Caratlane expands retail presence across India, opens 200th milestone store in Lucknow

By

Maverick Martins

Published
Mar 31, 2023

Omnichannel jeweller Caratlane achieved a significant milestone with the launch of its 200th store in the city of Lucknow in Uttar Pradesh.

The store located at the centre of the capital city Gomti Nagar is spread across an area of 3156 sq ft.

Caratlane also opened 20 new stores on the same day Pan India across cities like Anantapur, Pondicherry, Ajmer, Kangra and Patna to take its store count to 220.

 The launch of these stores is a part of Caratlane's aggressive expansion plan, which includes opening stores in tier 2, 3 cities across India.

 Commenting on the new store launch, Prashant Chaudhary, vice president omni business at Caratlane in a statement said, “We are thrilled to open our 200th store in Lucknow. We saw enthusiastic customers in Lucknow, and realised the high demand in this catchment area, and hence Gomti Nagar was a strategic choice. We are confident that our innovative retail format and curated jewellery collections will resonate with the people of Lucknow.”

“What makes this day even more special is the launch of 20 other stores Pan India on the same day, which is something we have never done before. It brings me great joy to say that we are now available in 220 stores across India,” he added.

Caratlane was founded in 2008, by Mithun Sacheti and Srinivasa Gopalan. It began business as an online jewellery platform and was acquired by Titan Ltd in 2016.