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How Cartlane disrupted the Jewellery Market? > jewellery market was totally offline > So Mithun Sancheti Thought to make it Online > In 2008, he started CaratLane along with Srinivasa Gopalan > idea was to create an online platform where one could browse, customise, and purchase jewellery > soon raised $500k in seed funds > but it didn't work > people didn't trust buying jwellery online > They added transparent pricing and authenticity guarantees > even that didn't work > further, it's a capital-intensive business with high operational costs > time for change! > they raised $13M and set up offline stores > customers could now try jewellery offline and then buy it online > this worked! > in 2016, Titan, Tata's brand, acquired 65% of the company for $50M > today, CaratLane makes over โน2000cr in revenue with a โน170cr profit Awesome, isn't it?
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The Untold Story of CaratLane โ How a Digital Spark Became a โน17,000 Crore Empire โข This is Part 2 of Our Series: Disruptive Brands Changing the Game in India 1. Market Fit โ Spotting the Gap in Tradition In 2008, Mithun Sacheti and Srinivasa Gopal
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Giva is a silver jewellery brand started in 2019 by Ishendra Agarwal, Nikita Prasad, and Sachin Shetty. Ishendra Agarwal studied electrical engineering from IIT Kharagpur. After this he worked in D2C food startup Twigly. Nikita Prasad studied jewel
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๐ ๏ธ 75% of Indian SMBs donโt have a digital storefront Shopprr raised โน18 Cr to bring mobile-first stores to small businesses What's broken? โ SMBs rely only on WhatsApp & offline sales โ No inventory sync across channels โ Poor online visibility b
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RP Road is Turning into a Jewellery Hub in Hyderabad โ Why? In the heart of Secunderabad, RP Road is witnessing a transformation โ from a regular commercial street into one of Hyderabad's most vibrant jewellery hubs. Whatโs causing this change? Why
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Blue Tokai Coffee Roasters was the first company to bring Speciality Coffee to India back in 2013. Two days back - They raised a $35 M Series C. โญ๏ธInvestors include: Verlinest, A91 Partners, 8i Ventures, Deepika Padukone โ๏ธA few points about BTCR -
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Lenskart IPO Also Coming Soon! โข Lenskart.com is also planning an IPO to raise between $750 million to $1 billion, with a valuation of $7-8 billion. โข In FY24, Lenskart generated โน5,427 crores in revenue, a 23% increase from the last financial year
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Amazon India's "Chai Cart" Strategy ๐ I am sure most of you don't know about this strategy that Amazon India employed to win over small offline sellers. Even I didn't know this, I was learning about Amazon's success in India when I got to know abou
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Top News of the Day: 1. Full-stack eyewear platform EyeMyEye has raised Rs 20.8 crore (approximately $2.5 million) in a new tranche as part of its pre-series A round. 2. Butterfly Learnings, a platform in paediatric behavioural and developmental he
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๐ก๐ผ๐ฏ๐ผ๐ฑ๐ ๐ฒ๐๐ฒ๐ฟ ๐๐ต๐ผ๐๐ด๐ต๐ ๐๐๐ถ๐ฐ๐ฒ ๐ฎ๐ฏ๐ผ๐๐ ๐๐ต๐ฒ๐ถ๐ฟ ๐ถ๐ป๐ป๐ฒ๐ฟ๐๐ฒ๐ฎ๐ฟ - ๐๐ป๐๐ถ๐น ๐ซ๐ฌ๐ซ๐ซ ๐๐ฝ๐ฝ๐ฎ๐ฟ๐ฒ๐น๐ ๐ฐ๐ฎ๐บ๐ฒ ๐ฎ๐น๐ผ๐ป๐ด !! Founded by Yogesh Kabra in December 2017 in Surat, Gujarat. Yogesh holds an MBA from Hult Interna
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