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CaratLane
Jewellery · Diamond / contemporary fine
Acquired (Titan 100%)India
HQChennai, India
Founded2008
FoundersMithun Sacheti, Srinivasa Gopalan, Avnish Anand, Gurukeerthi Gurunathan
RegionIndia
Financials
FY24 Revenue₹3,080 Cr (FY24)
FY25 Revenue₹4,230 Cr (FY25, Tracxn)
YoY growth+41% FY24
Profitabilityprofitable
Channels & Distribution
Channel mix not disclosed.
D2C—
Marketplace—
Offline—
Stores262
Tech stack
Primary stackCustom
Shopify share0%In-house: 100%
Mobile appYesRating 4.68
Stack signals
AWS FargateNew RelicAWS WAFAmazon GuardDutylow-code/no-code automationproprietary 3D virtual try-on
CRM: In-house CRM + Tata Neu
Analyst notes
Diamond/contemporary fine. Titan acquired remaining 28% for ₹4,000 Cr in 2023. FY24 ₹3,080 Cr, ₹79 Cr PAT. 262 stores in 105 cities. Custom proprietary stack — AWS Fargate, NOT Shopify.
Confidence: verifiedVerified 5 Jun 2026
Funding
Latest roundFounder buyout2023
Round size₹4,000 Cr for remaining 28%
Total raised—
Valuation$2B+2023
Investors
Titan Company
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