In the jewelry market of India, CaratLane is already a big name, and since Titan Company has already acquired them, no doubt, they have become even more famous. So, for those who have little to no idea about CaratLane yet, just keep on reading to find out things like Net Worth, Owner, CEO, Head Office, and much more.
| Company Name | CaratLane Trading Pvt. Ltd. |
| Establishment Year | 2008 |
| Head Office | Chennai |
| Owner | Owner: Titan Company Limited (Tata Group), 100% since Feb 27, 2024. |
| CEO Name | Saumen Bhaumik (CEO & Managing Director) |
| Industry | Jewellery retail and e-commerce (omnichannel) |
| Net Worth / Market Cap | Not publicly listed |
| Total Revenue in 2024 | FY2025 reported at ₹35.83 billion. |
Company Profile
CaratLane came into existence in 2008 with a clear-cut idea in mind, only to make it possible for everyone to have stylish and simple fine jewellery of good quality, which sounds cliché, but that was what they started with. It was a startup company by Mithun Sacheti and Srinivasa Gopalan. After that, Avnish Anand and Gurukeerthi Gurunathan were also acknowledged as co-founders due to their contribution to the brand’s hybrid online-plus-retail model, which led to extensive growth. Right now though, their main head office is in Chennai.
Current Status & Net Worth
CaratLane is a privately held company with no defined market capitalization whatsoever. After the 2023 transaction, when Titan acquired a 27.18% stake, the estimated valuation is close to ₹17,000 crore. That’s pretty much what we know. Surely, the profits have been consistent, and the company is expanding its brand stores domestically and internationally to energize its growth.
As of now, Titan Company owns 100% of CaratLane.
Future Plans and Recent Updates
Next CaratLane decisions are obvious: reach customers wherever they are, you know? Besides that, the brand is making moves in the foreign market, and there are plans for store openings in the U.S. and Dubai, too. Locally, the company is growing in different districts of Uttar Pradesh, besides expansion is going on in the village. It perfectly matches the modern customers’ likes: simple, lightweight, and trendy jewelry, which is also useful, especially if the price of gold is going up.