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CARATLANE ACQUISITION
Titan Q4 profit jumps 35% as jewellery sales power growthTitan reported a 35% rise in Q4 FY26 net profit to Rs 1,179 crore, driven by strong jewellery demand and premium watch sales. Revenue surge...- 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...
- Watch out! Titan hits gold as its non-jewellery bets close in on $1 bnTitan's watches and CaratLane businesses are nearing the $1 billion revenue mark, driven by premiumization and volume growth across brands....
- Siddhartha Sacheti buys Rs 160 crore duplex in Mumbai’s WorliJaipur Gems CEO Siddhartha Sacheti has acquired two sea-facing luxury duplex apartments in Worli, Mumbai, for Rs 160 crore. The deal, total...
- Titan Company Q1 Results: Standalone PAT surges 34% YoY to Rs 1,030 crore, beats estimatesTitan Company Q1 Results: Titan Company on Thursday reported a 34% YoY surge in its Q1FY26 standalone net profit at Rs 1,030 crore versus R...
- Sky Gold Q1 FY26 profit doubles to Rs 43.6 crore, revenue up 56%Sky Gold and Diamonds posted a 2x jump in Q1 FY26 net profit to ₹43.6 crore, driven by robust exports, lightweight jewellery demand, and ma...
- Nazara completes Rs 855 crore fundraise led by SBI Mutual FundNazara Technologies secured $100 million in funding, led by SBI Mutual Fund, to fuel acquisitions and expansion. This capital injection wil...
- Zerodha’s Nikhil Kamath launches WTFund for young entrepreneursNikhil Kamath's 'WTFund' offers under-25 entrepreneurs Rs 20 lakh grants, mentorship, and support. Trend of founders turning investors seen...
- Mithun Sacheti joins Singularity Growth; Agilitas raises Rs 100 crore from NexusMithun Sacheti, who scored a Rs 4,621-crore exit from omnichannel jewellery retailer CaratLane to Titan in August, has joined Singularity G...
- 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.
- 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 ...
- Titan to buy CaratLane employees’ ESOPs for around Rs 350 croreThe company has around 1,700 employees, and its ESOP pool holds around 1.5% stake. Following the purchase of Sacheti’s 27.18% stake in Cara...
- Titan CFO explains the rationale behind raising CaratLane stake"While we will be able to conclude this transaction and all the regulatory approvals are expected to be in place in the next two months, we...
- ETtech Interview | Loss-making businesses in the eyes of strategics don't get great value: CaratLane’s Mithun SachetiWatchmaker Titan ascribed a valuation of Rs 17,000 crore to the omnichannel retailer, an over 30-fold jump from when it first invested in t...
- No major downside for Titan expected due to CaratLane acquisition: Amnish AggarwalTitan already had 71% stake in CaratLane. So, technically, CaratLane was a subsidiary of Titan. Now, as was expected, Titan gradually had i...
- Titan to acquire 62 per cent stake in Carat Lane for Rs 357.24 croreCarat Lane, which was incorporated in 2007 had revenue of Rs 141 crore in 2015-16, Rs 127 crore in 2014-15 and Rs 101 crore in 2013-14.
- 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.
- CaratLane in talks with US-based online stores for acquisitionCaratLane has raised over Rs 300 crore ($50 million) since 2011, mostly from Tiger Global Management, which is invested in Indian start-ups...
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