On the onset of the festive season, fine jewellery brand CaratLane has announced the opening of two new outlets in the eastern part of the country. The announcement was made by company executives on social media. The two stores include CaratLane’s first ever store in Arunachal Pradesh. Located in the heart of Itanagar, this store marks CaratLane’s 11th outlet in the North-East part of the country. The second store is located in Kanchrapara, West Bengal.
CaratLane is based in Chennai and was launched by entrepreneurs Mithun Sacheti and Srinivasa Gopalan in 2008 as an online business. Tata Group has invested in the business through its subsidiary Titan Company Limited since 2016 and now holds a 99.64% equity stake in the business.