Avnish Anand will take over as the new CEO of Caratlane, replacing Mithun Sacheti, who departed from the company following Titan Ltd's complete acquisition of the stake held by Sacheti and his family members.

C K Venkataraman, the Managing Director of Titan Ltd, expressed his delight with Avnish's appointment, highlighting his outstanding strategic and leadership skills, which have played a pivotal role in establishing Caratlane as a true omni-channel brand.

Avnish Anand, a member of Caratlane's founding team, shared his excitement for this new chapter, acknowledging Mithun's support and guidance throughout the journey. He looks forward to the opportunity to further expand and enhance the business.

Caratlane is involved in the manufacturing and sale of jewelry, operating through its website and a network of 230 brand stores across India.