Posts Tagged ‘ Caratlane ’
Thursday, February 16, 2017
Dearton Thomas Hector
The race for supremacy in the online jewellery retailing segment has tightened, with the gap in revenue of the top two players—Caratlane and Bluestone—halving in the last financial year. Carat Lane Trading Pvt Ltd, which runs Caratlane.com, posted a 9.5% increase in net sales to Rs 131.8 crore f...
Online jewellery marketplace VivoCarat.com has raised $50,000 (Rs 33.8 lakh) in seed funding from a group of individual investors. The names of the investors were not divulged by the startup. The corpus raised will be used for product development, team building, and marketing, the company said in a ...
19 December, 2016 |
Bangalore-based jewellery e-tailer BlueStone has raised $30 million (Rs 200 crore) in a fresh round of investment led by financial services firm IIFL Holdings Ltd and Accel Partners. Kalaari Capital, RB Investments and IvyCap Ventures also invested in the Series D round, Bluestone Jewellery and Life...
18 July, 2016 |
AuGrav, a Coimbatore-based startup that designs and sells personalised precious jewellery to end-customers and retailers, is in talks with the Chennai chapter of global angel network Keiretsu Forum and others to raise close to $450,000 (around Rs 3 crore) in seed investments. The startup wants to in...
14 July, 2016 |
Until a few years ago, hardly anyone in jewellery-crazy India would have thought of buying the precious items online. But two startups changed the game. Bluestone and Caratlane not only proved that people do buy costly gold and diamond jewellery online but also attracted funding from marquee investo...
8 June, 2016 |
It was certainly a happening year for the e-commerce sector. While we saw blockbuster buyout of VC-backed venture redBus and the big daddy of Indian e-com Flipkart scooping a large chunk of money, we also saw the country’s oldest player Indiaplaza as good as shutting down as did several newbies in...
26 December, 2013 |
Chennai-based Caratlane Trading Pvt Ltd, which runs the online diamond and jewellery portal Caratlane has recently closed its series C round of funding, a source privy to development informed. Founded in 2008, Caratlane deals in gold, silver and diamond jewellery. It was founded by Srinivasa Gopalan...
13 May, 2013 |
While many still consider selling jewellery online a risky proposition, its market potential is huge, considering that jewellery is one of the largest selling products on eBay India. And while there are a number of players already operating in the space, a new one has quietly made its entry in the f...
10 October, 2012 |
Online shopping is exploring new product markets with customers across India spending, believe it or not, lakhs in single purchases! According to Chennai-based Caratlane Trading Pvt Ltd, which runs the online diamond and jewellery portal CaratLane.com, buyers are spending an average of Rs 1 lakh on ...
6 September, 2011 |
The e-commerce sector in India has already received funding in excess of $250 million this year. And this amount can easily cross the $500 million mark by the end of 2011. However, this also raises a big question. Is the funding justified? Many believe that this is a matter of concern, as it can be ...
23 August, 2011 |