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CaratLane has raised four rounds of capital, Series A through Series D, with the most recent round being led by Tiger Global, a US-based Hedge fund. [10] In its fourth round of fundraising (in 2015) CaratLane received ₹ 192 crore (US$22 million) from Tiger Global making the sum total invested by the Hedge Fund approximately ₹ 318.31 crore (US$37 million).
This page was last edited on 10 September 2023, at 13:34 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Titan acquired a 62% stake in CaratLane 2016 for $50 million. [37] In 2023, Titan acquired another 27.18% stake in CaratLane Trading from the jewellery brand’s founder and his family for Rs 4,621 crore in cash, following which its stake in the company will increase to 98.28%. [38] In 2024, Titan acquired the remaining stake in CaratLane. [39]
To finance this acquisition, WeWork India attempted to raise around $150 million from a consortium of investors, which included Enam Group’s family office, venture fund A91 Partners, and ...
In the late 2000s, Tanishq made its first attempt to go international with stores in the United States (at Chicago and New Jersey), but closed them after a few years.In 2020, in the middle of the COVID-19 pandemic, it opened its first store in Dubai.
The sources for this article (CaratLane) are established, independent sources with no connection to CaratLane. All the sources cited are 'Independent of the Subject.' Since this article was created, there have been more developments that have been reported in various news sources.
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