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From a single store to a billion-dollar venture: Mithun Sacheti s Rs 17,000 crore triumph in the jewelry industry - Lifestyle News

From a single store to a billion-dollar venture: Mithun Sacheti s Rs 17,000 crore triumph in the jewelry industry - Lifestyle News
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Tamil naduMithun sachetiFlipkart sachinRatan tataSydenham college of commerceTata groupIndian institute of management bangaloreJaipur gemsSydenham collegeIndian instituteManagement bangaloreTata sonsCarat lane

Meet man, who started jewellery store, built a Rs 17,000 crore and then sold it

He started with a jewellery store – Jaipur Gems in Mumbai and went to build Chenni-based company CaratLane

New yorkUnited statesTamil naduMithun sachetiRatan tataFlipkart sachin bansalTata groupSydenham college of commerceIndian institute of management bangaloreJaipur gemsChenni based caratlaneSachin bansalTiger globalSydenham collegeIndian instituteManagement bangalore

India Digest: Jiraaf raises $8 7m in Series B funding; Oro Money bags $12 5m

Jiraaf has secured $8.7 million in a Series B funding round, while gold loan marketplace Oro Money has raised around $12.5 million.

Mithun sachetiVineet agrawalSaurav ghoshFamily office dr bhaskar shahMankekar family officePi opportunities fundEtoro moneyHarmony partnersAccel partnersAspire family officeThree state capitalSingularity venturesJaipur gems

Hit TV Show Promotes Natural Diamonds

Hit TV Show Promotes Natural Diamonds
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Richa singhJohn jeffayVishal ramchandaniNatural diamond councilManaging directorNatural diamondExcel entertainmentAmazon prime videoKhanna jewellersAnmol jewellersJaipur gemsKhurana jewellersGaurav gupta occasions

Achieved one goal, have to achieve more : Life after CaratLane for Mithun Sacheti

Mithun Sacheti, co-founder of CaratLane, has gained attention since the announcement of Titan s acquisition of his remaining stake in the company for Rs 4,621 crore ($635 million) in cash. While the spotlight is new to him, Sacheti says he always knew the value of the business. Despite the large sum of money, he admits it doesn t mean much to him personally and that he would take the business back if given the opportunity. CaratLane has been growing at over 50% for the last five years and achieved profitability in 2020-21. Sacheti plans to continue his involvement in the startup ecosystem through various ventures.

Uttar pradeshTamil naduRakesh jhunjhunwalaKunal shahAnna salaiGurukeerthi gurunathanLee fixelJa simranMithun sachetiAvnish anandSailesh tulshanDilwale dulhaniya le jayengeSrinivasa gopalanStrategic management programmeSishya schoolIndian school of business

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