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CARATLANE NEWS
Titan shares rally over 6% after strong Q4 update; jewellery and watches drive 25% growth, store count crosses 3,300- Nazara Technologies shares slip over 1% after Q3 profit falls 53% YoY, but revenue surges 67%
- Nazara Tech shares in focus after raising Rs 855 crore via preferential issue to fuel expansion
- 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...28 Nov, 2024, 04.05 PM IST
- Chakri Lokapriya on 2 safe areas to invest in this marketChakri Lokapriya, Managing Partner at RSB LLP, suggests that the current market downturn presents a buying opportunity in sectors like IT a...05 Nov, 2024, 11.27 AM IST
- Nazara Technologies to raise Rs 900 crore in its biggest fundraise; acquires additional stake in Absolute SportsNazara Technologies announced a Rs 900 crore fundraising through preferential equity. The funds will be used for acquisitions, business exp...19 Sep, 2024, 03.41 PM IST
- Nazara to raise Rs 900 crore, hikes stake in Absolute Sports to 91%This is Mumbai-based Nazara's largest fundraise so far. Investors in the round included SBI Mutual Fund, CaratLane founder Mithun Sacheti, ...18 Sep, 2024, 04.55 PM IST
- Binny Bansal, CaratLane’s Sacheti back Xeed Ventures; decoding fintech’s AMC bizXeed Ventures, an early-stage fund run by Sailesh Tulshan, which was formerly known as 021 Capital, has also roped in Premji Invest as an L...15 Apr, 2024, 07.41 AM IST
- Battery tech startup Lohum raises $14 million in fundingMumbai-based Singularity Growth, which counts CaratLane founder Mithun Sacheti among its backers, put in Rs 55 crore in this round of fundi...11 Mar, 2024, 06.33 PM IST
- Stocks in news: Vodafone Idea, Titan, IndoStar Capital, Juniper Hotels, ICICI LombardMultiple companies are in focus due to news developments. IndoStar Capital Finance raises funds. CMS Info Systems promoter sells stake. Sal...28 Feb, 2024, 07.26 AM IST
- CaratLane to turn wholly-owned arm of Titan with purchase of 0.4% stakeAs of date, CaratLane is a subsidiary of Titan wherein it holds a 99.64% stake. The completion of the aforesaid share purchase would result...27 Feb, 2024, 05.30 PM IST
- Inside Juspay’s new biz plans; revised incentive scheme for chip ancillaries soonFintech startup Juspay is building a full-stack payment gateway that can offer card, wallet and UPI-based transactions. This and more in to...14 Dec, 2023, 08.11 AM IST
- 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...13 Dec, 2023, 07.42 PM IST
- 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...04 Sep, 2023, 07.27 AM IST
- 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...23 Aug, 2023, 08.18 AM IST
- 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...21 Aug, 2023, 06.38 PM IST
- 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...21 Aug, 2023, 04.19 PM IST
- Jewellery brand Tanishq helps Titan to bounce back from Covid induced slowdownThe company, which records about 90% of its sales at bricks-and-mortar stores, saw a leapfrog of one-two years in the rate of ecommerce ado...10 Mar, 2021, 02.13 PM IST
- Jewellery business should grow at least 23% this year: Bhaskar Bhat, TitanOnline feeds the brick and mortar stores and again we are seeing a growth, says Titan MD.04 Feb, 2019, 02.31 PM IST
- Shop online for jewellery with hefty discountsYou can now buy cheaper jewellery through the Internet, with sellers claiming discounts of up to 30%. However, make sure you shop without b...23 Jan, 2012, 08.37 AM IST
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