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Candere by Kalyan Jewellers
Jewellery · Diamond / mid-market online-first
Acquired (Kalyan 100%)India
HQMumbai, India
Founded2013
FoundersRupesh Jain, Ashish Bajaj
RegionIndia
Financials
FY24 Revenue₹130.3 Cr (FY24)
FY25 RevenueFY25 +147% YoY Q3 (parent disclosure)
YoY growth+147% YoY Q3 FY25
Profitabilityloss-making
Channels & Distribution
Channel mix not disclosed.
D2C—
Marketplace—
Offline—
Stores73
Tech stack
Primary stackCustom
Shopify share—
Mobile appYes
Stack signals
Kalyan group enterprise stackcustom + third-party platform
CRM: Kalyan MarTech
Analyst notes
Now 100% Kalyan subsidiary. 73 showrooms (Mar 2025).
Confidence: verifiedVerified 5 Jun 2026
Funding
Latest roundFounder buyout2025
Round size₹42 Cr for remaining 15%
Total raised—
Valuation~₹280 Cr (implied)2025
Investors
Kalyan Jewellers India
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