Caratlane targets Rs. 1,500 cr sales

September 20, 2014 10:39 pm | Updated 10:39 pm IST - CHENNAI:

Online jewellery retailer Caratlane expects to touch revenue of Rs.1,500 crore by 2018-19.

The Chennai-based startup founded in 2008, offers diamond jewellery such as rings, pendants, earrings, bangles and bracelets, chains and necklaces.

It also offers gold coins. It also allows users to gift jewellery.

The firm expects to end financial year 2015 with revenue of about Rs. 350 crore and aims to increase it to Rs.1,500 crore by 2019, said Mithun Sacheti Co-Founder and CEO of CaratLane.com. With 1 lakh customers,CaratLane is backed by private equity firm Tiger Global.

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