CaratLane Acquired
Carat Lane Trading Private Limited is involved in the business of designing, manufacturing, trading and retailing of gems and jewellery.
CaratLane: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 26 Jan 2015 | Series D | $31 Mn | Tiger Global Management | source |
| May 2013 ~ | Series C | $15 Mn | Tiger Global Management | source |
| Mar 2012 ~ | Series B | $6.26 Mn | Tiger Global Management | source |
| Jun 2011 ~ | Series A | $6 Mn | Tiger Global Management | source |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 14 Jul 2016 | Titan Company | CaratLane | $53.26 Mn | source |
Recent Signals
-
27 Feb 2024 · ma-strategic
Titan acquires remaining 0.36% of CaratLane for Rs 60.08 crore, completing full ownership source -
19 Aug 2023 · ma-strategic
Titan agrees to buy remaining 27.18% of CaratLane from founder Mithun Sacheti for ~Rs 4,621 crore, taking stake to 98.28% source -
30 Mar 2019 · ma-strategic
Titan raises stake in CaratLane to 69.47% with Rs 99 crore investment source
News on CaratLane
No coverage of CaratLane linked yet.
L Litmus · by Lapaas
Got an idea like this one? Validate it with the same 9-block framework, free.
Start Free ValidationFAQs on CaratLane
Who founded CaratLane?
CaratLane was founded by Mithun Sacheti, Srinivasa Gopalan in 2008.
How much funding has CaratLane raised?
CaratLane has raised $58.26 Mn across 4 tracked funding round(s), most recently on 2015-01-26. Figures are compiled from cited public sources.
Who are the investors in CaratLane?
Investors in CaratLane include Tiger Global Management.
What does CaratLane do?
Carat Lane Trading Private Limited is involved in the business of designing, manufacturing, trading and retailing of gems and jewellery.
Where is CaratLane headquartered?
CaratLane is headquartered in Chennai, Tamil Nadu, India.
What is CaratLane's business model?
CaratLane's core value proposition centers on Bite-sized, affordable, forever-wearable jewellery brand, Price and assortment advantage via disintermediated sourcing.
How does CaratLane make money?
CaratLane's cited revenue streams include Jewellery sales (diamond, gold, silver), Shaya — affordable silver jewellery sub-brand (since 2018).