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Dhruv Bahl: Former BharatPe COO Dhruv Bahl launches venture fund

Former BharatPe COO Dhruv Dhanraj Bahl launches venture capital fund, Eternal Capital. The fund plans to raise Rs 120 cr with a greenshoe option for a similar amount ....

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Aditya L1: young scientists, women trailblazers behind India's solar mission

As India s first space-based solar observatory, Aditya L1, takes giant strides in its sun mission, whats not much known is that it was a group of youngsters, and the countrys women in science back home, who made the endeavour a reality. This and more in todays ETtech Morning Dispatch. ....

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'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. ....

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CaratLane's Mithun Sacheti on glittering Titan deal; Zerodha expects steady revenue in FY24; and FirstCry closes secondary deal

Happy Monday! Mithun Sacheti hit it big on Saturday when he sold his 27% stake in online jewellery marketplace CaratLane to Titan. The Rs 4,621 crore deal is among the largest for any Indian consumer internet company. Hear all about it from Sacheti himself in todays super packed edition of the ETtech Morning Dispatch. ....

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Mithun Sacheti's Rakesh Jhunjhunwala connection and his journey from Jaipur Gems to CaratLane

While shedding light on his initial foray into the e-commerce business, Sacheti said that he didnt realise the kind of money it would take to build an e-commerce business. " Sacheti s family runs Mumbais well-known jewellery store Jaipur Gems, asserted that his family stayed away from the media limelight as he quietly built the Chennai-based company. He also shed light on the CaratLane journey and how Rakesh Jhunjhunwala backed him a lot. ....

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