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CARAT LANE TRADING
The Gold Standard: How a Bootstrapped Company Outlasted Every Funded Rival in India’s Goldtech BoomAugmont Enterprises has quietly established India's most comprehensive gold platform. Unlike well-funded rivals that faltered, Augmont focu...- Free gold on Dhanteras! Indian jewellers hatch lucrative plans to trump your price painGold prices are at an all-time high in India, presenting a challenge for jewellers this festive season. Despite the cost, consumers are ada...
- Jewellery demand up as gold falls 7% from peak of Rs 1 lakh per 10 gmGold prices have decreased, leading to more customers visiting jewellery stores. Demand is up for 18-carat and 22-carat jewellery due to th...
- Lighthouse invests Rs 284 crore in jewellery brand Kushal’sKushal's will use the funds to strengthen its brand and increase its retail footprint. The jewellery brand aims to open more than 300 store...
- Global biggies Zara, H&M and Adidas bet big on tier-2 cities to drive growthRetailers are investing heavily in tier-2 cities in India due to the market potential and rising economic significance. Global and local br...
- Stocks in news: Airtel, Titan, Maruti Suzuki, BPCL, TCS, WiproAdani Enterprises arm Adani Defence Systems has signed a shareholders agreement and share subscription agreement with Elbit Systems, Israel.
- Titan gets CCI nod for additional stake purchase in CaratLaneThe combination relates to the acquisition of 27.18 per cent share capital of CaratLane (a subsidiary of Titan) by Titan Company Ltd, on a ...
- CCI approves Titan’s Rs 4,621 crore stake purchase in CaratLaneIn August, Titan had announced that it was buying the stake from CaratLane founder Mithun Sacheti and his family for Rs 4,621 crore in cash.
- Aditya L1: young scientists, women trailblazers behind India’s solar missionAs India's first space-based solar observatory, Aditya L1, takes giant strides in its sun mission, what’s not much known is that it was a g...
- R.I.P. or ROI: Will the Zepto funding revive quick commerce? and other top tech, startup stories this weekWhile the jury is still out on the profitability — if at all — of quick commerce firms, especially as a standalone business, multiple indus...
- Tata-owned omnichannel jewellery retailer CaratLane appoints Avnish Anand as chief executiveAnand was previously chief operating officer of the Tata Group-owned CaratLane and has been at the firm for more than 8 years.
- CaratLane contests ED notice on alleged FEMA violationThe ED accused CaratLane of violating the Foreign Exchange Management Act (FEMA). The notice served on March 28, 2022, stated that FDI was ...
- CaratLane to challenge FEMA violation notice; govt may use DigiLocker for parental consentCaratLane Trading is under the lens of the Enforcement Directorate (ED) for alleged violation of Foreign Direct Investment (FDI) regulation...
- Dunzo’s funding plans hit a roadblock; software firms seek changes to local value addition normsTroubled quick commerce company Dunzo, in desperate need of cash, is in talks for a funding deal with its investors. But with that comes a ...
- CaratLane’s Mithun Sacheti on glittering Titan deal; Zerodha expects steady revenue in FY24; and FirstCry closes secondary dealHappy Monday! Mithun Sacheti hit it big on Saturday when he sold his 27% stake in online jewellery marketplace CaratLane to Titan. The Rs 4...
- Stocks in news: Jio Financial, Titan, SJS Enterprises, PNB Housing Finance, M&MMarquee investor Ashish Kacholia sold part of his stake in aesthetic solutions provider SJS Enterprises for Rs 11.6 crore through the open ...
- Titan picks up 27% more in CaratLane for Rs 4,621 croreThe latest transaction will ascribe a valuation of Rs 17,000 crore to CaratLane. The deal ranks as the second largest exit for an ecommerce...
- Titan to conclude Caratlane acquisition in a monthTitan Company today said the all-cash acquisition of online jewellery portal Caratlane would be concluded within a month's time.
- Carat Lane Trading raises Rs 185 crore from US hedge fund Tiger GlobalFunds were raised through a private placement offer to Tiger Global’s Singapore investment arm, Internet Fund III Pte Holdings.
- High-value gold and diamond jewellery websites fail to attract Indian customersIt appears that e-commerce is not preferred by Indians when it comes to high-value gold jewellery or solitaires.
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