News

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

Aims at touching revenues worth Rs. 350 crore by the end of the 2015 financial year

diamond world news service

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.


Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet

Arctic Blue Diamonds Secures Majority Stake in Canada's WO Diamond Project

PGI India’s 2025 Buyer-Seller Meet Fuels Platinum Growth Ahead of Festive Season

Gemfields Postpones Second Processing Plant Launch in Mozambique, Restarts Operations in Zambia

ALROSA Expands Diamond Output with Development of Karpinsky-2 Pipe in Russia’s Arkhangelsk Region

David Kellie to Step Down as Natural Diamond Council CEO After Pivotal Six-Year Tenure