crafted with gold and silver | $47.3M | 78/100 | ||
3rd | Internet-first brand offering precious jewelry products for men and women | $57.9M | 75/100 | ||
4th | Mia By Tanishq 2011, Bengaluru (India), Unfunded | Internet first brand of fine jewellery | - | - | 67/100 |
5th | Online retailer of gold and diamond jewellery for various occasions | $638K | 66/100 | ||
6th | Internet-first brand offering precious jewelry | $88.3M | 56/100 | ||
7th | Manufacturer of gold vermeil jewellery featuring sterling silver cores and multi-layer gold plating | $608K | 53/100 | ||
8th | Online retailer of high-quality silver jewelry | $87.7K | 53/100 | ||
9th | Lucira Jewelry 2025, Mumbai (India), Seed | Retailer of lab grown diamond jewelry including rings and necklaces | $5.5M | 52/100 | |
10th | Kicky & Perky 2022, Jaipur (India), Unfunded | Retailer of sterling silver jewellery and accessories | - | - | 50/100 |
Looking for more details on CaratLane's competitors? Click here to see the top ones
Financials of CaratLaneFY 25 Available
CARATLANE TRADING PRIVATE LIMITED, the legal entity associated with CaratLane, generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of CARATLANE TRADING PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 36% in the last 1 year.
Financial Statement Summary
Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
Income Statement | |||||
Revenue | 5385 | 2422 | 7068 | 2383 | 4139 |
Total Sales | 7438 | 7423 | 2211 | 3088 | 1014 |
Total Expenses | 4892 | 3191 | 6216 | 3985 | 4280 |
Operating Expenses | 3558 | 7451 | 2280 | 7097 | 6310 |
Employee Expenses | 3551 | 6063 | 3311 | 6507 | 6399 |
Marketing Expenses | 1711 | 9058 | 6894 | 2288 | 6912 |
Operating Income (EBIT) | 4109 | 7436 | 5316 | 8281 | 5831 |
Interest Expenses | 3346 | 3198 | 4018 | 4464 | 4130 |
Expenses from other activities | 8333 | 1229 | 2221 | 3497 | 3305 |
Information Technology Expenses | 9901 | 4763 | 4809 | 2627 | 2119 |
EBITDA | 3869 | 5331 | 4210 | 2949 | 8226 |
Taxes | 7453 | 5368 | 7650 | 5020 | 4731 |
Net Profit | 8163 | 8845 | 3983 | 5152 | 8880 |
Balance Sheet | |||||
Assets | 3173 | 8832 | 6867 | 8493 | 5832 |
Cash Equivalent | 2922 | 5008 | 8848 | 3200 | 7773 |
Accounts Receivables | 7398 | 9842 | 4054 | 7225 | 1294 |
Inventory | 5888 | 4778 | 4289 | 3564 | 8048 |
Liabilities | 9855 | 7636 | 4933 | 2863 | 4885 |
Total Debt | 2341 | 6525 | 8954 | 4754 | 3322 |
Accounts Payable | 2790 | 3981 | 9525 | 9586 | 3883 |
Equities | 4991 | 5196 | 8480 | 5373 | 6857 |
Cashflow Statement | |||||
Cash from Operating activities | 7333 | 8606 | 1756 | 7997 | 3828 |
Cash from Investing activities | 6609 | 9729 | 2298 | 7112 | 7342 |
Net cash from Financing activities | 1679 | 3927 | 1383 | 6143 | 3878 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
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
Media has covered CaratLane for a total of 10 events in the last 1 year, 6 of them have been about company updates and 2 about partnerships.
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Paytm partners with CaratLane to expand Digital Gold use cases to jewellery purchasesThe Tribune•Sep 04, 2026•Paytm, CaratLane
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Leah Partners with Oracle and PwC to Take Its Agentic Operating System GlobalOracle•Aug 13, 2026•Leah, Oracle, CaratLane
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CaratLane Accelerates Omnichannel Expansion with 359 Stores, Global Growth Plans, and Quick Commerce PushD2C Insider•May 18, 2026•CaratLane
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Jewellery retailers expand into men’s, kids’ categories to unlock new demandMint•Mar 21, 2026•Mia By Tanishq, CaratLane
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CaratLane and Shaya Empower the Next Generation of Global Talent with ‘Designathon’: Shaping the Future of JewelleryMedia Bulletins•Dec 19, 2025•CaratLane
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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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