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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).
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]
Tanishq was the first jewellery retail chain in India. [5] The first years of Tanishq recorded consistent losses. In 2000, Managing Director Xerxes Desai chose Bhaskar Bhat to succeed him. Starting in 2000, its net worth started to grow, and by 2003, Tanishq was among the top 5 retailers in India, and made up 40% of the Titan Company's revenue. [5]
This Article meets the criteria of notability as the subject of this article i.e.CaratLane has received significant coverage from reliable, third-party sources that are independent of the subject. As an e-tailer for jewellery in India, it is the first of its kind.
Silver jitals were accompanied by copper coins of lower denomination, often struck with the same die. The bull-and-horseman design (see images at right and below) was copied and adapted by subsequent Hindu and Muslim Medieval authorities in the territories corresponding to modern Afghanistan, Pakistan, North West India and eventually beyond. [2]
India and Europe both received a fair amount of silver. [14] This silver was often locally traded for other commodities, such as gold or crops. In India, silver flowed from the south to the north, and gold flowed the opposite way. [14] Often silver and gold were manufactured into jewelry or hoarded as treasure.
The India Rubber, Gutta Percha and Telegraph Works Company was a London-based company based in Silvertown, East London.It was founded by Stephen William Silver in March 1864 as Silver's Indiarubber Works and Telegraph Cable Company Ltd. [1] However in July that year the name was changed to the India Rubber, Gutta Percha and Telegraph Works Company.
Shirpur Gold Refinery is India's first refinery headquartered in Mumbai. It is a green field precious metal refinery with installed capacity to refine 217 MT p.a. of gold and silver respectively in Shirpur and Dhule in the state of Maharashtra. [2] SGRL is a Public Ltd Company with its shares listed in BSE & NSE. [3]
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