Overview

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Status
Acquired by on May 6, 2016
Total Equity Funding
$52M in 3 Rounds from 1 Investor
Headquarters:
Chennai, Tamil Nadu
Description:
CaratLane is an online jewelry store based in India that provides access to a wide range of loose diamonds for the gem and jewelry market.
Founders:
Categories:
E-Commerce, Jewelry, Manufacturing
Website:
http://www.caratlane.com
Social:

Company Details

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CaratLane is India's first & the largest online jewelry store of its kind. One of India’s leading e-commerce companies, CaratLane has become one of the country's most visible online brands since its inception in October 2008. It started with a mission to change the way diamonds and diamond jewellery is bought in India. In 4 short years, this vision is well on its way to being realized.

With a network of over 4000 global vendors, they offer the largest collection of diamonds & diamond jewellery in the country. Sparkling solitaires & precious diamond and gemstone jewellery leave factories daily, to delighted customers in more than 150+ cities and towns across the length & breadth of India. Their business model helps customers save up to 25% over retail prices. CaratLane is promoted by professionals who know the diamond jewellery business inside out as well as one of the pioneers of the online industry in India. Like all online businesses, CaratLane derives strength from having low overheads and low inventory costs. In addition, all manufacturing is done in house making them not just a re-seller, like most online businesses.

Funding Rounds (3) - $52M

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DateAmount / RoundValuationLead InvestorInvestors
Jan, 2015$31M / Series D1
May, 2013$15M / Series C0
Jun, 2011$6M / Series A0

Investors (1)

InvestorRound(s)Partner(s)
Series D (Lead)-

Current Team (8)

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Offices/Locations (1)

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  • HQ

    New No.75, Old New 39,

    3rd floor, Century Center, TTK Road, Alwarpet

    Chennai, Tamil Nadu 600018

    India

Images (1)

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