Caratlane looks to increase revenues to Rs.1,500 crore by 2019

Leading jewellery retail company Caratlane is looking at a robust increase in its sales in the coming four-five years, reports say. The company expects its revenues to touch around Rs. 350 crore by the end of the 2015 financial year; upto close to Rs.1,500 crore by 2019, reports say.

The company currently has a strong base of 1 lakh customers. Its product portfolio includes gold coins and jewellery and also gifting options, reports say.

Caratlane was set up in 2008 and is backed by private equity firm Tiger Global.