Key Metrics
  • No. of Employees2207
  • Founded Year 2008
  • Company StagePrivate Limited Company
  • Total Funding₹371.2 Cr
  • Industry

  • Headquarter
  • Company StatusAcquired
About CaratLane

Founded in 2008 by Mithun Sacheti and Srinivasa Gopalan, CaratLane emerged as India’s first omni-channel jewellery brand with a bold vision—to make beautiful jewellery accessible, affordable, and forever wearable. CaratLane was born from the desire to democratize jewellery shopping in India. The founders recognized that the traditional jewellery market was often inaccessible and intimidating for many. They aimed to break these barriers by leveraging technology and innovative retail strategies to create an inclusive and enjoyable shopping experience.

Business Model

CaratLane sells diamond and gold jewelry online and through a few physical stores. Its product range includes rings, bands, solitaires, earrings, necklaces, and bracelets. The company offers customization options.

Top Competitors
GI
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BL
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ME
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CaratLane Funding Details
Funding Highlights
Latest Funding RoundSeries D
Total Funding Raised₹371.2 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors1
Investors
  • Titan
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
CaratLane Financial Details
Financial Highlights
FY 2022-23 Revenue₹2,187.89 Cr
FY 2022-23 Expenses₹2,068.54 Cr
FY 2022-23 Profit/Loss₹82.08 Cr
Net Cash Flow From Operations-₹233.58 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
CaratLane Key People
People Metrics
Current Core Team3
Board Members/Directors4

Core Team

AA
Avnish Anand Co-Founder & CEO
GG
Gurukeerthi Gurunathan Co-Founder & CTO
MB
Manoj Bhanawat CFO

Board Members/Directors

AH
Ajoy Hiro ChawlaDirector
BB
Bhaskar BhatDirector
AK
Ashok Kumar SonthaliaDirector
VK
Venkataraman Krishnamurthy CoimbatoreDirector
CaratLane Documents

AY - 2020-21

Profit and loss statement - CaratLane - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of CaratLane for FY 2020-21
₹249.00 ₹498.00
Balance sheet - CaratLane - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of CaratLane for FY 2020-21
₹249.00 ₹498.00

AY - 2021-22

Profit and loss statement - CaratLane - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of CaratLane for FY 2021-22
₹249.00 ₹498.00
Balance sheet - CaratLane - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of CaratLane for FY 2021-22
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - CaratLane - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of CaratLane for FY 2022-23
₹249.00 ₹498.00
Balance sheet - CaratLane - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of CaratLane for FY 2022-23
₹249.00 ₹498.00

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