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CaratLane

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CaratLane
Type of sitePrivate Limited
HeadquartersChennai, Tamil Nadu, India
Founder(s)Mithun Sacheti, Srinivasa Gopalan
Industrye-Commerce
URLwww.caratlane.com
Launched2008

CaratLane is an Indian online portal that sells jewellery. It was founded by Mithun Sacheti and Srinivasa Gopalan in 2008.

CaratLane's inventory includes diamond jewellery and gold coins.

History

Mithun Sacheti, a jewellery retailer, collaborated with Srinivasa Gopalan who is an IT entrepreneur and the founder of Lister Technologies, to form CaratLane.

Funding

Tiger Global, a US-based hedge fund, has been investing in CaratLane since 2011. In its fourth round of fundraising (in 2015) CaratLane received ₹192 Cr ($31m) from Tiger Global making the sum total invested by the Hedge Fund approximately ₹318.31 Cr ($58m.)


Awards

• CaratLane was named the Best e-Commerce website of 2013 at the India Digital World Awards.

• In 2011, Dataquest, Sapient Nitro and JuxtConsult conducted a study to identify the most popular e-commerce sites in India and CaratLane was in the top 20. It was also identified as the best in terms of usability and user interface design.

References

  1. "Caratlane.com Site Info". Alexa Internet. Retrieved 9 April 2015.
  2. "Tiger Global Invests $6 M In Diamond Jewellery Portal CaratLane". VCCircle. Retrieved 8 April 2015.
  3. "Caratlane raises $31M in Series D round from Tiger Global". VCCircle.com. Retrieved 29 April 2015.
  4. "Carat Lane Gets PE Funding". The Hindu. 4 July 2011. Retrieved 28 April 2015.
  5. "Tiger Global Invests $6M In Diamond Jewellery Portal CaratLane". VCCircle. 22 June 2011. Retrieved 8 April 2015.
  6. "Tiger Global Invests $6M in Diamond Jewellery Portal CaratLane". VCCircle. 22 June 2011. Retrieved 8 April 2015.
  7. "Caratlane closes Series C of $15M from existing investors". VCCircle. Retrieved 28 April 2015.
  8. "CaratLane Raises $31 M in Funding From Tiger Global". Medianama.com. Retrieved 8 April 2015.
  9. "CaratLane Raises $31 Million". Business Standard. 26 January 2015. Retrieved 8 April 2015.
  10. "Caratlane raises $31M in Series D round from Tiger Global". techcirle.in. Retrieved 30 April 2015.
  11. "Champions of the Digital World" (PDF). http://www.iamai.in. Internet and Mobile Association of India. Retrieved 29 April 2015. {{cite web}}: External link in |website= (help)
  12. "India's 20 hottest e-commerce startups". www.rediff.com. Retrieved 25 May 2015.
  13. "Specialised Online Stores Hottest e-Commerce Start-Ups: Survey". Nerve.in. Retrieved 8 April 2015.

External Links

Official Website - www.caratlane.com

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