CaratLane

CaratLane is an Indian physical and online jewelry retailer, headquartered in Chennai, India. The company was founded by Mithun Sacheti, and Srinivasa Gopalan, in 2008. As of July 2016, the company is a subsidiary of Titan Jewellery, and marketed as a partnership with Tanishq. As of July 2020, the retailer had 92 stores across 36 cities in India.
History.
The retailer was founded in 2008, by Mithun Sacheti, a jewellery retailer, and Srinivasa Gopalan, an IT entrepreneur and founder of Lister Technologies
The company started off as an online retailer before opening physical stores, with its first store opening in Chennai.
Funding.
CaratLane has raised four rounds of capital, Series A through Series D, with the most recent round being led by Tiger Global, a US-based Hedge fund. In its fourth round of fundraising (in 2015) CaratLane received from Tiger Global making the sum total invested by the Hedge Fund approximately .
In July 2016, Titan purchased a 62% stake in CaratLane for .